Hangzhou Cogeneration (SH:605011) Xin Lang Cai Jing·2025-11-24 01:40Core Viewpoint - Hangzhou Thermal Power experienced a decline of 4.99% on November 21, with a trading volume of 136 million yuan, indicating potential market volatility and investor sentiment concerns [1]. Financing Summary - On November 21, Hangzhou Thermal Power had a financing buy amount of 11.11 million yuan and a financing repayment of 12.40 million yuan, resulting in a net financing outflow of 1.30 million yuan [1]. - As of November 21, the total financing and securities lending balance for Hangzhou Thermal Power was 94.10 million yuan, with the financing balance of 93.81 million yuan accounting for 1.14% of the circulating market value, indicating a high level compared to the past year [1]. - The company had a securities lending repayment of 100 shares on November 21, with no shares sold, and a remaining securities lending amount of 14,300 shares valued at 294,300 yuan, which is below the 40th percentile level over the past year, indicating a low level of short selling activity [1]. Financial Performance Summary - As of September 30, the number of shareholders for Hangzhou Thermal Power increased by 5.34% to 28,900, while the average circulating shares per person decreased by 5.07% to 13,824 shares [2]. - For the period from January to September 2025, Hangzhou Thermal Power reported operating revenue of 2.31 billion yuan, a year-on-year decrease of 11.17%, and a net profit attributable to shareholders of 145 million yuan, down 14.14% year-on-year [2]. - Since its A-share listing, Hangzhou Thermal Power has distributed a total of 360 million yuan in dividends, with 216 million yuan distributed over the past three years [2]. Shareholding Structure Summary - As of September 30, 2025, the top ten circulating shareholders of Hangzhou Thermal Power included Southern CSI 1000 ETF (512100) as the fifth largest shareholder with 729,100 shares, a decrease of 9,100 shares from the previous period [2]. - Huaxia CSI 1000 ETF (159845) ranked as the seventh largest shareholder with 435,000 shares, an increase of 1,400 shares compared to the previous period [2]. - Hong Kong Central Clearing Limited entered as the eighth largest circulating shareholder with 369,100 shares [2].