Gas Utilities

SGC released FY2025 Annual Earnings on January 9 After-Market (BJT), actual revenue CNY 29.8 B (forecast CNY 30.78 B), actual EPS CNY 0.43 (forecast CNY 0.504)

SGC released FY2025 Q4 earnings on January 9 After-Market (BJT), actual revenue CNY 7.267 B (forecast CNY 9.071 B), actual EPS CNY 0.1502

New Natural Gas Completes Rights Issue and Plans Compulsory General Offer

Huazheng Index Publishes ESG Rating Results for Vanke Public

SW Public Utilities Sector Dropped 4.33% This Week, NDRC Issued Notice on Coal Supply Contract Signing for 2026

China Resources Power Reports Strong Q3 Revenue and Profit Growth

Mass Public Utilities' Net Profit Soars 205.14% in First Three Quarters of 2025

DZUG released FY2025 9 Months Earnings on October 30 Pre-Market (BJT), actual revenue CNY 4.659 B, actual EPS CNY 0.1759

DZUG released FY2025 Q3 earnings on October 30 Pre-Market (BJT), actual revenue CNY 1.183 B, actual EPS CNY 0.0631

LTRQ released FY2025 Q3 earnings on October 30 Pre-Market (BJT), actual revenue CNY 792.06 M, actual EPS CNY 0.0784

LTRQ released FY2025 9 Months earnings on October 30 Pre-Market (BJT), actual revenue CNY 3.046 B, actual EPS CNY 0.3467

BESTSUN ENERGY released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 780.08 M, actual EPS CNY 0.0183

ENN-NG released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 29.88 B (forecast CNY 33.28 B), actual EPS CNY 0.3299 (forecast CNY 0.3748)

ENN-NG released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 95.89 B, actual EPS CNY 1.1083

CDGAS released FY2025 9 Months Earnings on October 30 Pre-Market (BJT), actual revenue CNY 3.777 B, actual EPS CNY 0.47

DELONG CO-ENERGY released FY2025 Q3 earnings on October 30 After-Market BJT, actual revenue CNY 409.75 M, actual EPS CNY 0.0001

CDGAS released FY2025 Q3 earnings on October 30 Pre-Market (BJT), actual revenue CNY 952.47 M, actual EPS CNY 0.159

BESTSUN ENERGY released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 3.688 B, actual EPS CNY 0.141

DELONG CO-ENERGY released FY2025 9 Months earnings on October 30 After-Market BJT, actual revenue CNY 1.299 B, actual EPS CNY 0.0731

CCRQ released FY2025 9 Months Earnings on October 29 Pre-Market (BJT), actual revenue CNY 1.409 B, actual EPS CNY -0.0962

< 1B

1B - 5B

5B - 10B

10B - 50B

50B - 100B

100B - 500B

500B - 1T

≥ 1T

Market Value

Total Assets

< 100M

100M - 500M

500M - 1B

≥ 100B

Revenue

0 - 50M

50M - 100M

≥ 10B

Profits

< 0%

0% - 5%

5% - 10%

10 - 15%

15% - 20%

20 - 25%

25% - 30%

>= 30%

ROE(TTM)

= 0%

0% - 1%

1% - 3%

3% - 5%

5% - 8%

8% - 10%

>= 10%

Dividend Yield

0% - 10%

10% - 15%

20% - 30%

30% - 40%

40% - 50%

>= 50%

Net Profit Margin

0 - 0.05

0.05 - 0.1

0.1 - 0.2

0.2 - 0.4

0.4 - 0.6

0.6 - 0.8

0.8 - 1

>= 1

Asset Turnover

< 1.5

1.5 - 2

2 - 3

3 - 5

5 - 10

10 - 15

15 - 20

>= 20

Equity Multiplier

< 10%

10% - 30%

30% - 50%

50% - 70%

70 - 80%

80% - 90%

90% - 95%

>= 95%

Debt Ratio

001331

SENTON ENERGY announced that the company's stock price increased by 307.05% from December 12, 2025, to January 8, 2026, but has significantly deviated from its fundamentals, posing a risk of a rapid decline. The company's main business is the procurement, transportation, and sales of liquefied natural gas, and it does not involve any robotics-related business. The funding source for the acquirer, Qiteng Robotics, is from its own and self-raised funds, and the application for self-raised funds is still under approval, which carries uncertainty

36Kr

SENTON ENERGY

SENTON ENERGY: Not involved in robotics-related business

Senton Energy's share trade to resume from January 6

marketscreener

Senton Energy's share trade to resume from January 6

SENTON ENERGY: Suspension review completed, stock resumes trading

Wallstreetcn

600681

Bestsun Energy Co Ltd :SAYS SHAREHOLDER PLANS TO UNLOAD UP TO 3% STAKE IN CO

Reuters

BESTSUN ENERGY

Bestsun Energy's Shareholder To Unload Up To 3% Stake

SENTON ENERGY: Abnormal stock price increase, stock suspension for investigation

SENTON ENERGY announced that its stock has hit the daily limit up for 9 consecutive trading days, with a cumulative increase of 135.86%, and has experienced abnormal fluctuations. The company stated that if the stock price continues to rise in the future, it may apply for a trading suspension for verification, reminding investors of trading risks

SENTON ENERGY: If the stock price rises further in the future, it may apply to the Shenzhen Stock Exchange for a trading suspension and verification

600803

ENN-NG

The "A Chihong" model reappears: ENN-NG plans to sprint for Hong Kong stocks through "privatization + introduction listing"

600635

01635

DZUG (1635.HK) is currently at a critical consolidation point after yesterday's close, with the stock price testing the support of the defensive range. The daily K chart shows that DZUG has recently been consolidating with reduced volume, and the short-term moving averages of 5 days, 10 days, and 20 days are gradually converging. The K-line is fluctuating narrowly in a horizontal manner, and the MACD continues to hover near the zero axis, reflecting an intensifying divergence between bulls and bears. From a funding perspective, the net outflow of large orders from the main players is slowing down, with existing funds primarily engaged in short-term speculation. The intraday trend also repeatedly revolves around key price levels, indicating a noticeable wait-and-see sentiment among large funds. 

