CGN New Energy (01811) February Output Slips 1.7% to 1,452.8 GWh; Two-Month Generation Rises 3.2%

Bulletin Express

Mar 10

CGN New Energy Holdings Co., Ltd. (01811) released an unaudited trading update for February 2026 on 10 March 2026.

For February, consolidated power generation reached 1,452.8 GWh, a 1.7% year-on-year decline. The contraction was driven by: • PRC wind projects: 769.6 GWh (-3.7% YoY) • PRC hydro project: 7.6 GWh (-11.6% YoY) amid lower water inflow in Guangxi • Korea projects: 487.2 GWh (-1.8% YoY)

The decrease was partially offset by a 21.7% surge in PRC solar output to 188.4 GWh as additional capacity came on line.

Cumulatively for the first two months of 2026, total generation rose 3.2% year-on-year to 3,100.6 GWh. Key movements included: • PRC solar: 410.4 GWh, up 30.0% • PRC gas-fired projects: 10.4 GWh, up 1,200.0% from a low base • Korea projects: 1,024.5 GWh, up 10.2%

These gains outweighed declines in PRC wind (-3.3%) and hydro (-4.5%).

Management emphasised that the figures are preliminary and unaudited, released solely for investor reference. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

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(01811) released an unaudited trading update for February 2026 on 10 March 2026.</p>\n<p>For February, consolidated power generation reached 1,452.8 GWh, a 1.7% year-on-year decline. The contraction was driven by:\n• PRC wind projects: 769.6 GWh (-3.7% YoY)  \n• PRC hydro project: 7.6 GWh (-11.6% YoY) amid lower water inflow in Guangxi  \n• Korea projects: 487.2 GWh (-1.8% YoY)</p>\n<p>The decrease was partially offset by a 21.7% surge in PRC solar output to 188.4 GWh as additional capacity came on line.</p>\n<p>Cumulatively for the first two months of 2026, total generation rose 3.2% year-on-year to 3,100.6 GWh. Key movements included:\n• PRC solar: 410.4 GWh, up 30.0%  \n• PRC gas-fired projects: 10.4 GWh, up 1,200.0% from a low base  \n• Korea projects: 1,024.5 GWh, up 10.2%</p>\n<p>These gains outweighed declines in PRC wind (-3.3%) and hydro (-4.5%).</p>\n<p>Management emphasised that the figures are preliminary and unaudited, released solely for investor reference. 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(01811) released an unaudited trading update for February 2026 on 10 March 2026.</p>\n<p>For February, consolidated power generation reached 1,452.8 GWh, a 1.7% year-on-year decline. The contraction was driven by:\n• PRC wind projects: 769.6 GWh (-3.7% YoY)  \n• PRC hydro project: 7.6 GWh (-11.6% YoY) amid lower water inflow in Guangxi  \n• Korea projects: 487.2 GWh (-1.8% YoY)</p>\n<p>The decrease was partially offset by a 21.7% surge in PRC solar output to 188.4 GWh as additional capacity came on line.</p>\n<p>Cumulatively for the first two months of 2026, total generation rose 3.2% year-on-year to 3,100.6 GWh. Key movements included:\n• PRC solar: 410.4 GWh, up 30.0%  \n• PRC gas-fired projects: 10.4 GWh, up 1,200.0% from a low base  \n• Korea projects: 1,024.5 GWh, up 10.2%</p>\n<p>These gains outweighed declines in PRC wind (-3.3%) and hydro (-4.5%).</p>\n<p>Management emphasised that the figures are preliminary and unaudited, released solely for investor reference. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01811","symbol_name":"中广核新能源","start_time":0,"source_url":"","article_id":"1136210483","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136210483","pubTimestamp":1773115371,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"CGN New Energy Holdings Co., Ltd. (01811) released an unaudited trading update for February 2026 on 10 March 2026. 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The contraction was driven by:\n• PRC wind projects: 769.6 GWh (-3.7% YoY)  \n• PRC hydro project: 7.6 GWh (-11.6% YoY) amid lower water inflow in Guangxi  \n• Korea projects: 487.2 GWh (-1.8% YoY)\nThe decrease was partially offset by a 21.7% surge in PRC solar output to 188.4 GWh as additional capacity came on line.\nCumulatively for the first two months of 2026, total generation rose 3.2% year-on-year to 3,100.6 GWh. Key movements included:\n• PRC solar: 410.4 GWh, up 30.0%  \n• PRC gas-fired projects: 10.4 GWh, up 1,200.0% from a low base  \n• Korea projects: 1,024.5 GWh, up 10.2%\nThese gains outweighed declines in PRC wind (-3.3%) and hydro (-4.5%).\nManagement emphasised that the figures are preliminary and unaudited, released solely for investor reference. 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