China Longyuan Power Group Corp Ltd Class H

00916: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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No Reprieve for China's Renewable Utilities Even as Subsidy Collection Appears to Improve

Chokwai Lee

Nov 2, 2026

Cumulative nine-month net profits at China Longyuan, China Suntien Green Energy, China Three Gorges Renewables, and Datang Renewable fell 36%, 16%, 67%, and 75% year over year, respectively. Suntien’s smaller decline was supported by its diversified gas business.

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China Longyuan Power Group Corp Ltd Class H

No Reprieve for China's Renewable Utilities Even as Subsidy Collection Appears to Improve

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