Coal and Consumable Fuels

ZMEE

ZMEE released FY2025 Annual Earnings on April 20 After-Market (BJT), actual revenue CNY 37.3 B (forecast CNY 40.33 B), actual EPS CNY 1.14 (forecast CNY 1.41)

ZMEE released FY2026 Q1 earnings on April 20 After-Market (BJT), actual revenue CNY 7.79 B, actual EPS CNY 0.31

ZMEE released FY2025 Q4 earnings on April 20 After-Market (BJT), actual revenue CNY 10.32 B, actual EPS CNY 0.3295

ZMEE FY2026 Q1 Earnings Release Scheduled for April 21 After-Market BJT

ZMEE to Release FY2025 Annual Earnings on April 21 After-Market (BJT), Forecast Revenue CNY 40.33 B, EPS CNY 1.41

ZMEE released FY2025 9 Months earnings on October 20 After-Market (BJT), actual revenue CNY 26.98 B, actual EPS CNY 0.8102

ZMEE released FY2025 Q3 earnings on October 20 After-Market (BJT), actual revenue CNY 8.557 B, actual EPS CNY 0.27

ZMEE to Release FY2025 Q3 Earnings Report on October 21 After-Market BJT

ZMEE released FY2025 Q2 earnings on August 18 After-Market (BJT), actual revenue CNY 8.473 B, actual EPS CNY 0.2602

ZMEE released FY2025 Semi-Annual Earnings on August 18 After-Market (BJT), actual revenue CNY 18.42 B, actual EPS CNY 0.54

ZMEE to Release FY2025 Semi-Annual Earnings on August 19, 2025 (BJT)

Wuchan Eco-energy Plans to Acquire 100% Equity of NanTaiHu Power for 1.457 Billion Yuan

Wuchan Huaneng Plans to Acquire NanTaiHu Power Technology for 1457 Million Yuan

Zhongyou Securities Gives Buy Rating to Wuchan Huaneng

Minsheng Securities Recommends Wuchan Huaneng with a 'Recommend' Rating

Wuchan HuanNeng Posts Revenue and Net Profit Decline in Q1 2025

ZMEE released FY2024 Q4 earnings on April 21 After-Market (BJT), actual revenue CNY 13.76 B, actual EPS CNY 0.359

ZMEE released FY2025 Q1 earnings on April 21 After-Market (BJT), actual revenue CNY 9.949 B, actual EPS CNY 0.28

ZMEE released FY2024 earnings on April 21 After-Market (BJT), actual revenue CNY 44.71 B (forecast CNY 41.27 B), actual EPS CNY 1.32 (forecast CNY 1.44)

ZMEE FY2025 Q1 Earnings Release Scheduled for April 22 After-Market BJT

Ordinary dividend (cash)

Ex Date: 2026.05.28, Cash dividend 0.37 CNY

China has introduced a policy to promote multi-user direct green power connection projects, aiming to enhance local consumption of renewable electricity. This initiative supports the dual-carbon agenda and allows users to utilize nearby renewable resources. The policy prioritizes emerging industries and sets stricter consumption requirements, mandating that at least 60% of a project's electricity must be self-consumed. The move is seen as a significant step towards improving renewable energy consumption and transitioning to greener industrial production.

Yicai

China Encourages Multi-User Renewable Power Supply Projects to Boost Local Consumption

Europe's rising electricity prices threaten its AI ambitions, as data centers face high costs and investors seek alternatives. With energy prices double those in the US and 50% higher than in China, experts warn Europe risks falling behind in AI development. While countries like France and the Nordics benefit from lower energy costs, Germany and the UK struggle. Analysts emphasize the need for affordable electricity and improved infrastructure to compete with the US and China in the AI sector.

