On February 22, Jiangsu New Energy Development Co.Ltd(603693) released the performance express for 2021. During the reporting period, the company achieved a total operating revenue of 1856732000 yuan, a year-on-year increase of 20.04%; The total profit was 462.2185 million yuan, a year-on-year increase of 107.19%; The net profit attributable to shareholders of listed companies was 309343900 yuan, a year-on-year increase of 101.24%.
For the main reasons for the performance growth, Jiangsu New Energy Development Co.Ltd(603693) said that wind power is the company’s core business. The situation of wind resources in Jiangsu in 2021 is better than that in the same period of last year, and the utilization hours of the company’s wind power projects increased year-on-year; Meanwhile, with Xinyang and Huai’an onshore wind power projects put into operation at the end of 2020, the delivery of 40% equity of Datang Guoxin Binhai offshore wind power Co., Ltd. was completed in November 2021. Rudong h2# offshore wind power project was fully connected to the grid in early December 2021, and the company’s wind power installed capacity increased year-on-year. Therefore, the company’s wind power business performance increased significantly year-on-year.
