Movement Alert|China Longyuan Power Rises 5.22% in Regular Trading, Boosted by National New Energy System 15th Five-Year Plan

Market Focus06-26

On June 26, China Longyuan Power rose 5.22% in regular trading, trading at HKD 5.38/share, with turnover of HKD 89.559 million. The surge came as green electricity stocks rallied broadly following key policy and corporate catalysts.

On the news front, the National Development and Reform Commission and National Energy Administration jointly issued the New Energy System Construction 15th Five-Year Plan, targeting an initially clean, low-carbon, safe, and efficient new energy system by 2030. Additionally, Longyuan Power's self-developed ocean ranch platform Guoneng Huanghai No.1 successfully loaded its first batch of 10,000 yellow croaker fry on June 25, marking a milestone in the company's green energy plus blue granary integration strategy. The A-share counterpart (001289) hit its daily limit at the open on June 26.

Longyuan Power's controlled installed capacity is expected to exceed 46 GW, entirely from renewable energy sources. Multiple brokerages have maintained buy or overweight ratings, citing the company's approaching fundamental inflection point as wind power pricing shows marginal improvement.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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