China Longyuan Power Group reports a **5.19% year-over-year decline in 9M revenue** and a **35.75% drop in attributable net profit**, alongside a **0.52% decrease in total generation**. Solar energy generation and installed capacity growth helped offset weaker wind output and utilization rates.
China Longyuan Power increases September power output to **5.7 million megawatt-hours**, a **7.1% year-over-year rise**. Wind power generation grows **3.2%**, while solar output jumps **20%** compared to the same period last year. The company’s renewable energy expansion contributes to the overall growth in production.
China Longyuan Power is acquiring the remaining stake in **Guoneng Badain Jaran Energy Development and Investment** for **24.6 million yuan** to consolidate ownership. The transaction follows a Shenzhen Stock Exchange filing. The company’s shares dropped **9%** after the announcement, reflecting investor reaction to the coal-related investment.
China Longyuan Power Group reports a **27.9% net profit decline** to **RMB4.64 billion**, driven by an **18.6% revenue drop**. Wind power segment profits fall while solar segment profits **more than double**. The company expands capacity and advances key projects despite policy and market challenges.
