On August 17, DONGFANG ELEC rose 3.17% in regular trading, trading at HK$24.12/share, with turnover of HK$66.35 million. The rise was driven by the company's successful bid for the CGN Golmud 350MW Concentrated Solar Power (CSP) demonstration project turbine generator unit segment.

The project, located in Golmud, Qinghai Province, is currently the world's largest single-unit thermal storage capacity and largest mirror field area CSP demonstration project. DONGFANG ELEC will supply one 350MW subcritical single-reheat turbine generator set for the facility, which serves as a key clean energy benchmark project in Qinghai Province.

At the industry level, the Heavy Electrical Equipment sector showed broad strength, with GOLDWIND up 3.78%, HARBIN ELECTRIC up 2.25%, and SH ELECTRIC up 1.60%. The market is also looking ahead to the company's interim results review scheduled for August 25, adding to positive sentiment around the stock.

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