Summary by Futu AI
China Longyuan completed a generating capacity of 6,073,467 megawatt-hours in November 2024, a decrease of 19.35% year-on-year. Among them, wind power generation decreased by 13.34%, mainly due to a greater decrease in wind speed in November compared to the same period last year; other wind power generation increased by 51.82%. As of November 30, 2024, the cumulative generating capacity reached 68,817,327 megawatt-hours, an increase of 0.49% year-on-year. Wind power business declined in several regions, with Inner Mongolia dropping by 22.69%, Gansu dropping by 33.41%, and Shandong dropping by 48.29%. However, in some regions such as Fujian and Guangxi, wind power generation increased by 20.89% and 108.00% respectively. The growth of other renewable energy businesses is significant, with a cumulative growth of 77.90%. Since October 2024, the company no longer has new coal-fired power generation capacity. The company will continue to focus on the development of renewable energy, expecting more growth opportunities in the future.