TGWC(SH:600116) Shang Hai Zheng Quan Bao·2025-10-13 18:33Group 1: Power Generation and Sales Performance - In Q3 2025, the company's hydropower stations generated 825.67 million kWh, a year-on-year increase of 27.50%, and the grid-connected power reached 817.38 million kWh, up 27.55% year-on-year [2] - As of September 30, 2025, the cumulative power generation was 1.80398 billion kWh, a decrease of 5.98% year-on-year, with the Chongqing region contributing 1.77836 billion kWh, down 5.83% [2] - The average grid-connected power price for other power stations was 0.2833 yuan per kWh (excluding tax) [2] Group 2: Legal Proceedings - The company’s subsidiary, Guizhou Wuling Mining Co., is involved in a construction contract dispute with Hunan Lianshao Construction Engineering Group, which has been accepted by the court but has not yet been heard [7] - The amount in dispute includes principal and interest totaling 37.3401 million yuan as of July 18, 2025 [8] - The impact of this lawsuit on the company's financial performance cannot be determined until the court's decision is made [15] Group 3: Guarantee Plan Progress - No new guarantees were added in September 2025 under the company's annual guarantee plan [18] - The total guarantee amount as of September 30, 2025, was 323.20913 million yuan, accounting for 29.30% of the company's audited net assets attributable to shareholders [19][24] - The company has provided a guarantee of 3.15 million yuan for its subsidiary, Chongqing Keerke New Materials Co., which is not considered a related party guarantee [18][23]