DELONG CO-ENERGY(SZ:000593) Xin Lang Cai Jing·2025-09-23 07:11Core Viewpoint - DeLong Huineng Group Co., Ltd. is focused on clean energy production and supply, primarily natural gas, and is exploring new energy directions such as hydrogen and photovoltaics [2][7]. Company Overview - DeLong Huineng was established on January 1, 1994, and listed on March 12, 1996. The company is headquartered in Chengdu, Sichuan Province [7]. - The main business segments include urban gas operations, LNG business, and distributed energy services, with gas supply accounting for 94.70% of total revenue [7]. - As of June 30, 2025, the company reported a revenue of 890 million yuan, a year-on-year increase of 4.49%, while net profit attributable to shareholders was 24.71 million yuan, a decrease of 20.25% [8]. Business Activities - The company engages in various activities including urban gas management and sales, gas pipeline construction and management, LNG production, CNG/LNG supply, and energy utilization project development [2][3]. - DeLong Huineng is actively promoting clean energy initiatives, particularly the "gas instead of coal" project, and plans to rename itself to reflect its commitment to low-carbon energy solutions [2]. Market Performance - On September 23, the stock price of DeLong Huineng fell by 2.47%, with a trading volume of 65.17 million yuan and a market capitalization of 2.267 billion yuan [1]. - The stock has seen a net outflow of 8.13 million yuan from major investors, indicating a reduction in holdings over the past two days [4][5]. Technical Analysis - The average trading cost of the stock is 6.38 yuan, with the current price near a support level of 6.29 yuan. A breach of this support could lead to further declines [6].