China Longyuan Power Group Corporation Limited reported audited results for the year ended 31 December 2025.

Revenue fell 3.8% year-on-year to RMB30.25 billion, mainly due to lower average on-grid tariffs and utilisation hours in the wind segment, partly offset by higher power output from solar projects.

Profit before tax declined 29.3% to RMB7.26 billion. Net profit attributable to shareholders decreased 27.9% to RMB4.64 billion, translating into basic earnings per share of RMB0.5548.

Operating metrics showed consolidated wind and solar generation of 76.47 TWh, up 1.22%. Consolidated installed capacity reached almost 46 GW after adding 4.85 GW during the year; wind accounted for 32.15 GW and solar 13.84 GW.

Average wind utilisation hours slipped to 2,052 (-138 hours year-on-year) while the average on-grid tariff dropped to RMB475/MWh (-RMB52). Solar tariff averaged RMB318/MWh (-RMB17).

Total assets increased 2.8% to RMB265.08 billion; net assets per share rose to RMB8.94. The net gearing ratio edged up to 63.3%. Capital expenditure amounted to RMB21.07 billion, with RMB13.13 billion directed to wind and RMB7.94 billion to solar.

The Board recommends a final cash dividend of RMB0.0625 per share (before tax), in addition to the interim dividend of RMB0.10 already paid, bringing full-year dividends to RMB0.1625 per share.

Looking ahead, the Company targets 4.5 GW of new capacity construction and grid-connection in 2026, focusing on large-scale base projects, offshore wind and overseas expansion while maintaining “three stabilities, four improvements and five leaderships” as its operational roadmap.