Ge Long Hui·2026-01-30 11:40Core Viewpoint - The company, Datang Power (601991.SH), reported an increase in total electricity generation and installed capacity for the year ending December 31, 2025, driven by rising electricity demand and expansion in renewable energy capacity [1] Group 1: Electricity Generation - As of December 31, 2025, the company and its subsidiaries achieved a cumulative electricity generation of approximately 273.1092 billion kilowatt-hours, representing a year-on-year increase of about 1.41% [1] - The increase in electricity generation is attributed to steady growth in overall electricity demand, expansion of the company's renewable energy capacity, and improved hydropower output compared to the previous year [1] Group 2: Average Electricity Price - The average on-grid electricity price for the company as of December 31, 2025, was approximately RMB 434.82 per megawatt-hour (including tax), reflecting a year-on-year decrease of about 3.68% [1] Group 3: Market Transactions - In 2025, the company's market-oriented electricity trading volume was approximately 235.776 billion kilowatt-hours, accounting for about 86.33% of total electricity generation [1] Group 4: Installed Capacity - As of December 31, 2025, the company's total installed capacity reached 86,192.081 megawatts, comprising 49,134 megawatts of coal-fired power, 9,479.38 megawatts of gas-fired power, 9,204.73 megawatts of hydropower, 11,196.89 megawatts of wind power, and 7,177.081 megawatts of solar power [1] - The company added a total of 7,125.854 megawatts of new installed capacity in 2025, including 1,960 megawatts of coal-fired power, 2,846.58 megawatts of gas-fired power, 1,138.2 megawatts of wind power, and 1,181.074 megawatts of solar power [1]