China Three Gorges New Energy Group Co Ltd

Over the past month, companies on the Shanghai Stock Exchange main board have added a total of 91 new buyback and shareholding increase plans, with amount caps exceeding 26 billion yuan. According to statistics, from July 19 to August 18, the Shanghai main board saw 57 new buyback plans, with planned buyback caps of about 14.5 billion yuan, and 34 new shareholding increase plans, with planned increase caps of about 11.5 billion yuan. On the evening of August 19, Foxconn Industrial Internet disclosed its first buyback of 2.41 million shares, worth 149 million yuan. Huaxin Cement's shareholder Huaxin Group plans to increase its stake by 340 million to 680 million yuan. CCCC Design and Consulting's controlling shareholder subsidiary CCCC Capital plans to increase its stake by 80 million to 160 million yuan. In addition, companies such as Huayou Cobalt, Sany Heavy Industry, China Three Gorges Renewables, and China State Construction Engineering also disclosed buyback or shareholding increase plans in late July, and some have already entered a rapid implementation phase.

Three Gorges Energy announced plans to jointly invest with a subsidiary of its controlling shareholder to establish Three Gorges Group Qinghai Energy Investment Company. The company will contribute 340 million yuan, representing a 34 percent stake. This transaction constitutes a connected transaction.

Over the past week, Shanghai-listed companies launched 42 new buyback plans with a maximum value of 8.386 billion yuan, and 17 new shareholding increase plans with a maximum value of 7.457 billion yuan, marking a clear acceleration in industrial capital entering the market. The chairman of NARI Technology proposed a buyback of 500 million to 1 billion yuan worth of shares, the chairman of Daqin Railway proposed a buyback of 400 million to 500 million yuan, Sany Heavy Industry plans to repurchase A-shares worth 400 million to 800 million yuan, and Yifeng Pharmacy Chain plans to repurchase shares worth 200 million to 300 million yuan. On the shareholding increase side, the controlling shareholder of China Three Gorges Renewables plans to increase holdings by 1.5 billion to 3 billion yuan, the controlling shareholder of Aluminum Corporation of China plans to increase holdings by 1 billion to 2 billion yuan, and the controlling shareholder of China State Construction Engineering plans to increase holdings by 500 million to 1 billion yuan. Since the beginning of this year, Shanghai-listed companies have disclosed 190 new buyback plans with a total maximum value of 55.5 billion yuan, and 155 new shareholding increase plans with a total maximum value of 22.1 billion yuan.

A wave of share buybacks and shareholder increases continues to surge among companies listed on the Shanghai Stock Exchange, with the pace of industrial capital entering the market notably accelerating. Over the past week, 42 new buyback plans were added on the Shanghai market, with a maximum amount of 8.386 billion yuan, and 17 new shareholder increase plans were added, with a maximum amount of 7.457 billion yuan. Since the start of 2026, the Shanghai market has disclosed 190 new buyback plans, with a combined maximum amount reaching 55.5 billion yuan, and 155 new shareholder increase plans, with a maximum amount of 22.1 billion yuan. Many companies are making big moves. The chairman of NARI Technology proposed a buyback of 500 million to 1 billion yuan, the chairman of Daqin Railway proposed a buyback of 400 million to 500 million yuan, Sany Heavy Industry plans to buy back 400 million to 800 million yuan, and Yifeng Pharmacy Chain plans to buy back 200 million to 300 million yuan. The implementation of funds is also speeding up. Haier Smart Home has cumulatively bought back 1.817 billion yuan in this round, Seres has cumulatively bought back over 587 million yuan, Metallurgical Corporation of China has completed transactions totaling about 415 million yuan, and Chenguang Stationery has paid a total of 288 million yuan. On the shareholder increase side, the controlling shareholder of China Three Gorges Renewables plans to increase holdings by 1.5 billion to 3 billion yuan, the controlling shareholder of Aluminum Corporation of China plans to increase holdings by 1 billion to 2 billion yuan, and the controlling shareholder of China State Construction Engineering plans to increase holdings by 500 million to 1 billion yuan.

Three Gorges Energy announced that in the second quarter of 2026, the company's total power generation reached 19.749 billion kilowatt-hours, an increase of 1.12% compared to the same period last year. Of this, wind power generation was 11.482 billion kilowatt-hours, down 1.80% year-on-year; solar power generation was 8.095 billion kilowatt-hours, up 5.44% year-on-year; and independent energy storage generation was 172 million kilowatt-hours, up 6.83% year-on-year. In the first half of 2026, the company's cumulative total power generation reached 39.521 billion kilowatt-hours, an increase of 0.53% compared to the same period last year.