Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) released the performance forecast. The company expects to realize the net profit attributable to the owners of the parent company in the first quarter of 2022 to be 174.8 million yuan – 209.8 million yuan, an increase of 629.57% – 775.65% year-on-year. During the reporting period, the power generation of the company’s hydropower projects increased compared with the same period of last year. The new wind power projects were put into operation for power generation and the acquisition of hydropower project assets generated income, and the performance increased compared with the same period of last year.
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