A-share power stocks experienced unusual surges, with MEP hitting the daily limit, Hengsheng Energy rising over 7%, and JZ GROUP, LEP, YN Holdings, and LFD also following suit

"A-Share Focus" Power grid stocks surge with limit-up in early trading, overseas demand for power equipment rises

Power grid stocks performed strongly at the opening of the Shanghai and Shenzhen markets, with multiple stocks hitting the daily limit. CEEPOWER, San Bian Sci-Tech, JSSMDL, and MEP all reached the daily limit, while XINTIAN TECHNOLOGY rose by more than 14%. Microsoft CEO Satya Nadella mentioned that the current AI industry is facing a power shortage issue. A research report from Huazhang Securities shows that from January to August 2025, the total export value of transformers increased by 38% year-on-year, and overseas demand for power equipment continues to improve

The hydropower sector surged sharply, and MEI YAN hit the daily limit

The hydropower sector surged sharply, with MEI YAN hitting the daily limit, while HHP, MEP, SCTE, SDIC Power, and CYPC all rose significantly

MEP: Provincial Investment Group's reduction plan has expired, with a cumulative reduction of 0.7446% of shares

Fujian MEP Co., Ltd. announced that the shareholding reduction plan of its shareholder, Fujian Investment Development Group Co., Ltd., which holds more than 5% of the shares, has expired. In the reduction plan disclosed on June 9, 2025, the Provincial Investment Group planned to reduce its holdings by no more than 4,579,514 shares within 3 months, and actually reduced its holdings by 3,410,000 shares, accounting for 0.7446% of the total share capital, with an average reduction price of 11.22 yuan/share, reducing its shareholding ratio from 6.58% to 5.83%. This reduction complies with regulations and has not affected the company's control and ongoing operations

MEP: In the first half of the year, the net profit attributable to the parent company was 71.1882 million yuan, a year-on-year increase of 32.96%

On August 28th, MEP disclosed its semi-annual report, stating that the company achieved an operating income of 288 million yuan in the first half of the year, a year-on-year increase of 4.48%; the net profit attributable to shareholders of the listed company was 71.1882 million yuan, a year-on-year increase of 32.96%; the basic earnings per share were 0.16 yuan/share