国能日新：第三季度扣非后归母净利润同比大增72.14%

Core Insights - The company, Guoneng Rixin, reported a significant increase in revenue and net profit for the first three quarters of 2025, with revenue reaching 499 million yuan, a year-on-year growth of 36.97%, and a net profit of 69.35 million yuan, up 59.97% [1] - The demand for the company's power prediction services has risen due to the rapid growth of new energy installations and the release of related requirements for distributed power stations [1] Financial Performance - For Q3 2025, the company achieved revenue of 179 million yuan, reflecting a year-on-year increase of 27.12%, while the net profit after deducting non-recurring items was 25.87 million yuan, marking a substantial growth of 72.14% [1] Market Demand and Growth Drivers - The market demand for new energy power prediction services is significantly boosted by the implementation of "four capabilities" requirements for newly built distributed commercial power stations across major provinces in the country [1] - The transformation of existing distributed power stations is contingent on the formal modification documents or notifications released by various provinces, which is expected to further drive the company's growth in service scale [1] R&D and Technological Advancements - The company emphasizes research and development, maintaining a high proportion of investment in R&D, and has developed the "Kuangming" new energy large model as a key focus area [2] - The release of the "Kuangming" new energy large model version 3.0 has significantly enhanced the company's capabilities in long-term trend analysis and extreme weather response in the new energy sector [2] Application and Economic Impact - The upgraded model improves the granularity of weather factor predictions, such as wind speed and solar irradiance, leading to enhanced accuracy in power predictions and extreme weather identification [2] - In the electricity trading sector, the integration of the "Kuangming" model with actual trading scenarios has resulted in significant improvements in electricity trading revenues for various business clients [2]