Zhong Tong Finance APP learned that Citigroup released a research report stating that it is estimated that china power's hydroelectric power generation will further increase in the second half of the year, because the upstream reservoir storage is high, maintaining a "buy" rating, believing that profit growth can continue in the second half of the year. In the long run, through the injection of potential assets from the parent company, it is believed that wind power generation will further increase, and policies may provide more support for renewable energy, with a target price of HKD 4.3.

According to the report, China Power announced its earnings, and it is expected that the net profit for the first half of the year will be between RMB 2.68 billion to RMB 2.87 billion, a year-on-year increase of 45% to 55%, which is in line with the bank's expectations. The main reason for the profit growth is the significant increase in hydropower generation, contributions from newly acquired wind and solar power projects, and a 10% reduction in coal unit costs year-on-year.