Beijing Jingneng Clean Energy Co., Limited (JNCEC) released a profit warning on 31 July 2026, notifying investors that preliminary unaudited figures point to a sharp decline in interim earnings.

The Group expects profit attributable to equity shareholders for the six months ended 30 June 2026 to range between RMB1.29 billion and RMB1.49 billion, a year-on-year decrease of approximately 25%–35%.

Management attributes the downturn to three factors: 1. Reduced wind and solar resources during the period, curtailing renewable power output. 2. Fluctuations in market-based electricity prices, weighing on revenue generation. 3. Higher maintenance downtime for gas-fired power generation units, limiting capacity utilization.

JNCEC stated that overall operations remain normal. The figures are derived from unaudited consolidated management accounts and have neither been reviewed by external auditors nor by the Board’s audit committee.

The company is finalising its interim results, which are scheduled for release by end-August 2026. Shareholders and potential investors are urged to exercise caution when dealing in the company’s shares.