Financial Performance - The company generated 43.683 billion kWh of wind power, an increase of 7.2% year-on-year, and achieved a pre-tax profit of RMB 6.922 billion, a growth of 7.3% compared to the previous year[8][11]. - The total operating revenue for 2020 was RMB 28.667 billion, reflecting a year-on-year increase of 4.1%[11]. - The net profit attributable to shareholders was RMB 5.025 billion, marking a 10.0% increase year-on-year, with earnings per share at RMB 0.5881[11]. - The company's total assets reached RMB 175.286 billion, with net assets of RMB 66.449 billion and a net debt-to-equity ratio of 56.37%[11]. - Revenue for 2020 reached RMB 28,667.18 million, an increase from RMB 27,540.63 million in 2019, representing a growth of approximately 4.1%[30]. - Net profit attributable to equity holders of the company for 2020 was RMB 5,024.98 million, up from RMB 4,566.79 million in 2019, reflecting a growth of about 10%[30]. - The company achieved a net profit of RMB 5.685 billion, an increase of 6.9% compared to RMB 5.320 billion in 2019[158]. - The company's operating revenue for 2020 was RMB 28.667 billion, up 4.1% from RMB 27.541 billion in 2019, primarily driven by a 7.5% increase in sales from the wind power segment[159]. Installed Capacity and Growth - In 2020, China Longyuan Power Group achieved a total installed capacity of 24,681 MW, with wind power capacity reaching 22,303 MW, maintaining its leading position among global wind power operators[13]. - The company added 51,590 MW of new resource reserves and completed the commissioning of 2,524 MW of new energy installations, setting a historical record[7][10]. - The total installed capacity of the group as of December 31, 2020, was 24,681 MW, with wind power accounting for 22,303 MW, thermal power for 1,875 MW, and other renewable energy for 503 MW[151]. - The company reported a total installed capacity of 690.00 MW for Longyuan Jingbian Wind Power Co., Ltd.[80]. - The company has a total of 1,215.00 MW capacity in Jiangyin, highlighting its commitment to large-scale energy projects[56]. - The company has a total of 945.20 MW capacity in Chifeng, indicating strong regional development[46]. Strategic Partnerships and Collaborations - Longyuan Power established strategic partnerships with Goldwind Technology, Envision Energy, and Sungrow Power, focusing on domestic and international new energy project development[7]. - The company launched a strategic cooperation framework agreement with Goldwind Technology to enhance collaboration in various fields, including strategic synergy and mutual benefits[124]. - The company signed a strategic cooperation agreement with Sungrow Power Supply to integrate efforts in photovoltaic power station development and market management[126]. - The company signed a strategic cooperation agreement with the State Grid General Institute to strengthen collaboration in energy development and technology innovation[128]. Digital Transformation and Technological Advancements - The company is advancing its digital transformation, having completed data collection for wind power units and established a new operational management model[14]. - The company has established a cybersecurity laboratory, the first of its kind in the renewable energy sector, to support cybersecurity research and protection efforts[125]. - The company is collaborating with Huawei and other partners to leverage advanced technologies in digital transformation and clean energy development[128]. - The company has established a three-step goal for digital transformation: solidifying data foundations, achieving predictive maintenance, and ensuring reliable grid integration[143]. Environmental and Social Responsibility - The company donated a total of 2.37 million Rand in funds and anti-epidemic materials to the Northern Cape Province in South Africa[124]. - The company achieved a cumulative release of 4.84 million fish fry and 90 million jellyfish seedlings as part of its annual ecological restoration efforts[125]. - The group planted 530,000 trees and 4.49 million shrubs, restoring over 841 hectares of ecology across 18 provinces[151]. Market Expansion and Future Outlook - The company plans to continue expanding its renewable energy projects across China and internationally, focusing on wind, solar, and other clean energy sources[32]. - The company is focused on expanding its renewable energy footprint, with projects in South Africa, Ukraine, and various locations in China[56]. - The company is actively pursuing new energy development, with a notable capacity of 244.00 MW from its solar technology initiatives[62]. - The company is positioned for future growth with ongoing investments in new technologies and market expansion strategies[62]. Operational Efficiency and Management - The average utilization hours for wind power increased to 2,239 hours, up by 50 hours compared to 2019, despite a year-on-year decrease in average wind speed[144]. - Non-planned downtime for equipment decreased by 86% compared to the beginning of the year, and the number of grid connection line faults decreased by 29% year-on-year[143]. - The company implemented a series of management measures to strengthen power limitation control, maintaining a low level of power limitation throughout the year[144]. - The company focused on digital transformation in production, establishing a digital sharing platform and achieving full data collection of equipment[143]. Challenges and Risks - The company is facing increased investment risks due to ecological protection regulations that may lead to the clearance of existing compliant projects[141]. - The increase in maintenance costs and impairment provisions in the wind power segment affected profit growth despite revenue increases[194].

