Group 1: Policy Impact - The National Development and Reform Commission and the National Energy Administration have established a new independent capacity pricing mechanism for energy storage at the national level, aimed at enhancing the power system's regulation capability [1] - The policy provides capacity fee compensation for qualifying new energy storage plants based on local coal power capacity pricing, creating a clearer profit model for the industry [1] Group 2: Financial Performance - The company expects a pre-tax profit of 700 million to 710 million yuan for the fiscal year 2025, representing an increase from 655 million yuan in 2024 [2] - The improvement in performance is attributed to optimized gross profit margins in engineering operations and reduced financial expenses, indicating ongoing operational efficiency enhancements [2] Group 3: Stock Performance - The company's stock has shown active performance, with a closing price of 1.27 HKD as of February 11, 2026, reflecting an 18.69% increase over the past five trading days [3] - Technical indicators suggest strong short-term momentum, with the MACD histogram turning positive and the stock price breaking through the upper Bollinger Band [3] Group 4: Institutional Insights - Huafu Securities highlighted the company's strong operational asset quality, with desulfurization and denitrification installed capacity reaching 47.61 GW and 40.60 GW, respectively [4] - The company is actively investing in CCUS technology research and has developed a significant piece of equipment recognized in the energy sector, showcasing its technological strength [4]
大唐环境受益储能政策与业绩预增，股价近期表现活跃