Shandong Hi-Speed New Energy Group Ltd. (SDHS New Energy) reported that total operating power generation from projects held or managed by the Group, its associates and joint ventures reached 0.45 million MWh in February 2026, an 8.5% year-on-year decline. Cumulative generation for the first two months of 2026 stood at 0.95 million MWh, down 6.5% from the prior-year period.

Centralised photovoltaic (PV) plants owned by subsidiaries produced 0.15 million MWh in February, contracting 21.7% year-on-year. Provinces posting the steepest monthly declines included Anhui (-40.6%), Henan (-37.5%) and Hebei (-30.5%). Notable gains were recorded in Guizhou (+70.7%), Shanxi (+52.0%) and Ningxia (+38.0%). For the January–February period, subsidiary PV output totalled 0.35 million MWh, 13.4% lower than a year earlier.

Wind farms under subsidiary ownership generated 0.24 million MWh in February, up 2.1% versus the same month in 2025. Shandong (+17.9%) and Henan (+13.0%) delivered the largest increases, while Shanxi (-20.8%) and Hebei (-14.9%) recorded the sharpest drops. Two-month wind generation reached 0.50 million MWh, slipping 2.5% year-on-year.

Combining subsidiary PV and wind facilities on the Chinese mainland, February output amounted to 0.39 million MWh, an 8.7% decline. The differential between this figure and the Group-wide total reflects contributions from associates, joint ventures and other energy assets not detailed in the provincial breakdown.

Management emphasised that the disclosed figures are preliminary and unaudited, intended solely as a business update rather than an indication of full-year financial performance. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.