Zheng Quan Ri Bao Zhi Sheng·2025-09-10 16:41Core Insights - Multiple A-share renewable energy companies have recently announced receiving substantial renewable energy subsidy funds, totaling over 6 billion yuan in August alone, with cumulative subsidies for the year reaching 1.5 to 3.5 times last year's total [1][2] Group 1: Subsidy Amounts and Growth - In August, Jilin Electric Power Co., Ltd. received 9.13 billion yuan in renewable energy subsidies, with a total of 12.71 billion yuan for the first eight months of the year, reflecting a year-on-year increase of 154.2% [1] - Jiangsu Linyang Energy Co., Ltd. reported receiving 2.03 billion yuan in August, with a total of 3.06 billion yuan for the first eight months, marking a year-on-year growth of 210.10% [1] - China Energy Conservation Solar Co., Ltd. received 16.92 billion yuan in August, with a total of 23.19 billion yuan for the first eight months, showing a year-on-year increase of 232.23% [2] - Jinkai New Energy Co., Ltd. received 9.39 billion yuan in August, with a total of 12.14 billion yuan for the first eight months, indicating a year-on-year growth of 341.67% [2] Group 2: Impact on Companies - The influx of subsidy funds is expected to improve cash flow for renewable energy projects, enhancing operational stability for companies [2][3] - Despite the significant subsidy amounts, the impact on current profits is limited as these subsidies are recognized as revenue upon electricity sales [2] - The renewable energy sector is characterized by high asset-liability ratios and ongoing investment in technology and equipment, making the timely receipt of subsidy funds crucial for alleviating financial pressure [3]