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Shenneng Co., Ltd. announced that in the first half of 2026, it achieved operating income of 12.723 billion yuan and net profit to mother of 1,683 billion yuan, a year-on-year decrease of 18.97%. The decline in performance was mainly affected by changes in the fair value of financial assets; the holding's power generation capacity reached 25.845 billion kilowatt-hours, a decrease of 0.4% over the previous year. By the end of June, the Company's New Energy Holdings had an installed capacity of 8.845 million kilowatts, accounting for 42.8% of the total installed capacity. Since 2026, fuel prices have fluctuated and risen, and the company has dynamically optimized procurement strategies to reduce costs. In terms of oil and gas exploration, exploration work related to the Pinghu, Enping, and Kepingnan blocks is progressing steadily. In the second half of the year, the company will continue to promote industrial transformation and upgrading, focus on the construction of major new energy projects, and improve the quality and efficiency of thermal power stock assets.
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Shenneng Co., Ltd. announced that in the first half of 2026, it achieved operating income of 12.723 billion yuan and net profit to mother of 1,683 billion yuan, a year-on-year decrease of 18.97%. The decline in performance was mainly affected by changes in the fair value of financial assets; the holding's power generation capacity reached 25.845 billion kilowatt-hours, a decrease of 0.4% over the previous year. By the end of June, the Company's New Energy Holdings had an installed capacity of 8.845 million kilowatts, accounting for 42.8% of the total installed capacity. Since 2026, fuel prices have fluctuated and risen, and the company has dynamically optimized procurement strategies to reduce costs. In terms of oil and gas exploration, exploration work related to the Pinghu, Enping, and Kepingnan blocks is progressing steadily. In the second half of the year, the company will continue to promote industrial transformation and upgrading, focus on the construction of major new energy projects, and improve the quality and efficiency of thermal power stock assets.
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