Financial Performance - For the six months ended June 30, 2020, the company reported consolidated operating revenue of RMB 14.22 billion, an increase of 1.3% compared to RMB 14.04 billion for the same period in 2019[15]. - The company's profit before tax for the same period was RMB 4.59 billion, reflecting a growth of 4.8% from RMB 4.38 billion in 2019[23]. - Net profit attributable to equity holders of the company was RMB 3.33 billion, up 3.8% from RMB 3.21 billion in the previous year[23]. - Basic earnings per share increased to RMB 0.3994, compared to RMB 0.3841 in the same period last year[23]. - Operating profit for the first half of 2020 was RMB 6.338 billion, an increase of 3.6% from RMB 6.116 billion in the same period of 2019[76]. - The group’s net profit was RMB 3.776 billion, an increase of 4.0% compared to RMB 3.632 billion in the same period of 2019[81]. - The profit attributable to equity holders of the company was RMB 3,209,720,000, representing an increase of 4.0% from RMB 3,086,841,000 in the previous year[146]. - The company reported a net profit margin of approximately 5.9% for the first half of 2020, compared to 6.1% in the same period of 2019, showing a slight decline[155]. Revenue and Sales - The wind power segment generated RMB 10.601 billion in sales and other income, a 6.9% increase from RMB 9.915 billion in the same period of 2019[50]. - Revenue from wind power sales reached RMB 10,587,582 thousand, while thermal power sales amounted to RMB 3,329,936 thousand, contributing significantly to the overall revenue[177]. - The total revenue for the first half of 2020 was RMB 14,497,768, an increase from RMB 14,286,991 in the same period of 2019, representing a growth of approximately 1.5%[175]. - The income from the wind power segment in the first half of 2020 was RMB 10.714 billion, an increase of 7.9% from RMB 9.931 billion in the same period of 2019[85]. Assets and Liabilities - Total assets as of June 30, 2020, amounted to RMB 165.58 billion, an increase from RMB 156.80 billion at the end of 2019[24]. - The company's total liabilities were RMB 102.46 billion, compared to RMB 96.15 billion at the end of 2019, resulting in a debt-to-equity ratio of 0.94[25]. - As of June 30, 2020, the company's net assets attributable to equity holders were RMB 54.88 billion, up from RMB 52.92 billion at the end of 2019[25]. - Current assets as of June 30, 2020, were RMB 29.649 billion, an increase of RMB 6.620 billion from RMB 23.029 billion as of December 31, 2019[98]. - Total current liabilities increased to RMB 56.476 billion as of June 30, 2020, from RMB 43.538 billion as of December 31, 2019, marking a rise of 29.7%[148]. Operational Highlights - The company noted a 10.9% year-on-year increase in wind power generation to 237.9 billion kWh during the first half of 2020[26]. - The total installed capacity of power plants in China reached 1,936.22 GW, a year-on-year increase of 5.3%, with grid-connected wind power capacity growing by 12.4% to 216.59 GW[26]. - The total electricity generation for the first half of 2020 was 26.925 billion kWh, with wind power generation accounting for 22.772 billion kWh, representing a year-on-year increase of 6.19%[36]. - The average utilization hours for wind power in the first half of 2020 was 1,187 hours, an increase of 15 hours compared to the same period in 2019, and 64 hours higher than the industry average[36]. Investments and Projects - The company signed new wind and solar development agreements totaling 13,115 MW in the first half of 2020, significantly exceeding the previous year's level, with 6,220 MW for wind and 6,895 MW for solar[41]. - The company added 4 new wind projects with a total installed capacity of 193.5 MW in the first half of 2020, bringing the total installed capacity to 22,350.5 MW, including 20,225.5 MW for wind power[43]. - Capital expenditures for the first half of 2020 were RMB 6.842 billion, a significant increase of 103.2% from RMB 3.367 billion in the same period of 2019, primarily for wind power project construction[104]. Cost Management - In the first half of 2020, the group's operating expenses were RMB 8.303 billion, a decrease of 0.9% compared to RMB 8.377 billion in the same period of 2019[56]. - Coal consumption costs decreased by 19.6% to RMB 0.862 billion in the first half of 2020, down from RMB 1.072 billion in the same period of 2019[60]. - Employee costs rose by 5.4% to RMB 0.900 billion in the first half of 2020, compared to RMB 0.854 billion in the same period of 2019[66]. Corporate Governance - The company is focused on enhancing corporate governance to create shareholder value, adhering to the corporate governance code[117]. - The audit committee has reviewed and confirmed the interim results announcement for the six months ended June 30, 2020[123]. - The company appointed new board members and committee members effective February 28, 2020, to enhance governance and oversight[138]. Market Outlook and Strategy - The company highlighted ongoing government policies promoting energy storage technology and the integration of renewable energy, indicating a positive outlook for the sector[27]. - The company is committed to developing large-scale projects in solar and offshore energy, ensuring high-quality completion of production tasks[114]. - The group aims to strengthen its market presence in both domestic and international markets while focusing on high-quality sustainable development in the second half of 2020[111].

