Gelonghui, July 15 | Changjiang Securities Research Report pointed out that China Electric Power (2380.HK)'s performance recovery in the first half of the year accelerated, driven by high hydropower generation combined with the injection of assets. The company expects to achieve profits attributable to equity holders of 2.68 billion yuan to 2.87 billion yuan in the first half of the year, an increase of 45% to 55% over the previous year. Overall, improvements in incoming water led to a significant restoration of hydropower and electricity. Combined with the increase in performance brought about by the injection of new energy assets, the company's clean energy sector performed excellently. As the world's largest clean energy power generation group, in the context of the State Assets Administration Commission encouraging mergers, acquisitions and restructuring of central enterprises, the Group's asset securitization is expected to accelerate in the future, and it continues to be optimistic about the value increase and investment opportunities brought about by the rapid growth of the company's new energy business during the “14th Five-Year Plan” period. Maintain the company's “buy” rating.