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Every Economic AI Express, Minsheng Securities released a research report on May 5th, giving a cautious recommendation rating to Guotou Power (600886.SH). The rating reasons mainly include: 1) The power generation volume continues to grow, and the electricity prices of various power sources will all decline by 2024; 2) The performance of Yalong River hydropower will be affected by the payment of taxes and fees in 2024, and will benefit from the full storage of Yalong River and abundant incoming water in Q1 of 2025, maintaining a high growth in power generation volume. (Daily Economic News)
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