长江电力控股股东推出40亿元至80亿元增持计划

Core Viewpoint - China Three Gorges Group plans to increase its stake in Yangtze Power through the secondary market, with an investment amount between 4 billion to 8 billion yuan over the next 12 months, reflecting confidence in the company's future development [2][3] Group 1: Shareholding and Dividend Policy - The shareholding increase will be executed through methods such as centralized bidding and block trading, without a fixed price range, depending on market conditions [2] - Yangtze Power announced a five-year dividend plan (2026-2030), aiming for cash or stock dividends, with a minimum cash dividend ratio of 70% of the net profit attributable to shareholders [2][3] - The company intends to distribute cash dividends annually, with the possibility of mid-term profit distribution if conditions allow [2] Group 2: Company Performance and Operations - Yangtze Power is the largest publicly listed hydropower company globally and a leading player in China's power sector, operating six major hydropower stations [3] - As of the end of 2024, the total installed hydropower capacity is projected to be 71.795 million kilowatts, with domestic capacity accounting for 71.695 million kilowatts, representing 16.45% of the national hydropower capacity [3] - In the first half of the year, the company reported revenue of 36.587 billion yuan, a year-on-year increase of 5.02%, and a net profit of 12.984 billion yuan, up 14.22% year-on-year, driven by increased electricity generation from its hydropower stations [3]