Financial Performance - In 2019, Longyuan Power achieved a total operating revenue of RMB 27.541 billion, representing a year-on-year growth of 4.4%[9]. - The net profit attributable to equity holders of the company was RMB 4.567 billion, an increase of 9.6% compared to the previous year[10]. - Longyuan Power's pre-tax profit was RMB 6.450 billion, reflecting a growth of 9.4% year-on-year[5]. - The company's revenue for 2019 was RMB 27,540.63 million, an increase from RMB 26,387.92 million in 2018, representing a year-on-year growth of approximately 4.4%[30]. - The net profit attributable to the company's equity holders for 2019 was RMB 4,566.79 million, up from RMB 4,165.81 million in 2018, reflecting a growth of about 9.6%[30]. - The earnings per share for 2019 was RMB 53.82, compared to RMB 48.83 in 2018, indicating an increase of approximately 10.2%[21]. - The company's net profit for 2019 was RMB 5.32 billion, an increase of 8.1% from RMB 4.92 billion in 2018; the net profit attributable to equity holders was RMB 4.57 billion, up 9.6% from RMB 4.17 billion in 2018[110]. - The wind power segment's operating income in 2019 was RMB 190.99 billion, a 3.7% increase from RMB 184.24 billion in 2018, driven by increased sales volume[140]. - The thermal power segment's operating income for 2019 was RMB 77.84 billion, a 6.4% increase from RMB 73.14 billion in 2018[142]. Operational Capacity and Growth - The company added 1,113 MW of new wind power capacity, bringing the total installed capacity to over 20,000 MW, maintaining its leading position among global wind power operators[4]. - The company completed resource reserves of 13.60 GW, marking a new high during the 13th Five-Year Plan period[4]. - By the end of 2019, the company's total installed capacity reached 22,157 MW, with wind power accounting for 20,032 MW, maintaining a leading position in the industry[12]. - The total installed capacity of the wind farms increased to 20,032.04 MW in 2019, representing a growth of 5.88% compared to 18,918.84 MW in 2018[104]. - The company achieved a total electricity generation of 50.736 billion kWh in 2019, with wind power generation accounting for 40.732 billion kWh, representing a year-on-year increase of 3.01%[96]. - The company added 14 new wind power projects in 2019, with a total installed capacity of 1,113 MW, including 152 MW from offshore wind projects[103]. Strategic Initiatives and Innovations - The company is committed to enhancing its strategic planning and innovation-driven development to build a world-class renewable energy company[5]. - The company is focusing on the construction of intelligent wind farms, with the Anhui Longhu Wind Farm being recognized as a national model for intelligent wind farm construction[15]. - The company is exploring new technologies and innovations in renewable energy to improve efficiency and sustainability[34]. - The company aims to increase its renewable energy capacity in response to growing market demand and government policies supporting clean energy[34]. - The company is actively pursuing technological advancements in renewable energy, with ongoing research and development initiatives in wind and solar technologies[48]. Safety and Environmental Management - Longyuan Power conducted over 70 safety training sessions and more than 100 safety emergency drills to enhance safety management[8]. - The company maintained a stable safety and quality situation in engineering construction, with no major accidents reported in 2019[102]. - Environmental protection efforts were strengthened, with 116 environmental protection projects completed nationwide, promoting sustainable development[103]. - The company adheres to national environmental regulations and has not violated any environmental laws in 2019[187]. Market Expansion and International Projects - The company has expanded its overseas business, with projects in Ukraine including a 76.5 MW wind power project and a 90 MW solar power project[12]. - The company successfully acquired the Ukraine Yuzhny wind power project with a planned capacity of 76.5 MW, marking its first investment in wind power in Europe[86]. - The overseas project management showed progress, with the cumulative power generation of the Canadian project reaching 286 GWh and the South African project generating 783 GWh in 2019[109]. - The company is actively expanding its market presence, with projects in various provinces and regions, including Xinjiang, Fujian, and Jiangsu[33]. Financial Position and Investments - The company’s total assets at year-end amounted to RMB 156.803 billion, with net assets of RMB 60.655 billion, and a net debt-to-equity ratio of 55.54%[10]. - The net debt-to-equity ratio as of December 31, 2019, was 55.54%, a decrease of 0.64 percentage