As of January 2, 2023, it is impossible to determine whether the increase in revenue is due to the impact of depreciation or other reasons.
According to the estimated construction period, the wind power project will be connected to the grid this year and next, and the revenue growth is relatively certain. Judging from the data, there is no problem with revenue, and the logic of the entire wind power sector has not been destroyed. However, there is a big problem on the profit side, and the company did not explain the problem and made no corresponding announcement, so it is impossible to judge whether it is affected by depreciation or not. There are other reasons why increasing revenue does not increase profits.
Energy Saving Wind Power is CECEP Wind Power Co., Ltd., with the legal representative Liu Bin and a registered capital of 5.012632 million yuan. Its address is 12th floor, Building A, Energy Saving Building, No. 42, Xizhimen North Street, Haidian District, Beijing.