Datang Power (00991) announced that as of September 30, 2025, the company and its subsidiaries have cumulatively reached an online power generation of approximately 206.24 billion kWh, representing a year-on-year increase of approximately 2.02%. The primary reasons for the change in the company's online power generation include the increase in national electricity consumption and the continuous growth of installed capacity for renewable energy, leading to a significant year-on-year increase in online power generation from renewable sources, along with better-than-expected hydropower generation compared to the same period last year. As of September 30, 2025, the average on-grid electricity price for the company was RMB 430.19 per MWh (inclusive of taxes), reflecting a year-on-year decrease of approximately 4.32%. During the first three quarters of 2025, the company's market-based trading electricity volume was approximately 1785.95 billion kWh, accounting for about 86.60% of the total.