Events:

According to the company's preliminary statistics, in September 2022, the company completed 219.61 megawatt hours of electricity generation according to the consolidated statement, an increase of 37.25% over the same period in 2021. Of these, wind power generation was 204.64 megawatts, an increase of 39.46 percent over the same period in 2021, and photovoltaic generation was 149700 megawatts, an increase of 12.74 percent over the same period in 2021.

As of September 30, 2022, the company had completed a total of 2016.68 megawatt-hours of generating capacity in 2022, an increase of 6.71% over the same period in 2021. Of this total, wind power generation was 18.9407 million megawatts, an increase of 5.25 percent over the same period last year in 2021, and photovoltaic generation was 122.61 megawatts, an increase of 37.63 percent over the same period in 2021.

Comments and viewpoints:

Northerly wind resources continued to improve in September, and power generation performed well:

From a sub-regional point of view, in September, wind resources in the northern region, especially the "three north" areas, improved significantly, and wind power generation increased significantly compared with the same period last year. Among them, wind power generation in Inner Mongolia / Heilongjiang / Jilin / Liaoning Province increased by 48.64%, 137.26%, 271% and 53.13%, respectively. Based on the wind conditions from August to September, the company's wind power utilization hours are expected to improve in the second half of 2022.

The advantages of the "three north" regions are obvious, and the logic of long-term investment remains unchanged:

The company's stock power station is located in the "three north" high-quality wind resources area, the regional advantage is obvious.

And as the new energy platform of the five major power generation groups-Datang Group, the background of central enterprises, the company has significant advantages in terms of resource access, financing channels and subsidy rebates.

The reserve of the project is abundant, and the speed of new installation is increased:

The target for 2022 is to add new energy installed 2GW, and most of them are expected to be concentrated in production in the fourth quarter.

The company actively obtains high-quality projects, and the current project reserves are abundant. According to the company's 14th five-year New Energy Development Plan, it is expected that the follow-up new installation will be significantly accelerated, which is good for the company's performance growth.

Overall, the company's operating data continues to improve, regional advantages are significant, and performance growth is expected.