Huadian Xinneng announced that in the third quarter of 2026, it achieved operating income of 10.851 billion yuan, a year-on-year increase of 14.43%; net profit to mother was 1,145 billion yuan, a year-on-year decrease of 21.89%. The first three quarters of 2026 achieved operating income of 32.519 billion yuan, up 10.31% year on year; net profit to mother was 4.984 billion yuan, down 35.32% year on year; net profit after deducting non-return to mother was 4.956 billion yuan, down 35.36% year on year. The decline in performance is mainly due to reduced utilization hours due to insufficient landscape resources and consumption in some regions, a decline in electricity prices due to full entry into the market, an increase in costs such as compounded depreciation, a decrease in investment income from joint ventures, and the cancellation of preferential policies to levy and immediately refund value-added tax on onshore wind power.

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