Lates News

According to the AI Fast News by every other day, Huayuan Securities released a research report on May 19th, giving Shanghai Electric Power Co., Ltd. (600642.SH) a buy rating. The main reasons for the rating include: 1) Events: the company released the annual report for 2024 and the quarterly report for 2025; 2) The coal-fired power generation utilization hours have risen again, reflecting the company's advantage in high parameter units and the tight supply-demand situation in East China's electricity market; 3) The steady growth in new energy installed capacity, with a slight decrease in utilization hours due to weather impact; 4) The net profit attributable to the parent company in the first quarter of 2025 decreased compared to the same period last year, mainly due to maintenance of coal-fired units and the impact of fair value changes on profits and losses; 5) From an investment perspective, the company's biggest highlight lies in its long-term stable performance and strong predictability. (Daily Economic News)