Summary by Moomoo AI
LONGYUAN POWER GROUP CO., LTD. RELEASED POWER GENERATION DATA FOR JANUARY 2024, SHOWING THAT THE COMPANY AND ITS SUBSIDIARIES COMBINED REPORTED A TOTAL OUTPUT OF 6,990,891 MW, AN INCREASE OF 2.10% YEAR-ON-YEAR. Detailed analysis shows that the wind power generation business decreased by 8.36% compared to the same period last year, while the pyroelectric business grew by 40.42% and the other renewable energy business grew by a significant 275.75%. The data reflected the company's trend in various energy segments, where wind power businesses declined in some regions, but growth in pyrotechnic and other renewable energy businesses offset the decline. The Board of Directors made this announcement on 7 February 2024, issued on behalf of the Company by Mr. Tang Kin, Chairman.