Fundamentally, the public utility industry where DZUG operates benefits from stable cash flow and policy support. Recent policy catalysts and marginal benefits from electricity price adjustments have attracted some defensive funds, but there is an overall lack of a strong mainline logic for significant upward movement. At this stage, DZUG needs to pay attention to the support strength of the long-term moving averages (such as the 30-day and 60-day moving averages) and the volume performance of intraday transactions. If there is a volume breakout above the pressure zone after consolidation, or if there is an influx of funds combined with external positive factors, the short-term outlook may be strong. However, if the volume continues to decrease and market rotation remains weak, the defensive zone may face a breakdown risk, and position sizes should be strictly controlled. Short-term operations should be flexibly adjusted based on changes in volume and intraday transactions, with a strategy to maintain positions within the defensive zone being advisable

Technical Forecast

DZUG

Early Morning Trend | DZUG consolidates at the critical point, is the defensive range about to open direction?

On November 24th, the Hong Kong stock market rose overall, with all three major indices increasing, led by a rebound in the technology sector. Kuaishou saw significant gains, boosting the popularity of tech stocks. Trading activity surged, with funds repeatedly circulating around leading internet companies and hot stocks. Adjustments in some individual stocks triggered structural differentiation, while improvements in consumption and import-export data provided macro support for the market

- On November 24, Hong Kong's three major indices rose, with the Hang Seng Index up 1.97% to 25,716.50 points.  
- The technology sector led the gains, highlighted by Kuaishou's 7.11% increase, while semiconductor stocks showed mixed results, indicating a focus on high-growth companies.  
- Macroeconomic indicators, including a slight drop in the unemployment rate to 3.8% and stable retail and manufacturing data, contributed to improved market sentiment and investor confidence.

Market Heartbeat

Hang Seng TECH Index

KUAISHOU-W

BABA-W

TENCENT

SMIC

HUA HONG SEMI

GANFENGLITHIUM

MEITUAN

XIAOMI-W

GUOFUHEE

JINGRUI HLDGS

COMEC

Hong Kong stocks close | Hang Seng TECH Index rises 2.78%, Kuaishou surges 7.11% leading the sector, Ganfeng Lithium falls 5.66% against the trend

002240

600601

In the morning, the main funds had a net inflow into sectors such as banking, non-ferrous metals, and basic chemicals, while there was a net outflow from sectors like telecommunications, electronics, and power equipment. Specifically, in terms of individual stocks, DZUG, Chengxin Lithium, and FOUNDERTECH saw net inflows of 1.349 billion yuan, 1.249 billion yuan, and 1.172 billion yuan, respectively. On the outflow side, CATL, Zhongji Xuchuang, and Xinyi Technology were sold off for 1.911 billion yuan, 1.606 billion yuan, and 1.113 billion yuan, respectively. (First Financial)

Chengxin Lithium

FOUNDERTECH

In the first half of the day, main funds increased their positions in bank stocks and sold off telecommunications stocks

000407

600829

36Kr learned that the three major A-share indices opened lower collectively, with the Shanghai Composite Index down 0.05%, the Shenzhen Component Index down 0.07%, and the ChiNext Index down 0.13%; the gas, trade, and real estate sectors saw the largest declines, with HRPC hitting the limit down, SDSL dropping over 7%, and Huaxia Happiness falling over 6%; the office supplies, precious metals, and shipping sectors led the gains, with Qixin Group hitting the limit up, China Merchants Energy rising over 2%, and Hunan Gold increasing over 1%

SDSL

HRPC

The three major A-share indices opened lower collectively, with SDSL falling over 7%

002925

600797

600167

300250

Mole Thread concept stocks surged, LMH hit the limit up, ChiNese ChuRinga, Heertai, DZUG, Intretech, INSIGMA and others had the largest gains

Intretech

INSIGMA

ChiNese ChuRinga

600333

000955

601011

36Kr learned that the three major A-share indices opened significantly lower, with the Shanghai Composite Index down 0.56%, the Shenzhen Component Index down 1.14%, and the ChiNext Index down 1.74%; the computer hardware, semiconductor, and precious metals sectors led the decline, with Jiangbolong down over 8%, Zhaoyi Innovation down over 5%, Shengda Resources down over 3%, and Cambrian down over 2%; the gas, coal, and textile and apparel sectors strengthened, with CCRQ up over 4%, BNMC up over 3%, and Xinlong up over 2%

CCRQ

Xinlong

BNMC

The three major A-share indices opened significantly lower, with the semiconductor sector leading the decline

Gas Utilities(IN40208.SH)

SENTON ENERGY: Not involved in robotics-related business

Senton Energy's share trade to resume from January 6

SENTON ENERGY: Suspension review completed, stock resumes trading

Bestsun Energy's Shareholder To Unload Up To 3% Stake

SENTON ENERGY: Abnormal stock price increase, stock suspension for investigation