Jiangsu Linyang Energy reports H1 2025 operating data, strategic shifts

Jiangsu Linyang Energy Co., Ltd. reported H1 2025 operating revenue of CNY 2.48 bn, a 28.35% decrease year-on-year. Net profit attributable to shareholders was CNY 323.97m, down 45.88% from the previous year, primarily due to reduced revenue from energy storage businesses and power station sales. Despite the decline in profitability, the company actively progressed its strategic initiatives across smart grid, new energy, and energy storage segments, as outlined in its half-year report.

The company's new energy power stations generated 85,160.70m kWh in the first half of 2025, with a cumulative generation of 1,511,916.15m kWh. The board of directors approved the H1 2025 report and a 2025 "Quality and Efficiency Improvement, High Returns" action plan. This plan emphasizes a continued commitment to stable dividends, with a payout ratio exceeding 50% of net profit, and sustained investment in R&D, totaling CNY 269m in 2024.

Additionally, the company adjusted its investment strategy for certain photovoltaic power station projects due to land use changes and market conditions, leading to the termination of some projects and reallocation of funds. These changes, alongside various corporate governance updates, aim to optimize asset structure and enhance capital efficiency, reinforcing the company's commitment to high-quality development and investor returns.