Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Third Quarter 2025 Operating Results

17th Oct 2025 12:00

RNS Number : 8504D
SDIC Power Holdings Co., LTD
17 October 2025
 

SDIC Power Holdings Co., Ltd.  

(GDR under the symbol: "SDIC")

 Third Quarter 2025 Operating Results

 

 

This announcement contains the English translation of the Chinese version of "SDIC Power Holdings Co., Ltd. Third Quarter 2025 Operating Results" as published on the website of the Shanghai Stock Exchange, and is provided for your reference only. In case of discrepancy between the Chinese version and the English version, the Chinese version shall prevail.

 

I. Electricity Volume and Tariff

According to the preliminary statistics of SDIC Power Holdings Co., Ltd. (hereinafter referred to as the "Company"), from July to September 2025, the holding enterprises of the Company cumulatively achieved power generation of 47.891 billion kWh and on-grid energy of 46.808 billion kWh, a year-on-year decrease of 14.42% and 14.42% respectively. From January to September 2025, the holding enterprises of the Company cumulatively achieved power generation of 124.950 billion kWh and on-grid energy of 121.980 billion kWh, a year-on-year decrease of 6.36% and 6.21% respectively.

From July to September 2025, the average on-grid tariff of the holding enterprises of the Company was RMB 0.334/kWh, a year-on-year decrease of 0.9% From January to September 2025, the average on-grid tariff of the holding enterprises of the Company was RMB 0.346/kWh, a year-on-year decrease of 3.9%.

Main Operating Data of the Company's Holding Enterprises from July to September 2025

Item

Power generation(100 million kWh)

On-grid energy(100 million kWh)

Current period

Same period last year

Change

(YOY%)

Current period

Same period last year

Change

(YOY%)

Hydropower

315.43

370.24

-14.80%

313.73

368.31

-14.82%

Thermal power

131.65

161.54

-18.50%

123.20

151.38

-18.61%

Wind power

 14.75

 14.96

-1.40%

 14.37

 14.58

-1.44%

Solar power

 17.08

 12.84

32.98%

 16.78

 12.66

32.57%

Total of holding enterprises

478.91

559.58

-14.42%

468.08

546.92

-14.42%

 

Main Operating Data of the Company's Holding Enterprises from January to September 2025

Item

Power generation(100 million kWh)

On-grid energy(100 million kWh)

Current period

Same period last year

Change

(YOY%)

Current period

Same period last year

Change

(YOY%)

Hydropower

793.25

803.45

-1.27%

788.81

798.90

-1.26%

Thermal power

354.23

443.65

-20.15%

331.10

416.14

-20.44%

Wind power

51.89

51.05

1.66%

50.62

49.83

1.57%

Solar power

50.13

36.20

38.48%

49.28

35.68

38.13%

Total of holding enterprises

1,249.50

1,334.34

-6.36%

1,219.80

1,300.55

-6.21%

Explanation of the year-on-year change in power generation of holding enterprises from January to September 2025:

1. Main reasons for the year-on-year decrease in hydropower generation

The power generation of the Yalong Hydro and Dachaoshan remained basically the same year-on-year, while the year-on-year decrease in power generation of the Xiaosanxia was due to reduced inflow from the upper reaches of the Yellow River.

2. Main reasons for the year-on-year decrease in thermal power generation

The power generation from clean energy in some regions where thermal power plants are located has increased, and there is an impact from external power transmission.

3. Main reasons for the year-on-year change in wind power generation

The installed capacity of wind power has increased year-on-year. However, due to insufficient wind resources and power curtailment, its power generation has remained basically flat year-on-year.

4. Main reasons for the year-on-year increase in solar power generation

Multiple solar power projects have been successively put into operation.

Explanation of the year-on-year change in average on-grid tariff of holding enterprises from January to September 2025:

The main reasons for the year-on-year decrease in the average on-grid tariff are as follows: First, the change in the electric energy mix, that is, the on-grid energy of thermal power has decreased, and the proportion of electricity corresponding to the higher tariff has decreased; second, the medium and long-term transaction prices of thermal power in some regions have decreased; third, the proportion of new energy projects without subsidies has gradually increased.

II. Installed Capacity Status

In the third quarter of the year, the holding installed capacity put into operation by the Company increased by 60,000 kW. By the end of the third quarter, the holding installed capacity put into operation by the Company had reached 44.7485 million kW, including 21.3045 million kW of hydropower, 13.0748 million kW of thermal power (including waste-to-energy generation), 3.9883 million kW of wind power, 5.8494 million kW of solar power, and 531,600 kW of energy storage.

 

The Board of Directors of SDIC Power Holdings Co., Ltd.

 

July 17, 2025

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCVDLBFEBLZFBB

Related Shares:

Sdic Power.
FTSE 100 Latest
Value9,426.99
Change23.42