"A-Share Focus" Power stocks perform actively, LEP hits the upper limit

Power stocks performed actively, with LEP and Mindong Electric Power hitting the daily limit, Huayin Power rising by 6.3%, and Star Power increasing by 5.5%. The investment by State Grid continues to increase, with the procurement amount for the 74th batch in 2025 exceeding 3 billion yuan, and fixed asset investment from January to September exceeding 420 billion yuan, a year-on-year increase of 8.1%. Microsoft and OpenAI's CEO pointed out that the artificial intelligence industry is facing power shortages and called for an expansion of energy capacity

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

LEP: The net profit for the third quarter was 64.9289 million yuan, a year-on-year increase of 9.46%

LEP announced that its revenue for the third quarter was 776 million yuan, a year-on-year increase of 6.18%; net profit was 64.9289 million yuan, a year-on-year increase of 9.46%. Revenue for the first three quarters was 2.399 billion yuan, a year-on-year increase of 3.27%; net profit was 72.832 million yuan, a year-on-year increase of 6.22%

LEP: Shareholders holding more than 5% reduced their holdings in the company by 0.8590%

LEP announced that Tianjin Bohai Information Industry Structural Adjustment Equity Investment Fund Co., Ltd., a shareholder holding more than 5%, will reduce its holdings by 4.9678 million shares through centralized bidding from October 20 to 23, 2025, accounting for 0.8590% of the total share capital. After the reduction, the shareholder's holding ratio will decrease to 6.34%. This reduction does not violate any commitments and does not trigger mandatory takeover obligations, having no significant impact on the company's governance and operations

LEP: Net profit of 7.9031 million yuan in the first half of 2025, a year-on-year decrease of 14.55%

LEP announced that in the first half of 2025, the operating revenue was 1.623 billion yuan, a year-on-year increase of 1.94%. The net profit was 7.9031 million yuan, a year-on-year decrease of 14.55%. The company will not distribute profits or convert capital reserves into additional shares for the first half of 2025