Chuan Investment Energy: The operating data of the power generation business in 2025 has been announced, with fluctuations in power generation volume.

Chuanfu Energy announced that from January to December 2025, the total electricity generation of the company's holding enterprises reached 66.27 billion kilowatt-hours, an increase of 13.85% year-on-year; the electricity sent to the grid was 65.15 billion kilowatt-hours, an increase of 13.86% year-on-year; and the average grid electricity price was 0.206 yuan/kWh, a decrease of 6.79% year-on-year. Among them, the electricity generation of the holding hydroelectric enterprises was 63.56 billion kilowatt-hours, an increase of 15.40% year-on-year; the electricity sent to the grid was 62.46 billion kilowatt-hours, an increase of 15.41% year-on-year; and the average grid electricity price was 0.195 yuan/kWh, a decrease of 4.88% year-on-year. The electricity generation of the holding photovoltaic enterprises was 2.71 billion kilowatt-hours, a decrease of 13.42% year-on-year; the electricity sent to the grid was 2.69 billion kilowatt-hours, a decrease of 13.23% year-on-year; and the average grid electricity price was 0.454 yuan/kWh, a decrease of 8.47% year-on-year. There are corresponding reasons for the changes in electricity generation and grid electricity prices.