Environmental and Facilities Services

SPIC

SPIC released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 2.475 B, actual EPS CNY 0.09

SPIC FY2026 Q1 Earnings Release on April 30 After-Market (BJT)

SPIC FY2025 Annual Earnings Release Scheduled for April 17, 2026 After-Market BJT

SPIC released FY2025 Q4 earnings on March 22 After-Market (BJT), actual revenue CNY 9.216 B, actual EPS CNY 0.031

SPIC released FY2025 Annual Earnings on March 22 After-Market (BJT), actual revenue CNY 12.15 B, actual EPS CNY 0.12

SPICYD released FY2025 9 Months Earnings on October 29 After-Market (BJT), actual revenue CNY 2.936 B, actual EPS CNY 0.0626

SPICYD released FY2025 Q3 earnings on October 29 After-Market (BJT), actual revenue CNY 1.11 B, actual EPS CNY 0.0467

SPICYD to Release FY2025 Q3 Earnings on October 30 After-Market (BJT)

SPICYD released FY2025 Semi-Annual earnings on August 29 After-Market BJT, actual revenue CNY 1.826 B, actual EPS CNY 0.02

SPICYD released FY2025 Q2 earnings on August 29 After-Market BJT, actual revenue CNY 947.12 M, actual EPS CNY -0.0341

SPICYD FY2025 Semi-Annual Earnings Release on August 30, 2025 (BJT)

Yunda Environmental Signs Strategic Cooperation Agreement with Xinjiang Environmental Industry Group

Yunda Environmental Protection's Restructuring Plan Accepted by SSE

Yunda Environmental Protection Wins Bid for Yuxi Fuyuan West Wind Farm Phase IV Project in Yunnan

Yunda Environmental Protection Reports Revenue and Net Profit Growth in Q1 2025

Yunda Environmental Protection Announces 2024 Annual Report

SPICYD released FY2025 Q1 earnings on April 23 During-Market BJT, actual revenue CNY 878.81 M, actual EPS CNY 0.05

Yunda Environmental Plans to Acquire Wuling Power and Changzhou Hydropower for 27.7 Billion Yuan

Yunda Environmental Protection Plans to Acquire Equity in Wuling Power and Guangxi Changzhou Hydro

SPICYD released FY2024 Q4 earnings on April 16 After-Market (BJT), actual revenue CNY 1.627 B, actual EPS CNY -0.1122

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China Power International Development's subsidiary, SPIC Hydropower, reported a 55.13% decline in Q1 2026 revenue to RMB2.47 billion, but net profit surged 168% to RMB393 million. Basic earnings per share tripled to RMB0.09, driven by higher profitability. The company cautioned that these results reflect only the subsidiary's performance, not the group's overall financial position. Analysts rate the stock as a Hold with a price target of HK$3.30. China Power focuses on expanding its hydropower portfolio and consolidating assets in the low-carbon power sector.

Tip Ranks

CHINA POWER

GF CSI All Share Power Public Service ETF

Bosera CSI All Share Electric Utilities ETF

China Power’s SPIC Hydropower Q1 Net Profit Jumps Despite Revenue Decline

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SPIC plans to invest 200 billion yuan in 2026, a year-on-year increase of 17%. The company will implement cross-cyclical and counter-cyclical adjustment measures to actively implement the national deployment for expanding effective investment. The investment target for the first quarter is 23 billion yuan, a year-on-year increase of 35%

Wallstreetcn

SPICIFH

Penghua CSI All Share Utilities ETF

ChinaAMC Green Electricity ETF

SPIC GECL

SPIC: Actively Expanding Effective Investment, Planning to Invest 200 Billion Yuan Annually

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36Kr learned that the Aiqicha App shows that recently, State Power Investment Corporation Asset Management Co., Ltd. underwent a business change, with its registered capital increased from RMB 2 billion to RMB 8 billion, an increase of 300%. State Power Investment Corporation Asset Management Co., Ltd. was established in November 2016, with Feng Junjie as the legal representative. Its business scope includes external investment of self-owned funds, asset management, investment management, and more. Shareholder information indicates that the company is wholly owned by State Power Investment Corporation

36Kr

IMDTECL

The registered capital of State Power Investment Corporation Asset Management Company has increased to 8 billion yuan

36Kr learned that the Aiqicha App shows that recently, State Power Investment Corporation Asset Management Co., Ltd. underwent a business change, with its registered capital increased from 2 billion RMB to 8 billion RMB. State Power Investment Corporation Asset Management was established in November 2016, with Feng Junjie as the legal representative. Its business scope includes external investment with its own funds, asset management, investment management, and more. Shareholder information indicates that the company is wholly owned by State Power Investment Corporation

The registered capital of the asset management company under the State Power Investment Corporation has increased to 8 billion yuan

Fangzheng Securities released a research report indicating that the asset securitization expectations of State Power Investment Corporation will significantly boost the stock prices of related listed companies. It is expected that companies such as SPICYD, IMDTECL, and JEP will benefit from asset injections or mergers and acquisitions, with substantial potential for market value enhancement. State Power Investment Corporation plans to restructure its subsidiaries, with an overall asset securitization ratio of approximately 51.4%. In addition, the group's layout in the aluminum industry chain is also accelerating, which is expected to further drive up stock prices in the future

Zhitong

Fangzheng Securities: State Power Investment Corporation's reform enters deep water, seizing the dividends of asset securitization

SPICYD announced that the company plans to acquire a 63% stake in Wuling Power held by China Power International Development Limited, a 37% stake held by Hunan Xiangtou International Investment Co., Ltd., and a 64.93% stake held by State Power Investment Corporation Guangxi Electric Power Co., Ltd. through a private placement of shares and cash payment. At the same time, the company plans to issue shares to no more than 35 specific investors to raise matching funds. The Shanghai Stock Exchange's review committee has approved the transaction application on September 17, 2025, deeming it to meet the restructuring conditions and information disclosure requirements

SPICYD's application for the issuance of new shares related to the acquisition has been approved by the Shanghai Stock Exchange