Huaguang Huaneng said at the 2026 third quarter results briefing that since this year, the proportion of overseas orders for the company's equipment business has exceeded 30%. Overseas orders have a relatively long delivery cycle, but the gross profit level of the business is higher than that of domestic orders. Most of the company's overseas business partners are central enterprises and well-known overseas enterprises, and risks are strictly controlled through contract terms and conditions, which can effectively prevent project risks.

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