Wind power: Net profit will be a loss of 989 million yuan by 2025.

Electric Wind Power released its performance report, the company's total operating revenue for the year 2025 was 13.681 billion yuan, a year-on-year increase of 31.07%; net profit was a loss of 0.989 billion yuan, compared to a loss of 0.785 billion yuan in the same period last year. During the year 2025, the company continued to strictly control expenses, with the expense ratio decreasing by 4 percentage points compared to the same period last year. At the same time, the company's joint ventures in which it invested performed well in this period, resulting in a significant increase in investment income compared to the same period last year. Although the company focused on controlling costs and increasing efficiency, due to intensified competition in the offshore wind power market, the selling prices of the company's offshore wind turbine products decreased compared to the previous year. In addition, delays in the construction progress of some offshore wind power projects led to a slowdown in the delivery of offshore wind turbine sales orders, which were not able to be converted into sales revenue as planned.