Electric Utilities

TGWC

TGWC released FY2025 Q4 earnings on April 22 (BJT) with actual revenue of CNY 2.562 B and EPS of CNY 0.0491

TGWC released FY2025 earnings on April 22 (BJT), actual revenue CNY 10.17 B (forecast CNY 12.98 B), actual EPS CNY 0.23 (forecast CNY 0.15)

TGWC released FY2026 Q1 earnings on April 22 After-Market (BJT), actual revenue CNY 2.589 B, actual EPS CNY 0.02

TGWC to Release FY2026 Q1 Earnings on April 23 After-Market (BJT)

TGWC to Release FY2025 Earnings on April 23, 2026 (BJT), Forecast Revenue CNY 12.98 B, EPS CNY 0.15

TGWC released FY2025 Q3 earnings on October 27 After-Market (BJT), actual revenue CNY 2.714 B, actual EPS CNY 0.1143

TGWC released FY2025 9 Months Earnings on October 27 After-Market (BJT), actual revenue CNY 7.611 B, actual EPS CNY 0.1629

TGWC FY2025 Q3 Earnings Release Scheduled for October 28 After-Market BJT

TGWC released FY2025 Semi-Annual earnings on August 21 After-Market (BJT), actual revenue CNY 4.896B, actual EPS CNY 0.03

TGWC released FY2025 Q2 earnings on August 21 After-Market (BJT), actual revenue CNY 2.625 B, actual EPS CNY 0.0506

TGWC FY2025 Semi-Annual Earnings Release on August 22, 2025, BJT

Sanxia Hydropower Announces 2025 Semi-annual Earnings Forecast

Three Gorges Water Conservancy Pays Additional Corporate Income Tax and Penalties Affecting 2025 Net Profit

Southwest Securities Gives Buy Rating to Sanxia Water Conservancy

Sanxia Water Resources Responds to Mn Business Operations and Power Reform Issues

State Council Approves Nuclear Reactor Projects, Public Utilities ETF Seeks Three Consecutive Gains

Sanxia Water Conservancy's 2024 Revenue and Profit Decline and Dividend Plan

Sanxia Water Conservancy Inc. reports a Q1 2025 net loss of 432.75 million yuan

TGWC released FY2025 Q1 earnings on April 24 Pre-Market (BJT), actual revenue CNY 2.271 B, actual EPS CNY -0.002

TGWC released FY2024 Annual Earnings on April 24 After-Market (BJT), Actual Revenue CNY 10.32 B (Forecast CNY 11.16 B), Actual EPS CNY 0.16 (Forecast CNY 0.32)

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Recently, the equity auction results of Ancheng Property Insurance and Three Gorges Life Insurance have attracted attention. Ancheng's equity auction on the Alibaba asset platform ended without a buyer, while Three Gorges Life's equity will be re-auctioned at a lower price on February 27. Industry insiders pointed out that the capital market's selection criteria for insurance company equity have shifted from focusing on the scarcity of licenses to emphasizing sustainable profitability, driving equity valuations back to rationality

Wallstreetcn

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

E Fund CSI 300 Financials (ex Banks) ETF

ChinaAMC SSE Financials Sector ETF Initiating Fund

Securities Daily: From "rushing for licenses" to "focusing on profitability," the equity valuation of insurance companies returns to rationality

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Yichang Three Gorges Media Center has premiered the documentary series "Explore the Three Gorges," highlighting the ecological significance and biodiversity of the Yangtze River region. The series showcases protected reserves, including the Hubei Dalaoling and Badong Rhinopithecus roxellanae National Nature Reserves, emphasizing local conservation efforts and the integration of communities in protecting the river. It reflects a shift towards coexistence between humans and nature, utilizing technology and community involvement in ecological stewardship. The documentary serves as a model for ecological conservation practices globally.

Newsfile Corp.

