not high.

Three Gorges Energy announced a brilliant quarterly report this evening, and its performance continued to grow strongly, with a price-earnings ratio of only 15 times. The annual dividend is 21 cents for every 1 shares, and the dividend return is not much, but the company is full of sincerity.

Three Gorges Energy paid dividends twice as soon as it went public. Why did the share price of Three Gorges Energy, which is excellent in quality, fall sharply in the first quarter? This is mainly due to the chasing up and down of a large number of funds. In the annual report, 825 funds held 1,76 million shares of Three Gorges Energy, while in the first quarterly report, only 155 funds held 634 million shares of Three Gorges Energy. A large number of funds significantly reduced their positions in Three Gorges Energy, which led to an irrational decline in the stock price. In the first quarter, the number of shareholders was 89,, an increase of 5, over the annual report. Retail investors are the real value investors, but it is gratifying that two social security funds hold 123 million shares of Three Gorges Energy, which is the long-term fund to stabilize the stock price. It cannot be ruled out that some funds have made profits by suppressing the weight of Three Gorges Energy.