Invezz

Franklin Resources

OpenAI

NVIDIA

Microsoft

NVIDIA Corporation

Europe’s AI future at risk as soaring power costs push data centers abroad

603071

According to the Zhitong Finance APP, ZMEE disclosed its third-quarter report for 2025. The company achieved a revenue of 26.979 billion yuan in the first three quarters, a year-on-year decrease of 12.84%; the net profit attributable to shareholders of the listed company was 453 million yuan, a year-on-year decrease of 15.1%; the net profit excluding non-recurring gains and losses was 433 million yuan, a year-on-year decrease of 9.03%; the basic earnings per share were 0.81 yuan

Zhitong

ZMEE released its performance for the first three quarters, with a net profit attributable to the parent company of 453 million yuan, a year-on-year decrease of 15.1%

ZMEE released its semi-annual report for 2025, with operating revenue of 18.422 billion yuan, a year-on-year decrease of 7.56%; net profit attributable to shareholders was 302 million yuan, a year-on-year decline of 15.96%. The net profit after deducting non-recurring gains and losses was 292 million yuan, a year-on-year decrease of 16.18%. The basic earnings per share were 0.54 yuan. The decrease in operating revenue was mainly due to the impact of falling coal prices on revenue

ZMEE released its performance for the first half of the year, with a net profit attributable to the parent company of 302 million yuan, a decrease of 15.96%

ZMEE plans to acquire 100% equity of Nan Taihu Technology for 1.457 billion yuan, aiming to enhance its market share in the combined heat and power sector and consolidate its industry-leading position. This equity transfer will promote the development and transformation of the company's energy industry segment, optimize the industrial structure, strengthen core competitiveness, and lay the foundation for sustainable high-quality development

ZMEE plans to acquire 100% equity of Nan Taihu Technology for 1.457 billion yuan

According to the Zhitong Finance APP, ZMEE disclosed its annual report for 2024. During the reporting period, the company achieved revenue of 44.709 billion yuan, a year-on-year increase of 0.86%; net profit attributable to shareholders was 739 million yuan, a year-on-year decrease of 30.25%; net profit excluding non-recurring items was 688 million yuan, a year-on-year decrease of 32.10%; basic earnings per share were 1.32 yuan. The company plans to distribute a cash dividend of 6 yuan (tax included) for every 10 shares to all shareholders

ZMEE released its 2024 annual performance, with a net profit attributable to the parent company of 739 million yuan, a year-on-year decrease of 30.25%

According to the Zhitong Finance APP, ZMEE disclosed its first-quarter report for 2025, showing that the company achieved revenue of 9.949 billion yuan during the reporting period, a year-on-year decrease of 4.91%; net profit attributable to shareholders was 155 million yuan, a year-on-year decrease of 35.44%; net profit excluding non-recurring gains and losses was 150 million yuan, a year-on-year decrease of 36.12%; basic earnings per share were 0.28 yuan

ZMEE released its first-quarter performance, with a net profit attributable to the parent company of 155 million yuan, a year-on-year decrease of 35.44%

002893

600167

China Galaxy Securities released a research report indicating that the gross profit margin of the centralized heating industry will reach 26.5% in the first half of 2024, and profits are expected to rebound in 2025. It is recommended to focus on three investment lines: ZMEE, LMH, and Jingneng Thermal, due to their undervaluation and high dividend advantages. Centralized heating has energy-saving and environmental protection advantages, with a broad market outlook, especially in urbanization and industrial heating

Jingneng Thermal

GCLET

NBEG

Environment Protection

China Galaxy Securities: The centralized heating industry is experiencing an upward trend; focus on high dividend and asset injection targets

01811

The Guangdong Provincial People's Government released the "Guangdong Province 2024-2025 Energy Conservation and Carbon Reduction Action Plan," emphasizing strict control of coal consumption, promoting low-carbon transformation of coal-fired power, increasing the proportion of electricity coal consumption, and reducing non-electric coal use. The plan aims to reasonably control coal consumption in the Pearl River Delta region by the end of 2025, while ensuring energy supply

Wallstreetcn

CGN NEW ENERGY

CHINA HK POWER

DEVOTION

SOLAREAST

Fuxin Technology

CHANT GROUP

TIAN LUN GAS

JovoEnergy

ZFET Co.,LTD.

SRBG

Guangdong Provincial People's Government: Strictly and reasonably control coal consumption

ZMEE(603071.SH)