Jiangsu Xinneng announced that net profit attributable to owners of the parent company is expected to be around 133 million yuan in the first half year of 2026. Compared with the same period last year, it will decrease by about 149 million yuan, or about 53% year-on-year. Domestic wind resources in Jiangsu Province were weak year-on-year during the reporting period, compounded by the adverse effects of an increase in the electricity limit rate and a slight decline in electricity prices, and the company's operating income declined year on year. Due to industry tax policy adjustments, onshore wind power projects will no longer enjoy the preferential policy of immediate levy and 50% refund of VAT from November 2025.

Jiangsu Xinneng announced that net profit attributable to owners of the parent company is expected to be around 133 million yuan in the first half year of 2026. Compared with the same period last year, it will decrease by about 149 million yuan, or about 53% year-on-year. Domestic wind resources in Jiangsu Province were weak year-on-year during the reporting period, compounded by the adverse effects of an increase in the electricity limit rate and a slight decline in electricity prices, and the company's operating income declined year on year. Due to industry tax policy adjustments, onshore wind power projects will no longer enjoy the preferential policy of immediate levy and 50% refund of VAT from November 2025.