CTGR

CYPC

GF China Security Environmental Protection Industry ETF

Yichang Three Gorges Media Center Announces Premiere of "Explore the Three Gorges" Documentary Series

According to the Zhitong Finance APP, TGWC disclosed its third-quarter report for 2025. The company achieved revenue of 7.611 billion yuan in the first three quarters, a year-on-year decrease of 6.06%; net profit attributable to shareholders was 351 million yuan, a year-on-year decrease of 8.53%; net profit excluding non-recurring gains and losses was 320 million yuan, a year-on-year decrease of 7.87%; basic earnings per share were 0.18 yuan

Zhitong

TGWC released its performance for the first three quarters, with a net profit attributable to shareholders of 351 million yuan, a year-on-year decrease of 8.53%

On October 27th, TGWC released its third-quarter report for 2025, with third-quarter revenue of 2.714 billion yuan, a year-on-year decrease of 5.99%; net profit was 303 million yuan, a year-on-year increase of 96.26%. The net profit for the first three quarters was 351 million yuan, a year-on-year decrease of 8.53%. The increase in net profit in the third quarter was mainly due to favorable water inflow in the river basin where the company's power stations are located during the reporting period, allowing the company to fully utilize the power generation efficiency of the units, resulting in a year-on-year increase in self-generated hydropower

TGWC: Net profit in the third quarter was 303 million yuan, a year-on-year increase of 96.26%

On October 13th, TGWC announced that its wholly-owned and holding companies' hydropower stations completed a power generation of 1.80398 billion kilowatt-hours in the first three quarters, a year-on-year decrease of 5.98%; completed on-grid electricity of 1.78421 billion kilowatt-hours, a year-on-year decrease of 5.96%; sold electricity of 10.80662 billion kilowatt-hours, a year-on-year increase of 1.08%; and the average selling price of electricity was 0.4862 yuan/kilowatt-hour. The year-on-year decline in the company's power generation is mainly due to the low water inflow in the river basin where its hydropower stations are located

TGWC: The company's power generation in the first three quarters decreased by 5.98% year-on-year

TGWC announced that the Chongqing Fuling Baitao Chemical Park cogeneration project has successfully completed 168 hours of trial operation. The project complies with national industrial policies and energy-saving requirements, has low-carbon energy advantages, enhances the company's power generation level and power supply guarantee capability, and helps the company focus on its main business, consolidate its development foundation, and support its strategic goals

TGWC: The cogeneration project at the Bai Tao Chemical Park in Fuling, Chongqing has successfully completed 168 hours of trial operation

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On September 10th, TGWC announced that the company plans to absorb and merge its wholly-owned subsidiary Chongqing Changdian United Energy Co., Ltd. After the absorption and merger is completed, the legal status of United Energy will be canceled in accordance with the law, and all its assets, debts, and business will be legally inherited by the company. This matter has been approved by the 32nd meeting of the 10th Board of Directors of the company and will be submitted to the company's shareholders' meeting for review. United Energy is a wholly-owned subsidiary of the company, and its financial statements have been included in the company's consolidated financial statements. This absorption and merger will not have a substantial impact on the company's financial condition and operating results

UNITEDENERGY GP

TGWC: Plans to absorb and merge its wholly-owned subsidiary UNITEDENERGY GP

TGWC announced that its operating revenue for the first half of 2025 was 4.896 billion yuan, a year-on-year decrease of 6.10%; net profit was 47.9328 million yuan, a year-on-year decrease of 79.07%

TGWC: Net profit of 47.9328 million yuan in the first half of 2025, a year-on-year decrease of 79.07%

TGWC announced that its wholly-owned subsidiary Longxing Electric Power intends to publicly list and transfer its 41.0071% equity stake in Tiantai Energy, with a minimum price of no less than 641 million yuan, representing an appreciation rate of 123.60%. After the transfer, Longxing Electric Power will no longer hold any equity in Tiantai Energy. This transaction has not yet determined a counterparty, does not constitute a related party transaction, and is not considered a major asset restructuring

TGWC: Plans to publicly list and transfer all shares of its affiliated company, Tiantai Energy

TGWC announced that the company has conducted a self-examination and found that its wholly-owned subsidiaries, Baitao Electric Power Company and Zhengyang Power Supply Company, need to pay a total of 46.9852 million yuan in overdue corporate income tax benefits and late fees for the period from 2021 to 2023. Among them, Baitao Electric Power Company needs to pay 38.4078 million yuan, and Zhengyang Power Supply Company needs to pay 8.5774 million yuan. The tax and late fees have now been fully paid, and it is expected to reduce the net profit attributable to shareholders of the listed company by 46.9852 million yuan in 2025

TGWC: Wholly-owned subsidiary pays back taxes of 46.9852 million yuan

TGWC(600116.SH)