CYPC(SH:600900) Zheng Quan Shi Bao·2025-08-22 22:40Group 1 - The controlling shareholder of Changjiang Electric Power, China Three Gorges Corporation, plans to increase its stake significantly in the company, with an investment amount ranging from 4 billion to 8 billion yuan over the next 12 months [1] - The company currently has a market capitalization of 681.9 billion yuan and is the largest power listed company in China and the largest hydropower listed company globally [1] - As of the end of the first quarter, Changjiang Electric Power had 424,600 shareholders [1] Group 2 - In the first half of 2025, Changjiang Electric Power reported operating revenue of 36.587 billion yuan, a year-on-year increase of 5.02%, and a net profit attributable to shareholders of 12.984 billion yuan, a year-on-year increase of 14.22% [2] - The company plans to distribute cash dividends of no less than 70% of the annual net profit attributable to shareholders from 2026 to 2030, with a history of 24 cash dividend distributions since its listing, totaling approximately 205.9 billion yuan [2] - The increase in performance is primarily attributed to the increased power generation from six stepped power stations in the first half of the year [2]