points from 56.18% in 2018, due to higher retained earnings[164]. - The company issued seven short-term financing bonds and three medium-term notes in 2019, optimizing its financing structure[106]. - The company had pledged assets worth RMB 2.612 billion to secure general bank financing and bonds totaling RMB 14.564 billion[165]. Corporate Governance and Compliance - The company has established a compliance management system to ensure adherence to various laws and regulations[185]. - The board of directors includes key personnel such as the chairman and executive director appointed on September 24, 2019, and the general manager appointed on November 15, 2019[199]. - The company has seen changes in its supervisory board, with new appointments and resignations noted, including the chairman of the supervisory board appointed on December 30, 2019[199]. Shareholder Relations and Dividends - The company plans to distribute a final cash dividend of RMB 0.1076 per share for the year ended December 31, 2019, subject to shareholder approval[193]. - The company emphasizes a profit distribution policy aimed at maximizing shareholder value and providing stable returns[190]. - The company will allocate 10% of the annual after-tax profit to statutory reserves before distributing dividends[191].

Financial Performance - For the six months ended June 30, 2019, the company reported consolidated operating revenue of RMB 14.038 billion, an increase of 5.1% compared to RMB 13.363 billion for the same period in 2018[7]. - The company's profit before tax for the same period was RMB 4.384 billion, reflecting a slight increase of 0.3% from RMB 4.372 billion in 2018[14]. - Net profit attributable to equity holders of the company was RMB 3.208 billion, up 0.5% from RMB 3.193 billion in the previous year[14]. - Earnings per share increased to RMB 0.3841, compared to RMB 0.3823 in the same period last year[7]. - In the first half of 2019, the company achieved a net profit of RMB 3.632 billion, a 0.8% increase from RMB 3.603 billion in the same period of 2018[33]. - The company's operating revenue for the first half of 2019 was RMB 14.038 billion, up 5.1% from RMB 13.363 billion in the same period of 2018[34]. - The wind power segment's revenue in the first half of 2019 was RMB 9.915 billion, an increase of RMB 335 million or 3.5% compared to RMB 9.580 billion in the same period of 2018[34]. - The coal sales revenue from the thermal power segment was RMB 1.784 billion, a 15.0% increase from RMB 1.551 billion in the same period of 2018[34]. - The company's operating expenses for the first half of 2019 were RMB 8.377 billion, a 6.3% increase from RMB 7.882 billion in the same period of 2018[39]. - The company's total liabilities were RMB 93.859 billion, compared to RMB 89.939 billion at the end of 2018, resulting in a debt-to-equity ratio of 0.83[15]. Assets and Liabilities - As of June 30, 2019, the total assets of the company amounted to RMB 152.898 billion, an increase from RMB 146.504 billion at the end of 2018[15]. - The total liabilities of the group as of June 30, 2019, were RMB 93.859 billion, an increase of RMB 3.920 billion from RMB 89.939 billion as of December 31, 2018[82]. - The equity attributable to the company's equity holders as of June 30, 2019, was RMB 51.587 billion, an increase of RMB 2.351 billion from RMB 49.236 billion as of December 31, 2018[82]. - Current assets as of June 30, 2019, were RMB 24.393 billion, an increase of RMB 6.607 billion from RMB 17.786 billion as of December 31, 2018, primarily due to an increase in accounts receivable[86]. - As of June 30, 2019, the group's current liabilities amounted to RMB 39.883 billion, an increase of RMB 1.03 billion compared to December 31, 2018[88]. - The net current liabilities decreased to RMB 15.490 billion from RMB 21.994 billion as of December 31, 2018, reflecting a reduction of RMB 6.504 billion[88]. - The current ratio improved to 0.61 from 0.45, primarily due to an increase in accounts receivable[88]. - As of June 30, 2019, the total borrowings and notes payable reached RMB 79.407 billion, an increase of RMB 3.116 billion from RMB 76.291 billion as of December 31, 2018[91]. - The net debt-to-equity ratio was 56.40%, slightly up from 56.18% as of December 31, 2018, due to a higher growth rate in debt compared to equity[96]. Operational Efficiency and Capacity - The total installed capacity of wind power in the country reached 192.69 GW, representing a year-on-year growth of 12.2%[16]. - The company plans to continue expanding its wind power capacity, with an additional 9.09 GW of wind power installed in the first half of 2019, which is an increase of 1.56 GW compared to the previous year[16]. - The total electricity generation for the first half of 2019 was 26.291 billion