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Qingdao Tianneng Heavy Industries Co Ltd

Qingdao Tianneng Heavy Industries Co., Ltd. manufactures and sells wind turbine towers and related equipment in China and internationally. Its products include onshore and offshore wind power towers, offshore wind power foundations such as single piles, cages, and high pile caps, and onshore wind power anchors. The company also provides monopiles, anchor bolts, wind turbine units, wind power support foundations, and power transmission control systems, and it invests in, develops, constructs, and operates new energy projects including wind farms and photovoltaic power plants. Incorporated in 2006, it is headquartered in Jiaozhou, China.

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Tianneng Heavy Industry's 2026 interim net profit was 50.8361 million yuan, down 26.58% year-on-year

Tianneng Heavy Industry released its 2026 interim report, with net profit attributable to the parent company of 50.8361 million yuan, a decrease of 26.58% compared with the same period last year. The company's total operating revenue was 1.641 billion yuan, up 12.56% year-on-year, achieving growth for two consecutive years. Net cash flow from operating activities was negative 88.1003 million yuan, a decrease of 760.98% compared with the same period last year. The company's latest asset-liability ratio was 57.24%, gross margin was 14.35%, and diluted earnings per share was 0.05 yuan.
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Tianneng Heavy Industry Subsidiary Dezhou Xintianneng Pays Back Taxes and Late Fees of About 15.88 Million Yuan

Qingdao Tianneng Heavy Industry Company Limited's wholly-owned subsidiary Dezhou Xintianneng New Energy Company Limited recently conducted a self-inspection and needs to pay back taxes and late fees totaling 15,879,209.58 yuan. As of the disclosure date of the announcement, the above amount has been fully paid, and this back tax payment does not involve administrative penalties.
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Tianneng Heavy Industries Appoints Zhuo Jie as Chief Financial Officer

Qingdao Tianneng Heavy Industries Co., Ltd. held a board meeting on July 22, 2026, and approved the appointment of Ms. Zhuo Jie as the company's chief financial officer. Ms. Zhuo Jie was born in 1984, holds a bachelor's degree, and is a senior accountant. She joined the company's finance department in March 2012 and has served as the head of the finance department since September 2018. She directly holds 62,772 shares of the company, accounting for 0.01% of the total share capital, and has no related relationships with shareholders holding more than 5% of shares, the actual controller, or other directors and senior management. Her term of office starts from the date of approval by this board meeting and ends upon the expiration of the fifth board of directors.
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