Fujian Mindong Electric Clarifies Stake in Offshore Wind Ventures Not Yet Generating Returns

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Fujian Mindong Electric Power Group Co.,Ltd. (000993.SZ) has issued a statement in response to recent unusual trading activity in its stock, addressing heightened market interest in several emerging energy themes.

The company disclosed that despite growing attention from investors on concepts like "coordinated computing and power supply," "green power direct connection," and "offshore wind power," its current operations do not include these sectors. It explicitly stated that it has not established any partnerships with computing centers or data centers related to these business models.

Addressing its involvement in offshore wind projects, the company noted that all projects in which it holds a stake remain in pre-construction or pre-operation phases. Consequently, these ventures have not yet contributed any revenue, and it projects they will generate no income or profit during the 2026 fiscal year.

As a result, Fujian Mindong Electric Power Group Co.,Ltd. emphasized that these projects are not expected to have a material impact on its financial performance.

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It explicitly stated that it has not established any partnerships with computing centers or data centers related to these business models.<br><br>Addressing its involvement in offshore wind projects, the company noted that all projects in which it holds a stake remain in pre-construction or pre-operation phases. 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