Yinlong Corporation: The company is fully advancing the construction of a 150MW wind power project in Hejian, Hebei and a flywheel energy storage frequency regulation project in Shanxi.

NightAirdropper · 2026-03-21T23:06:36+00:00

Yinlong Co., Ltd. stated on the investor interaction platform that its new energy business is steadily expanding, with major breakthroughs achieved in wind power and photovoltaic sectors. Currently, new energy revenue accounts for a relatively small proportion. The company will prioritize developing new energy through organic growth, while prudently evaluating M&A opportunities to optimize its business layout.

NightAirdropper

2026-03-21 23:06:36

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Everyday Economic News AI Express, an investor asked on the investor interaction platform: Secretary of the Board, the company mentioned “dual-wheel drive” in the fields of wind power concrete towers and photovoltaic supports. What is the current revenue target share for new energy business? Is there a plan to accelerate growth in this sector through mergers and acquisitions?

Yinlong Co., Ltd. (603969.SH) stated on March 20 on the investor interaction platform that the company’s new energy business is in a steady expansion stage. The prestressed materials products have achieved breakthroughs in emerging fields such as wind power concrete towers and large-span flexible photovoltaic supports, with sales significantly increasing year-on-year. The company is actively promoting the construction of the 150MW wind power project in Hejian, Hebei, and the flywheel energy storage frequency regulation project in Shanxi. Currently, the revenue from new energy business does not constitute a high proportion of the company’s overall revenue. Regarding mergers and acquisitions, the company maintains a proactive yet cautious attitude towards expanding new business, adhering to a prudent development investment approach, prioritizing endogenous growth and strategic synergy to promote the development of the new energy sector. The company also continues to monitor industry trends, selecting new energy projects in advantageous regions for investigation and development. If suitable opportunities arise, they will be carefully evaluated to optimize industrial layout.

(Reporter Zhang Mingshuang)

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