新中港涨0.34%，成交额6911.97万元，近5日主力净流入-1473.95万

Core Viewpoint - The company is focusing on developing a "three-dimensional virtual power plant" system to enhance efficiency and reliability in energy production, while also aiming to become a regional comprehensive energy supply center with competitive carbon emission standards [2][3]. Company Overview - Zhejiang Xinhong Electric Power Co., Ltd. was established on October 17, 1997, and listed on July 7, 2021. The company primarily engages in the production and supply of thermal and electric power through cogeneration [8]. - The main revenue composition includes steam (71.77%), electricity (cogeneration) (16.60%), compressed air (6.89%), coal (2.48%), electricity (energy storage) (2.03%), and others (0.16%) [8]. Financial Performance - For the period from January to March 2025, the company reported operating revenue of 174 million yuan, a year-on-year decrease of 20.46%, and a net profit attributable to shareholders of 15.45 million yuan, down 39.20% year-on-year [8]. - Since its A-share listing, the company has distributed a total of 344 million yuan in dividends, with 204 million yuan distributed over the past three years [8]. Investment Projects - The company plans to construct a "three-dimensional virtual power plant" system, which will utilize sensors, monitoring systems, and data analysis technologies to visualize and analyze power plant operations [2]. - The company has announced plans to invest in energy storage projects through its wholly-owned subsidiary, Zhejiang Yuesheng Energy Storage Technology Co., Ltd. [2]. Carbon Emission Management - As of April 10, 2022, the company had a total carbon emission quota of 2.6483 million tons for 2019 and 2020, with actual emissions of 2.1483 million tons, resulting in a surplus of 500,100 tons, equating to a surplus ratio of 18.88% [2]. - The company aims to enhance its carbon reduction efforts through efficiency improvements and coupling carbon reduction strategies, including the production line of its subsidiary RDF and the upcoming operation of a solid waste and biomass fuel boiler renovation project [3].