HENGYUN GROUP(SZ:000531) Zheng Quan Shi Bao Wang·2025-10-08 12:44Core Viewpoint - The company, Suihengyun A, reported asset damage to its solar projects due to Typhoon "Hagupit," with estimated losses potentially exceeding 10% of its projected net profit for 2024 [1][2]. Group 1: Impact of Typhoon - The typhoon caused damage to various components of the 500MW fish-solar complementary photovoltaic project, including modules, inverters, and support structures [1]. - The company has initiated damage assessment and insurance claims to mitigate the financial impact of the losses [3]. Group 2: Project Details - The 500MW project, located in Taishan, covers nearly 6,500 acres and has a total static investment of approximately 2.16 billion [2]. - The first phase of the project (200MW) began in 2019, with Suihengyun A holding a 60% stake, while the second phase (300MW) started in 2020, with a 55% stake [2]. Group 3: Financial Performance - The first phase generated revenue of 93 million and a net profit of 34.42 million, while the second phase achieved revenue of 132 million and a net profit of 46.28 million [3]. - Overall, the revenue contribution from these projects to Suihengyun A's total revenue is relatively low [3]. Group 4: Emergency Response - Prior to the typhoon, the company activated its emergency response mechanism, implementing preventive measures and forming a rescue team [3]. - Post-typhoon, the company has begun recovery efforts, including damage cleanup and maintenance [3].