According to Hengshang Energy's announcement, it achieved operating income of 246 million yuan in the third quarter of 2026, a year-on-year decrease of 13.26%; net loss attributable to shareholders of listed companies was 146.942 million yuan. The first three quarters of 2026 achieved operating income of 828 million yuan, a year-on-year decrease of 28.09%; net profit attributable to shareholders of listed companies was 15.1077 million yuan, a year-on-year decrease of 67.91%; net profit after deducting non-recurring profit and loss was 144.61 million yuan, a year-on-year decrease of 67.43%. Changes in performance are mainly due to year-on-year changes in asset impairment preparations due to declining revenue and gross margin, and changes in the age structure of project repayments and accounts receivable.

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