China Longyuan Power Group Corporation Limited (00916) announced its financial results for the first three quarters of 2025. The company recorded revenue of RMB22.22 billion, representing a 3.70% year-on-year increase from continuing operations.
Breakdown by segment: - Wind power segment revenue declined 1.82% YoY to RMB19.14 billion - Solar power segment revenue surged 64.82% YoY to RMB2.81 billion - Other segments revenue grew 19.26% YoY to RMB271 million
Net profit attributable to equity holders decreased 19.84% YoY to RMB4.61 billion.
During the January-September 2025 period, the group added 2,274.19 MW of new renewable energy installed capacity: - 1,134.70 MW from wind power - 1,169.49 MW from solar power - Reduced biomass capacity by 30.00 MW
As of September 30, 2025, the group's total installed capacity stood at 43,417.39 MW: - 31,543.47 MW from wind power - 11,867.82 MW from solar power - 6.10 MW from other renewable sources
The average utilization hours for wind power decreased by 95 hours YoY to 1,511 hours in the first nine months of 2025, primarily due to lower wind speeds compared to the same period in 2024.
Cumulative power generation reached 56,546,706 MWh as of September 30, 2025, down 0.53% YoY. Excluding thermal power, generation increased 13.81% YoY: - Wind power generation rose 5.30% YoY to 46,187,944 MWh - Solar power generation jumped 77.98% YoY to 10,354,443 MWh