DATANG POWER's (00991) A-shares saw their consecutive limit-up streak come to an end, while its H-shares tumbled nearly 14% in the afternoon session. As of press time, the stock had fallen 13.96% to HKD 3.02, with a turnover of HKD 1.479 billion.

On the news front, it was reported that on May 2, DATANG POWER's "Zhongwei Cloud Base Computing-Power Synergy Green Power Direct Supply Project" officially commenced operations. This project is the first large-scale computing-power synergy green power direct supply initiative in the country, with a total capacity of 2 million kilowatts, comprising 500,000 kilowatts of photovoltaic power generation and 1.5 million kilowatts of wind power generation.

However, on May 13, DATANG POWER issued a stock trading risk warning, stating that as of now, the company has no computing-power synergy projects that have been put into operation.

DATANG POWER's first-quarter performance showed revenue of RMB 30.271 billion, a year-on-year increase of 0.22%, and net profit attributable to shareholders of RMB 2.893 billion, a year-on-year rise of 29.26.

Analysts noted that against the backdrop of a general decline in nationwide market-based electricity trading prices, the company's revenue remained stable, and its profit exceeded expectations, primarily benefiting from lower fuel costs and strong electricity demand resilience.