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

JZ GROUP won the bid for the procurement project of core electrical equipment for Baogang Qinghua

According to JZ GROUP, recently, JZ GROUP won the bid for the core electrical equipment procurement project of Inner Mongolia Baogang Qinghua Coal Chemical Co., Ltd. JZ GROUP will supply core electrical equipment including high and low voltage electrical complete products, busbars, and high-efficiency transformers

JZ GROUP: Shareholders plan to reduce their holdings by no more than 1.88% of shares

JZ GROUP announced that the actual controller Li Yin and the concerted actor Zhao Xiaohong plan to collectively reduce their holdings by no more than 1.88%, specifically by reducing no more than 6 million shares each (accounting for 0.94% each). The reduction methods include centralized bidding and block trading, with the reason being to repay stock pledge debts and ensure the stability of the company's equity structure and shareholder rights. The reduction period is within 3 months after the announcement is disclosed, within 15 trading days

JZ GROUP released its performance for the first three quarters, with a net profit attributable to the parent company of 43.1173 million yuan, a decrease of 41.09%

JZ GROUP released its third-quarter report for 2025, with operating revenue for the first three quarters at 947 million yuan, a year-on-year decrease of 2.75%. The net profit attributable to the parent company was 43.1173 million yuan, a year-on-year decline of 41.09%. The net profit after deducting non-recurring gains and losses was 48.0127 million yuan, a year-on-year increase of 170.88%. The basic earnings per share were 0.0706 yuan

JZ GROUP wins the bid for four major energy storage projects in Uzbekistan, deepening its layout in the Central Asian energy market

Recently, Harbin JZ GROUP Co., Ltd. successfully won the bid for the procurement section of the AC and DC power supply systems for four major energy storage projects in Uzbekistan, marking an enhancement in the company's participation and influence in the Central Asian energy market. These energy storage projects are important measures for Uzbekistan to optimize its energy structure and ensure grid stability, and they are key projects in the promotion of Uzbekistan's renewable energy strategy, with a total scale of 400MW/800MWh, distributed in areas with high population density and significant electricity load, such as Andijan, Namangan, and Tashkent