Hangzhou Cogeneration (SH:605011) Xin Lang Cai Jing·2025-10-10 01:28Core Viewpoint - Hangzhou Thermal Power's stock increased by 1.07% on October 9, with a trading volume of 72.39 million yuan, indicating positive market sentiment towards the company [1]. Financing Summary - On October 9, Hangzhou Thermal Power had a financing buy-in amount of 9.41 million yuan and a financing repayment of 7.09 million yuan, resulting in a net financing buy of 2.31 million yuan [1]. - As of October 9, the total financing and securities lending balance for Hangzhou Thermal Power was 80.53 million yuan, with the financing balance of 80.16 million yuan accounting for 0.92% of the circulating market value, which is above the 60th percentile level over the past year [1]. - The company had no shares repaid in securities lending on October 9, with 400 shares sold, amounting to 8,716 yuan at the closing price, and a securities lending balance of 366,100 yuan, exceeding the 80th percentile level over the past year [1]. Business Performance - As of June 30, the number of shareholders for Hangzhou Thermal Power was 27,500, a decrease of 7.49% from the previous period, while the average circulating shares per person increased by 8.09% to 14,562 shares [2]. - For the first half of 2025, Hangzhou Thermal Power reported operating revenue of 1.515 billion yuan, a year-on-year decrease of 9.69%, and a net profit attributable to shareholders of 110 million yuan, down 5.52% year-on-year [2]. - Since its A-share listing, Hangzhou Thermal Power has distributed a total of 336 million yuan in dividends, with 192 million yuan distributed over the past three years [2]. Shareholding Structure - As of June 30, 2025, among the top ten circulating shareholders of Hangzhou Thermal Power, the Southern CSI 1000 ETF (512100) was the eighth largest shareholder with 738,200 shares, marking a new entry, while the Huaxia CSI 1000 ETF (159845) was the ninth largest with 433,600 shares, also a new entry [2]. - Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [2].