股市必读：长源电力（000966）7月4日董秘有最新回复

Core Viewpoint - Longyuan Power's stock price has shown a slight increase, but the company faces challenges with declining electricity generation and profitability, prompting management to focus on improving operational efficiency and market performance [1][2]. Group 1: Financial Performance - As of July 4, 2025, Longyuan Power's stock closed at 4.69 yuan, up 1.3%, with a trading volume of 792,700 shares and a turnover of 373 million yuan [1]. - In Q1 2025, the company reported a significant loss primarily due to a decrease in both the average selling price and sales volume of electricity, with total generation of 8.461 billion kWh, down 11.72% year-on-year [1]. - In June 2025, the company completed electricity generation of 25.09 billion kWh, a year-on-year decrease of 23.58% [2]. Group 2: Generation Breakdown - In June 2025, thermal power generation was 20.77 billion kWh, down 28.85% year-on-year, while cumulative generation was 146.90 billion kWh, down 8.83% [2]. - Hydropower generation in June was 1.77 billion kWh, up 36.18% year-on-year, but cumulative generation was 5.64 billion kWh, down 33.89% [2]. - New energy generation reached 2.55 billion kWh in June, up 9.08% year-on-year, with cumulative generation of 14.61 billion kWh, up 15.61% [2]. Group 3: Management Response - The management is actively working on enhancing market performance, focusing on improving operational efficiency, cost control in fuel procurement, and financial management to boost profitability [1][2]. - The company is also committed to improving corporate governance, investor relations, and ESG capabilities as part of its market value management strategy [1].