新天绿能发布2026年1月经营数据，发电量同比增15.25%

Core Insights - The company, New Tian Green Energy (600956.SH), has shown positive operational growth in early 2026, with significant increases in both power generation and gas sales compared to the previous year [2][3]. Operational Performance - In January 2026, the company reported a power generation of 1.7393 million MWh, reflecting a year-on-year increase of 15.25%. Gas sales reached 723 million cubic meters, up 6.80%, with sales volume increasing by 8.49% [2]. - For the fourth quarter of 2025, power generation and grid-connected electricity both increased by 3.66% year-on-year. However, the average grid-connected electricity price (excluding tax) decreased by 4.52%, while the proportion of market-based trading electricity rose to 66.16% [3]. Institutional Engagement - From December 3 to December 24, 2025, the company hosted 21 institutional investors, including Ruiyuan Fund and Taibao Asset, to discuss the financial data for the third quarter of 2025 and operational updates from November. The findings from this engagement were disclosed on January 9, 2026 [4]. Project Development - The second phase of the Tangshan LNG project is expected to be completed by the end of 2025, with future attention needed on its production and operational effectiveness [5].