According to a research report released by JPMorgan on June 24th, higher-than-normal temperatures in northern China will benefit the growth of electrical utilities demand. Among various power generation companies, thermal power generation company still has room for utilization hours to increase. Therefore, Huaneng Lancang River Hydropower Inc. is the most bullish pick, and Nari Technology and XJ Electric Co.,Ltd. are also looking good, as the companies will benefit from the government's measures to promote more inter-provincial power transmission to improve power scheduling. From a fundamental perspective, hydroelectric companies such as CECEP Solar Energy are most bullish among power generation companies, followed by nuclear power companies like CGN Power, then thermal power generation companies like Huaneng, and finally wind and solar power plants. As summer approaches, thermal power generation plants will receive more positive catalysts.