GGEP(SH:600236) Huan Qiu Wang·2025-11-06 03:46Core Insights - China Datang Corporation has been a pioneer in hydropower development, leveraging the "dual carbon" goals and the "West-East Power Transmission" strategy to enhance its operations and contribute to the construction of an energy powerhouse [1][8] - The company has achieved a hydropower installed capacity of 27.72 million kilowatts, accounting for over 6.3% of the national total, showcasing its significant role in high-quality hydropower development in major river basins [1][8] Hydropower Operations - The company has implemented a "regional centralized control + area operation and maintenance center" model, enabling coordinated operations across multiple power stations [2] - In the first three quarters of 2025, hydropower generation increased by 7.76% year-on-year, outperforming the national average growth rate by 4.86 percentage points [3] Technological Innovation - The Zala hydropower project has achieved a breakthrough with the successful pressure test of the first unit, marking a significant advancement in high-head, large-capacity hydropower technology [4] - The company has developed rapid construction techniques for roller-compacted concrete, elevating domestic standards from 100 meters to 200 meters in dam construction [4][5] Digital Transformation - China Datang is advancing digitalization in its hydropower plants, implementing smart scheduling systems and AI-driven operational controls to enhance efficiency and energy security [6] - The company has established a robust talent development framework, nurturing skilled professionals to support its hydropower initiatives [6] Environmental and Economic Impact - The company generates nearly 100 billion kilowatt-hours of clean electricity annually, contributing to a virtuous cycle of "power generation-ecology-industry-employment" [7] - The Tizi Kou water conservancy hub has delivered over 30 billion kilowatt-hours of clean electricity and contributed over 2.4 billion yuan in taxes since its inception [7] Transition to Multi-Energy Complementarity - China Datang is accelerating its transition from single hydropower to a multi-energy complementary model, with clean energy accounting for 90.6% of its portfolio [8] - The company has established 11 fish breeding stations and has successfully relocated rare plant species, demonstrating its commitment to ecological protection [8]