China Suntien Green Energy (00956) released preliminary operating data for February 2026, revealing divergent trends across its power generation and natural gas segments.

Electricity Generation • February output reached 1.35 million MWh, down 4.65% year on year, as weaker wind resources offset solar gains in key provinces. • Cumulative January–February generation climbed 5.60% to 3.09 million MWh. • Wind power contributed 3.05 million MWh for the two-month period, up 5.79% YoY, driven by solid growth in Hebei (+8.38%), Jiangxi (+24.50%) and Shaanxi (+23.78%), which together offset double-digit declines in Shanxi, Xinjiang and Inner Mongolia. • Solar power delivered 48.47 thousand MWh year-to-date, down 5.21% despite strong expansion in Hebei (+29.72%) and Shaanxi (+206.23%), as February production slid 21.89% versus a high base in 2025.

Natural Gas Transmission and Sales • February gas transmission/sales volume fell 44.79% YoY to 406.25 million cubic meters, with sales (363.37 million m³) down 46.52% and third-party transport (42.88 million m³) down 24.02%. • Cumulative January–February volume dropped 20.07% to 1.13 billion m³. Sales accounted for 1.03 billion m³, declining 20.35%, while transport on behalf of clients slipped 17.01% to 96.93 million m³. • Within sales, wholesale gas slid 27.20% to 548.67 million m³, retail gas decreased 14.17% to 331.02 million m³, and CNG fell 15.36% to 7.28 million m³. LNG sales stabilized at 14.54 million m³, down 1.87% YoY.

Operational Takeaways 1. Renewables Resilience: Year-to-date growth in wind output, particularly in Hebei, Jiangxi and Shaanxi, underpinned the 5.60% increase in total power generation despite February’s softer wind conditions. 2. Solar Volatility: Solar power remains a small but expanding component; sharp monthly fluctuations highlight sensitivity to seasonal irradiance and project ramp-up schedules. 3. Gas Headwinds: A pronounced contraction in February gas volumes—especially in wholesale and LNG—dragged the two-month tally 20.07% lower, indicating subdued demand or supply adjustments in the gas segment.

All figures are based on management’s preliminary statistics and may differ from those disclosed in subsequent interim or annual reports.