Sichuan Guangan AAA Public (SHA:600979) expects this year's new profit attributable to shareholders to drop by 39.4 million yuan after the implementation of the new off-peak pricing policy in China's Sichuan Province, according to a Shanghai bourse filing on Monday.

The new policy's implementation started Aug. 1, the Chinese utility operation services provider said.

Under the new policy, electricity consumed during off-peak hours in the abundant water season will cost 0.175 yuan per kilowatt-hour. As for dry and normal water seasons, the electricity consumed during off-peak hours will amount to 0.2535 yuan per kWh.