China Longyuan Power Group Corporation (00916) released its interim results, with net profit attributable to shareholders of 2.527 billion yuan, a year-on-year decrease of 28.19%.

China Longyuan Power Group Corporation (00916) released its interim results for the six months ending June 30, 2026. The group's continuing operating revenue was 14.642 billion yuan (the same unit below), a year-on-year decrease of 6.48%; profit attributable to equity holders of the company was 2.527 billion yuan, down 28.19% compared to the previous year; earnings per share were 30.23 fen. The announcement stated that the main reasons for the decline in operating revenue were: (1) The Wind Power division had sales of electricity and other income of 12.455 billion yuan in the first half of 2026, a decrease of 1.371 billion yuan from 13.826 billion yuan in the same period of 2025, representing a decline of 9.9%. This was mainly due to the decrease in average utilization hours and average grid-connected electricity prices; (2) The CECEP Solar Energy division's electricity sales and other income in the first half of 2026 were 2.049 billion yuan, an increase of 347 million yuan compared to 1.702 billion yuan in the same period of 2025, reflecting a growth of 20.4%, mainly due to an increase in installed capacity and electricity generation. In the first half of 2026, the group added 397.27 megawatts of new controlled installed capacity in renewable energy, including 340.95 megawatts of new wind power installed capacity and 56.32 megawatts of CECEP Solar Energy installed capacity. As of June 30, 2026, the group's controlled installed capacity reached 46,391.56 megawatts, comprising 32,488.32 megawatts of wind power, 13,897.14 megawatts of CECEP Solar Energy, and 6.10 megawatts of other renewable energy sources. The group achieved a total electricity generation of 38,782,781 megawatt-hours in the first half of 2026, with wind power generation amounting to 31,267,449 megawatt-hours, a year-on-year decline of 6.67%; CECEP Solar Energy's generation was 7,512,678 megawatt-hours, representing a year-on-year increase of 22.22%. In the first half of 2026, the group acquired a total of 3,377 megawatts of development indicators, including 2,220 megawatts for wind power and 1,157 megawatts for CECEP Solar Energy. New development agreements totaling 752.1 megawatts were signed, consisting of 750 megawatts for wind power and 2.1 megawatts for CECEP Solar Energy, all located in areas with good resources.