GD Power reports Q3 revenue decline, proposes 20 bn yuan bond issue

GD Power Development Co., Ltd. has released its Q3 2025 report, revealing a total operating revenue of 125,205,417,080.33 yuan year-to-date, a decrease of 6.47% compared to the previous year. Net profit attributable to shareholders decreased by 26.27% to 6,776,779,903.10 yuan. The company’s total assets as of September 30, 2025, increased by 4.84% to 517,828,360,037.58 yuan.

The board of directors approved the issuance of up to 20 billion yuan in medium-term notes (MTNs) to optimize debt structure, fund project investments, and supplement working capital. This proposal will be presented at the third extraordinary general meeting of shareholders on November 13, 2025, which will include both online and in-person voting.

In conjunction with these announcements, GD Power will host an online investor relations meeting on November 4, 2025, from 9:00 AM to 10:00 AM to discuss the Q3 financial results and address shareholder questions. The company encourages investors to submit questions in advance via email or through the SSE Roadshow Center.