On July 20, CR Power rose 3.03% in regular trading, trading at HK$18.72/share, with turnover of HK$88.60 million. The move was driven by the company's recently disclosed operational data showing strong electricity sales growth.

According to the announcement, CR Power's subsidiary power plants recorded electricity sales of 19.35 million MWh in June, up 5.1% YoY. Cumulative H1 electricity sales reached 120 million MWh, representing a 12.8% YoY increase. Solar power stations delivered standout performance, with H1 cumulative sales surging 42.8% YoY, benefiting from the company's continued new energy capacity expansion, including a previously announced 5.4GW photovoltaic module centralized procurement plan. Wind power saw a 3.2% YoY decline due to lower wind speeds.

The broader power sector rallied in tandem, with Datang Power up 3.81%, Huaneng Power up 2.25%, CGN Power up 1.83%, and China Power up 2.19%, reflecting a clear sector-wide linkage effect. The company also recently received CSRC approval to spin off CR New Energy for a separate A-share listing on the Shenzhen Stock Exchange.

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