kWh, with wind power generation accounting for 21.445 billion kWh, an increase of 3.15% year-on-year[21]. - The average utilization hours for wind power in the first half of 2019 was 1,172 hours, a decrease of 9 hours compared to the same period of 2018, primarily due to reduced wind resources and improvements in equipment management[21]. - The average utilization hours for thermal power units in the first half of 2019 was 2,443 hours, down 113 hours from 2,556 hours in the same period of 2018[25]. - The company implemented a multi-dimensional indicator evaluation system to enhance management quality, focusing on key performance indicators such as generation difference rate and average fault downtime[21]. - The company is actively managing electricity curtailment, with a continuous reduction in curtailment levels and a focus on regions with higher curtailment ratios[21]. Strategic Initiatives and Governance - The company implemented 11 specific measures to ensure safety and production goals were met during the "100-day campaign" in the first half of 2019[20]. - The company emphasized safety and environmental responsibility, launching initiatives to enhance safety management and reduce risks[20]. - The company is committed to improving corporate governance as an essential part of creating shareholder value[108]. - The company has appointed three independent non-executive directors with appropriate professional qualifications[112]. - The audit committee has reviewed and confirmed the interim results announcement for the six months ending June 30, 2019[113]. - The company emphasizes board diversity as a key factor in achieving strategic goals and sustainable development[111]. Market and Pricing Environment - The overall electricity consumption in the country grew by 5.0%, with a notable slowdown in growth compared to the previous year[16]. - In 2019, the new approved onshore wind power project prices were set at a maximum of RMB 0.34, 0.39, 0.43, and 0.52 per kWh, depending on resource areas[18]. - The guiding price for offshore wind power projects was adjusted to RMB 0.8 per kWh in 2019 and further reduced to RMB 0.75 per kWh in 2020[18]. - The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) issued policies to promote competitive pricing for wind and solar projects, transitioning to a subsidy-free model by 2021[18]. - The guiding prices for new approved onshore wind projects in 2020 were further lowered to RMB 0.29, 0.34, 0.38, and 0.47 per kWh[18]. - The policies introduced by the NDRC and NEA aim to facilitate the transition to a market-driven pricing mechanism for renewable energy[19]. Investments and Financing - The group expanded financing channels and successfully issued two medium-term notes and three short-term financing bonds in the first half of 2019[30]. - The group focused on enhancing capital management and controlling funding costs, increasing the proportion of long-term financing to ensure the safety of the capital chain[30]. - The group implemented cost control measures, effectively reducing project costs through design optimization and strict supervision, ensuring project quality[27]. - The group obtained approval for 247.5 MW of national parity projects and secured development rights for competitive projects totaling 45 MW and distributed projects totaling 11 MW in the first half of 2019[26]. Research and Development - The company added 9 new patents in the first half of 2019, including 1 invention patent and 8 utility model patents[31]. - Increased investment in technology, focusing on floating and ultra-large offshore wind power technology research, and upgrading the renewable energy monitoring center[107]. Shareholder Information - The total share capital of the company as of June 30, 2019, is RMB 8,036,389,000, divided into 8,036,389,000 shares with a par value of RMB 1.00 each[114]. - The board of directors did not propose any interim dividend for the six months ending June 30, 2019[115]. - The National Energy Group holds 4,696,360,000 shares, representing 100% of the relevant class of shares and 58.44% of the total share capital[118]. - Wellington Management Group LLP owns 337,479,270 H shares, accounting for 10.10% of the relevant class and 4.20% of the total share capital[118]. - BlackRock, Inc. controls 270,806,135 H shares, which is 8.11% of the relevant class and 3.37% of the total share capital[118]. - JPMorgan Chase & Co. holds 251,072,564 H shares, representing 7.52% of the relevant class and 3.12% of the total share capital[118]. Legal and Compliance - There are no significant legal disputes or arbitrations involving the group as of June 30, 2019[127]. - The company has not engaged in any purchase, sale, or redemption of its listed securities during the reporting period[115].

