China Longyuan Power Group Corporation (00916): Net profit attributable to shareholders for the first three quarters was approximately RMB3.007 billion, down 35.75% year on year.
China Longyuan Power Group Corporation (00916) announced its results for the first three quarters of 2026. The Group achieved revenue of RMB21.242 billion, down 5.19% year on year, of which revenue from the wind power segment was RMB17.486 billion, down 8.79% year on year; revenue from the solar power segment was RMB3.552 billion, up 19.81% year on year; and revenue from other segments was RMB205 million, down 24.37% year on year. Net profit attributable to equity holders of the Company was RMB3.007 billion, down 35.75% year on year.
China Longyuan Power Group Corporation (00916) announced its results for the first three quarters of 2026. The Group achieved revenue of RMB21.242 billion, down 5.19% year on year, of which revenue from the wind power segment was RMB17.486 billion, down 8.79% year on year; revenue from the CECEP Solar Energy segment was RMB3.552 billion, up 19.81% year on year; and revenue from other segments was RMB205 million, down 24.37% year on year. Net profit attributable to equity holders of the Company was RMB3.007 billion, down 35.75% year on year.
From January to September 2026, the Group added 2,048.92 MW of new energy controlled installed capacity, including 902.60 MW of new wind power controlled installed capacity and 1,146.32 MW of CECEP Solar Energy controlled installed capacity, mainly due to the Company's completion of the equity transfer of Guohua (Cangzhou) Comprehensive Energy Co., Ltd., adding the 1,090 MW "Cangzhou Green Port Hydrogen City" photovoltaic project. As of September 30, 2026, the Group's controlled installed capacity was 48,043.21 MW, of which wind power was 33,049.97 MW, CECEP Solar Energy was 14,987.14 MW, and other renewable energy was 6.10 MW.
From January to September 2026, the Group's average wind power utilization hours were 1,379 hours, down 132 hours from the same period in 2025, mainly because the wind resource level in the regions where some of the Group's large-capacity projects are located declined year on year and curtailment increased somewhat, with average wind speed down 0.10 m/s from the same period last year.
As of September 30, 2026, the Group's cumulative power generation on a consolidated basis was 56,250,365 MWh, down 0.52% year on year from the same period in 2025. Of this, wind power generation was 43,894,219 MWh, down 4.97% year on year; CECEP Solar Energy generation was 12,352,004 MWh, up 19.29% year on year.
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