Our country's largest thermal power plant under construction will put new units into operation, and the performance of thermal power concept stocks is expected to be better than expected.

According to the China Energy Group, the country's largest thermal power plant under construction, the No. 8 unit of Zhejiang Beilun Power Plant, was successfully put into operation on July 6 after 168 hours of full load trial operation to ensure additional power supply during high temperatures. According to Securities Times Data, there are nearly 40 stocks related to thermal power concepts, with an average price increase of 7.91% as of July 6 this year, with Huayin Power, Jingneng Power, and Jiantou Energy leading the price increase. Despite the double unfavorable factors of electricity and price decline, the thermal power sector still achieved positive growth in performance due to the significant decrease in coal prices. Nearly seven-tenths of the thermal power concept stocks achieved year-on-year growth in net profit in the first quarter of this year. It is expected that many regions of China will experience above-average temperatures this summer, with the electricity consumption expected to increase by around 5% for the year. The high temperatures have already led to an increase in thermal power generation, coupled with pressure on coal prices, leading to some thermal power companies in certain regions performing better than expected.