Installed Capacity and Generation - As of the end of 2018, the installed capacity of Longyuan Power reached 21,044 MW, with wind power capacity at 18,919 MW, making it the largest wind power operator globally [46]. - In 2018, the total wind power generation was 39.542 billion kWh, an increase of 5.094 billion kWh year-on-year, representing a growth of 14.78% [49][50]. - The total installed capacity of Longyuan Power Group's wind power projects is 4,000.00 MW, with significant contributions from various subsidiaries [73]. - The company has a total installed capacity of 18,918.8 MW in wind power across 29 regions [100]. - The company has a total installed capacity of 1,215.00 MW from various wind power projects, with significant contributions from subsidiaries like Jiangyin Sulong Thermal Power Co., Ltd. and Longyuan Power Group Co., Ltd. [84]. Financial Performance - The company achieved a pre-tax profit of RMB 5.897 billion in 2018, a year-on-year increase of 7.9%, and a net profit attributable to equity holders of RMB 4.166 billion, up 8.3% [49]. - The total revenue for 2018 was RMB 26.388 billion, reflecting a year-on-year growth of 7.3% [49]. - The company reported a total of 396.50 MW from its wind power projects in Shanxi Province, with additional capacities of 198.00 MW in Anhui Province and 144.10 MW in Shaanxi Province [88][91]. - In 2018, the company achieved a net profit of RMB 4.921 billion, an increase of 8.2% compared to RMB 4.550 billion in 2017 [128]. - The wind power segment's revenue in 2018 was RMB 18.424 billion, a 14.6% increase from RMB 16.072 billion in 2017, driven by higher sales volume [162]. Operational Efficiency and Management - The average wind power utilization hours were 2,209 hours, exceeding the industry average by 114 hours [50]. - The company is committed to deepening reforms and improving management efficiency through systematic construction and advanced management practices [53]. - The company implemented strict dual control over curtailment ratio and volume, enhancing management and marketing strategies to maximize benefits [116]. - The company has established a risk prevention and control system to enhance operational safety and efficiency in wind power generation [115]. - The company is focusing on technological upgrades and equipment efficiency improvements to drive operational performance in wind farms [115]. Project Development and Expansion - In 2018, the company approved wind power projects totaling 1,710 MW, with new wind power installations of 523.5 MW [46][51]. - The company is actively expanding its renewable energy projects across various provinces in China and internationally, including Canada and South Africa [70]. - The group has a total of 7.0 GW of approved wind power projects that are not yet operational, which will support ongoing development needs during the 13th Five-Year Plan period [120]. - The company is actively pursuing market expansion through acquisitions and partnerships, enhancing its operational footprint in the renewable energy sector [84]. - The company plans to ensure that the national average wind power utilization rate exceeds 90% by 2019, with a target to control the curtailment rate below 10% [111]. Awards and Recognition - The company has been recognized as one of the "Top 500 Global New Energy Enterprises" for six consecutive years, highlighting its strong market presence [71]. - The company received the "Best Listed Company" award at the 8th China Securities "Golden Bauhinia" Awards [103]. - The company was awarded the "Demonstration Unit for Corporate Culture Construction in the National Power Industry" by the China Electric Power Enterprise Union [104]. - The company’s wind power projects in Shandong, Guangxi, and Shanghai received the "China Power Quality Engineering Award" [105]. - The company’s tidal power test station won the "Outstanding Marine Engineering" honor from the China Ocean Engineering Consulting Association [105]. Strategic Focus and Future Goals - The company plans to focus on high-quality development and innovation-driven strategies to enhance its competitiveness in the global renewable energy market [52][53]. - The company aims to increase its renewable energy capacity significantly in the coming years, aligning with national energy policies and sustainability goals [84]. - The company aims to build a world-class renewable energy company with global competitiveness by 2020, in line with national development goals [200]. - The company is committed to achieving its operational goals for 2019 by adhering to the principles of stability and progress, and by implementing an innovation-driven development strategy [200]. - The company is actively involved in the "Belt and Road" initiative, showcasing its overseas development achievements during the BRICS summit in South Africa [107].