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The net profit of Longyuan Electric Power (00916) in the first three quarters was about 3.07 billion yuan, a year-on-year decrease of 35.75%
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According to the Zhitong Finance App, Longyuan Electric Power (00916) announced the results for the first three quarters of 2026. The group achieved revenue of RMB 21,242 billion, a decrease of 5.19% over the same period last year. Among them, revenue from the wind power segment was RMB 17.486 billion, down 8.79% from the same period last year; revenue from the solar division was RMB 3,552 million, up 19.81% from the same period last year; and revenue from other divisions was RMB 205 million, a decrease of 24.37% over the same period last year. Net profit of equity holders vested in the company was RMB 3.07 billion, a decrease of 35.75% over the same period last year.

From January to September 2026, the Group added 2,048.92 megawatts of installed capacity of new energy holding, including 902.60 megawatts of installed capacity of wind power holding and 1,146.32 megawatts of solar energy holding installed capacity, mainly due to the completion of the share transfer of Guohua (Cangzhou) Comprehensive Energy Co., Ltd. and an increase of 1,090 megawatts of “Cangzhou Green Port Hydrogen City” photovoltaic project. As of September 30, 2026, the Group's holding installed capacity was 48,043.21 megawatts, including 33,049.97 megawatts of wind power, 14,987.14 megawatts of solar power, and 6.10 megawatts of other renewable energy.

From January to September 2026, the average number of hours used by the Group's wind power was 1,379 hours, down 132 hours from the same period in 2025, mainly due to a year-on-year decline in wind resource levels and an increase in power limits in regions where some of the Group's high-capacity projects are located, and the average wind speed decreased by 0.10 m/s compared to the same period last year.

As of September 30, 2026, the Group has accumulated 56,250,365 megawatt-hours of power generation according to the consolidated statement, a year-on-year decrease of 0.52% compared with the same period in 2025. Among them, wind power generation was 43,894,219 megawatt-hours, down 4.97% year-on-year from the same period last year; solar power generation was 12,352,004 megawatt-hours, an increase of 19.29% over the same period last year.


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