China Resources New Energy H1 2026 Revenue RMB 12.63 Billion, Net Profit RMB 3.31 Billion

China Resources New Energy disclosed its 2026 interim report on the evening of August 25, 2026. During the reporting period, the company achieved operating revenue of RMB 12.632 billion and net profit attributable to shareholders of the listed company of RMB 3.312 billion.

As of the end of June 2026, the company's controlled grid-connected installed capacity reached 45.01 million kilowatts, of which wind power accounted for 29.22 million kilowatts, or 65%, and solar power accounted for 15.79 million kilowatts, or 35%. The company completed cumulative electricity sales of 35.526 billion kilowatt-hours, an increase of 3.75% year-on-year.

In the first half of 2026, the wind power business achieved operating revenue of RMB 10.087 billion, accounting for 79.85% of total revenue. The solar business achieved operating revenue of RMB 2.305 billion, up 31.78% year-on-year.

In terms of operations, the company's wind power utilization hours were 1,022 hours, about 105 hours higher than the national average; solar utilization hours were 580 hours, about 53 hours higher than the national average. In the first half of 2026, the company's gross margin remained above 45%.