HydroElectric Power Corporation: Net profit is expected to increase by 1337% in 2025, affected by restructuring.

Datou Hydropower announced that, according to preliminary calculations, it is estimated that the net profit attributable to the parent company in 2025 will be around 516.91 million yuan, an increase of approximately 480.95 million yuan compared to the same period last year, representing a year-on-year increase of about 1337%; after retrospective adjustments, the year-on-year decrease is around 36%. The non-recurring net profit attributable to the parent company is estimated to be around 33.67 million yuan, an increase of about 84% year-on-year. In the same period last year, the net profit attributable to the parent company was 35.96 million yuan, and the non-recurring net profit attributable to the parent company was 18.27 million yuan. The main reason for the increase in performance forecast is the completion of a major asset restructuring, with Wuling Electric Power and Guangxi Changzhou Hydropower being included in the company's consolidated scope at the end of October.