Delong Composite Energy Group Co Ltd

On August 3, the gas sector rose 3.01% during the session. Shengtong Energy and Delong Huineng both surged 9.99%, while ENN Natural Gas, China Suntien Green Energy, and Jovo Energy climbed 3.20%, 3.08%, and 2.63% respectively. Orient Securities noted that undervalued utilities are showing defensive value, with assets poised for revaluation. It pointed out that amid the restructuring of the international order and rising AI-driven energy demand, utilities as key physical assets are likely to be revalued. China needs to further advance market-based electricity pricing reforms, and the upward shift in global energy price midpoints is expected to drive electricity and natural gas prices in China into a new upward cycle. TF Securities highlighted that upstream gas producers with their own resources can benefit from price elasticity, while midstream companies with flexible, resellable long-term LNG contracts can profit from the spread by reselling low-cost long-term resources as overseas natural gas prices rise.

Delong Huineng announced that information disclosure obligor Liu Xin increased his holdings of the company's shares by 1,643,500 shares through centralized bidding trading on July 30, 2026, accounting for 0.46% of the company's total share capital. After this equity change, Liu Xin holds a total of 17,983,500 shares of the company, accounting for 5.01% of the total share capital.