CHINA LONGYUAN's stock soared 5.11% during intraday trading on Thursday, marking a significant upward movement for the renewable energy operator.
The rally appears driven by sector-wide policy tailwinds, as the National Energy Administration announced it will soon release the 2026 new energy consumption work plan along with multi-user green electricity direct connection policies, signaling continued government support for renewable energy operators.
This policy catalyst lifted sentiment across the renewable electricity sector, with market participants anticipating favorable conditions for companies like CHINA LONGYUAN despite recent quarterly financial performance.
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