LEP(SH:600644) Chang Jiang Shang Bao·2025-05-29 23:35Core Viewpoint - Leshan Electric's stock price has surged significantly, while a major shareholder has executed substantial share reductions at the peak of this price increase [1][2] Group 1: Stock Performance - Leshan Electric's stock price rose from 6.12 yuan per share at the beginning of 2025 to a closing price of 16.78 yuan per share on May 27, 2025, representing a maximum cumulative increase of 194% [1] - On May 28, 2025, the stock price continued to rise, reaching a historical high of 18 yuan per share during intraday trading [1] Group 2: Shareholder Activity - Tianjin Bohai Information Industry Structural Adjustment Equity Investment Fund Co., Ltd. (Bohai Information), the fourth-largest shareholder, reduced its holdings by a total of 6.9 million shares between May 6 and May 27, 2025, which is 0.69% and 0.50% of the total share capital, respectively [1] Group 3: Financial Performance - In 2024, Leshan Electric reported a revenue of 3.196 billion yuan, a year-on-year increase of 7.03%, with electricity being the largest revenue source at 2.251 billion yuan [4] - Despite revenue growth, the company's net profit attributable to shareholders has been under pressure, declining from 70.58 million yuan in 2022 to 22.57 million yuan in 2024 [4] - In the first quarter of 2024, the company reported a revenue of 841 million yuan, a year-on-year increase of 1.58%, but incurred a net loss of 1.2038 million yuan [4]