CGN New Energy Reports 1.3% Decline in June 2025 Power Generation Amid Decreased Water Inflows and Technical Improvements

Reuters
2025/07/09
<a href="https://laohu8.com/S/CGEGF">CGN New</a> Energy Reports 1.3% Decline in June 2025 Power Generation Amid Decreased Water Inflows and Technical Improvements

CGN New Energy Holdings Co. Ltd. has released a trading update for June 2025, revealing a mixed performance in its power generation activities. The company experienced a year-on-year decrease in power generation due to several factors. Notably, its hydro project in Sichuan Province saw reduced water inflows, impacting output. Additionally, the gas-fired project in Hubei Province reported a decline in power dispatch load. Technical improvements at the Yulchon I gas-fired project in Korea also led to a moderate decrease in generation. Conversely, the company's solar projects demonstrated growth, with an increased capacity compared to June 2024, resulting in higher power generation. The equity transfer of the Nantong cogen project in Jiangsu Province was completed, meaning it will no longer contribute power output. The update is based on preliminary internal management information and is unaudited, serving as a reference for investors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CGN New Energy Holdings Co. Ltd. published the original content used to generate this news brief on July 09, 2025, and is solely responsible for the information contained therein.

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免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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