According to the Dongwu Securities Research Report, Yangtze River Electric Power's 2025H1 power generation has increased steadily, while incoming water from Wudongde is abundant, and incoming water from the Three Gorges has dried up. As of 2025/7/10, according to the promise of a dividend ratio of not less than 70%, the current stock price corresponds to the 2025 dividend rate of 3.35%, and the interest spread with the 10-year treasury bond yield reached 1.71%. Considering the return of interest spreads, the dividend benchmark Changjiang Electric Power space opens up. The company strives to achieve 300 billion kilowatt-hours of power generation in 2025, maintaining the 2025-2027 forecast of the company's net profit to mother of 350.28/367.15/37.087 billion yuan, an increase of 7.8%/4.8%/1.0% year-on-year; maintaining a “buy” rating.

Zhitongcaijing · 07/11 07:41
According to the Dongwu Securities Research Report, Yangtze River Electric Power's 2025H1 power generation has increased steadily, while incoming water from Wudongde is abundant, and incoming water from the Three Gorges has dried up. As of 2025/7/10, according to the promise of a dividend ratio of not less than 70%, the current stock price corresponds to the 2025 dividend rate of 3.35%, and the interest spread with the 10-year treasury bond yield reached 1.71%. Considering the return of interest spreads, the dividend benchmark Changjiang Electric Power space opens up. The company strives to achieve 300 billion kilowatt-hours of power generation in 2025, maintaining the 2025-2027 forecast of the company's net profit to mother of 350.28/367.15/37.087 billion yuan, an increase of 7.8%/4.8%/1.0% year-on-year; maintaining a “buy” rating.