HUADIAN POWER (01071) surged over 3% during morning trading. As of press time, the stock was up 2.99% to HK$4.48, with a turnover of HK$100 million.

On the news front, HUADIAN POWER released its interim results for the six months ended June 30, 2025, on August 28. The group achieved total operating revenue of RMB 59.953 billion, down 8.98% year-on-year. Net profit attributable to shareholders reached RMB 3.904 billion, up 13.15% year-on-year. Basic earnings per share stood at RMB 0.33, and the company proposed an interim dividend of RMB 0.09 per share (before tax).

During the reporting period, the decrease in operating revenue was primarily due to reduced power generation, declining electricity prices, and optimization of the coal trading business model.

Notably, HUADIAN POWER announced that its board of directors reviewed and approved a capital injection agreement with Huadian Jinsha River on August 28, 2025. Under the agreement, Huadian Jinsha River will increase its registered capital by RMB 5 billion, and the company has agreed to contribute RMB 600 million according to its 12% equity ratio. The capital injection agreement is expected to be signed by September 30, 2025, or earlier.

Upon completion of the capital injection, Huadian Jinsha River's registered capital will increase to RMB 15 billion, fully funded by existing shareholders according to their current equity proportions. The company will maintain its 12% stake in Huadian Jinsha River's expanded registered capital.