Summary by Moomoo AI
LONGYUAN POWER GROUP CO., LTD. ANNOUNCED THAT IN FEBRUARY 2024, THE COMPANY AND ITS SUBSIDIARIES COMPLETED THE GENERATION CAPACITY OF 6,476,274 MW, AN INCREASE OF 9.56% COMPARED TO THE SAME PERIOD IN 2023. Among them, the wind business grew by 8.81%, the pyroelectric business decreased by 19.69% and the other renewable energy business grew by a significant 191.96%. By the end of February 2024, the company's cumulative power generation was 13,467,165 MW, an increase of 5.55% year-on-year. The growth was mainly driven by strong growth in other renewables, reaching 231.30%, despite a decline in the wind business. Detailed data showed that Jiangsu offshore wind and Guizhou wind power business performed well, while Inner Mongolia and Hebei wind power business declined. The Company's Board of Directors issued this announcement on March 8, 2024.