Huayin Power: Thermal Power Generation Outlook Improves in H2, But Profitability Remains Subject to External Factors Like Coal Prices

At its semi-annual performance briefing for 2026, Huayin Power stated that the capacity electricity price for thermal power in Hunan increased starting June 2026, providing support for its thermal power business. In the second half of the year, as hydrological conditions change, there is potential for improved thermal power generation space; however, profitability remains influenced by external factors such as coal prices, electricity load, and market electricity prices, introducing uncertainty. The company will strengthen fuel cost control, optimize power trading, and fully explore cost-reduction and efficiency-enhancement potential to improve operational quality.