Xin Lang Cai Jing·2025-08-26 09:12Core Viewpoint - Longyuan Power is actively expanding its renewable energy projects, particularly in wind and pumped storage power generation, while facing a decline in revenue and net profit in the first half of 2025 [2][6]. Company Overview - Longyuan Power Group Co., Ltd. is primarily engaged in wind and photovoltaic power generation, with its main products being electricity and heat [2][5]. - The company was established on January 27, 1993, and was listed on January 24, 2022 [5]. - The revenue composition of Longyuan Power is 99.22% from electricity products and 0.78% from other sources [5]. Recent Developments - Longyuan Power has signed a framework agreement with the People's Government of Tieli City, Heilongjiang Province, to develop a 353 MW renewable energy project [2]. - The company has an operational wind power capacity of 1,590,800 kW in Xinjiang [2]. Financial Performance - For the first half of 2025, Longyuan Power reported a revenue of 15.657 billion yuan, a year-on-year decrease of 17.09%, and a net profit attributable to shareholders of 3.375 billion yuan, down 11.82% year-on-year [6]. - The company has distributed a total of 5.978 billion yuan in dividends since its A-share listing, with 4.746 billion yuan distributed in the last three years [7]. Shareholder and Market Activity - As of June 30, 2025, the number of shareholders increased to 41,000, with an average of 0 circulating shares per person [6]. - The main net inflow of funds today was 2.9513 million yuan, accounting for 0.03% of the total, with a ranking of 21 out of 102 in the industry [3][2].