Ge Long Hui·2025-08-30 03:15Group 1 - The core profit of the company slightly decreased by 1% year-on-year to 3.2 billion RMB, in line with market expectations [1] - Retail gas sales increased by 1.9% year-on-year, with commercial and residential gas sales growing by 2.4% and 1.3% respectively, while the retail gas gross margin remained stable at 10.2% [1] - The total installed capacity and operational capacity of the company's diversified energy business reached 15 GW and 13.9 GW, representing year-on-year growth of 9.2% and 8.5% respectively [1] Group 2 - The company expects a slight recovery in heating demand in the second half of 2025, predicting a 2.2% year-on-year increase in retail gas volume for the entire year [2] - The gross margin for the retail gas segment is anticipated to be around 10%, with new residential connections expected to decline by 8% to 1.49 million households [2] - The company has adjusted its earnings forecast for 2025 and 2026 down by 0.1% and 1.8% respectively, with a compound annual growth rate of approximately 4% from 2024 to 2027 [2]