粤电力A：汇率波动可一定程度影响公司进口燃料采购成本

Core Viewpoint - The company, Guangdong Electric Power A, indicated that exchange rate fluctuations can impact the cost of imported fuel, but the improvement in operating performance in Q4 2025 is primarily attributed to an 8% year-on-year increase in electricity generation, a decrease in fuel prices, optimized electricity market trading strategies, and effective cost control measures [2]. Group 1 - The company reported an 8% year-on-year increase in electricity generation [2] - Fuel prices have decreased year-on-year, contributing to improved performance [2] - The company has optimized its electricity market trading strategies [2] - Effective cost control measures have been implemented by the company [2]