HK Stock Market Move | JNCEC (00579) fell over 11%, expecting a year-on-year decrease of approximately 25% to 35% in net profit for the first half of the year.

JNCEC (00579) fell more than 11%. As of the time of writing, it has dropped 11.4%, trading at HKD 1.71, with a transaction volume of HKD 40.84 million. In terms of news, JNCEC issued a profit warning, expecting that for the six months ending on June 30, 2026, compared to the same period in 2025, the profit attributable to shareholders is estimated to be approximately RMB 1.29 billion to 1.49 billion, a year-on-year decrease of about 25%-35%. Currently, the group's operations are running normally. The decrease in profit attributable to shareholders for the six months ending on June 30, 2026, is mainly due to multiple factors such as weakening of solar and wind resources, fluctuations in market electricity prices, and increased duration of unit maintenance affecting gas power generation.