Shuangliang Eco-Energy(SH:600481) Sou Hu Cai Jing·2026-01-19 16:25Core Viewpoint - The company, Shuangliang Energy (600481), has shown a significant increase in stock price and is actively engaging in strategic business decisions, including futures hedging and securing new contracts, which may impact its financial performance positively. Trading Information Summary - As of January 19, 2026, Shuangliang Energy's stock closed at 7.58 yuan, up 6.76%, with a turnover rate of 11.09% and a trading volume of 2.0775 million shares, amounting to a total transaction value of 1.591 billion yuan [1]. - On the same day, the net inflow of main funds was 170 million yuan, accounting for 10.71% of the total transaction value, while retail investors experienced a net outflow of 40.31 million yuan, representing 2.53% of the total [1][3]. Company Announcements Summary - Shuangliang Energy held its first temporary board meeting of 2026 on January 19, where it approved the proposal to engage in futures hedging and to convene the first temporary shareholders' meeting of 2026 [1][2]. - The company plans to hold the first temporary shareholders' meeting on February 5, 2026, to discuss the futures hedging proposal, with a record date of January 28, 2026 [1][2]. Contract Award Summary - Shuangliang Energy has received a bid notification for the Ningxia Electric Power Shizuishan 2×660MW ultra-supercritical thermal power project, with a bid amount of 235.68 million yuan, which represents 1.81% of the company's audited revenue for 2024 [2][3]. - The project is a joint effort with China Construction Research Institute and China Chemical Engineering Third Construction Co., Ltd., although a formal contract has yet to be signed, leaving some uncertainty regarding contract terms and revenue distribution [2]. Futures Hedging Business Summary - The company intends to engage in futures hedging for commodities related to its production, including copper, aluminum, hot-rolled coil, rebar, lithium carbonate, and polysilicon, with a maximum margin investment of 300 million yuan sourced from its own funds [2][4]. - The trading period for this hedging activity is set for 12 months following the approval from the shareholders' meeting, and the company has established risk control measures to avoid speculative trading [2][4].