China Yangtze Power announces executive changes, robust H1 2025 results
China Yangtze Power has announced new executive appointments and robust financial results for the first half of 2025. The company's board approved the appointment of Duan Kailin and Lin Feng as deputy general managers. Concurrently, Xie Jun and Ran Yichuan stepped down from their deputy general manager roles, with Ran Yichuan assuming the position of chief specialist. Neither Xie Jun nor Ran Yichuan hold any company shares.
For H1 2025, China Yangtze Power reported operating revenue of yuan 36.7bn, a 5.34% increase year-over-year, and net profit attributable to shareholders of yuan 13.06bn, up 14.86%. Total assets increased to yuan 567.7bn, with shareholder equity at yuan 206.5bn. The company’s focus on large-scale hydropower operations continues to be a key driver, with the six cascaded power stations generating 126.656 billion kWh, an increase of 6.038 billion kWh.
The company also highlighted the implementation of its shareholding increase plan by China Three Gorges Corporation, which acquired an additional 38,795,786 shares, totaling yuan 1.099bn. China Yangtze Power affirmed its commitment to a dividend payout of at least yuan 0.65 per share from 2016 to 2020, and at least 70% of net profit from 2021 to 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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