On February 9, 2026, Shouhang Gaoke Energy Technology Co., Ltd. held an annual summary meeting with the theme of "Unite and Converge to Ride the Wave of Solar Thermal Energy, Climb Over Obstacles and Reach New Heights in Shouhang". The company's chairman and general manager, Huang Wenbo, as well as the management team, department heads, and representatives of all employees gathered together to review the hard work journey of 2025, deeply interpret the new opportunities of the national energy strategy, and comprehensively plan the development blueprint for the first year of the "15th Five-Year Plan".

 

 

 

 

Vice Chairman and Vice General Manager Huang Qingle delivered the annual work report

 

Vice Chairman and Vice General Manager Huang Qingle analyzed and planned the company's business from the perspectives of industry background and national policies.

 

 

Under the guidance of the "carbon neutrality" strategy, in 2025, Shuangcai High-tech achieved multiple breakthroughs in core technologies of concentrated solar power and energy storage. The project "Key Technologies for the Domestic Manufacturing of High-Energy Solar Absorption Materials and Heat Absorbers for Tower-Type Concentrated Solar Power Generation" in which they participated won the first prize for scientific and technological progress in Gansu Province, and successfully promoted several major concentrated solar power generation projects such as the Qitaihe project of the Three Gorges.

 

 

Looking ahead to 2026, as the country has set a target of achieving 15 million kilowatts of solar thermal power capacity by 2030, the company is expected to gain broader development opportunities in the "Sand Gobi Desert" large-scale base and the energy cooperation under the "Belt and Road Initiative". The key points for future development have also been elaborated: 

1. Focus on concentrating solar power generation, air-cooling systems, and energy storage technologies, and provide integrated solutions. 

2. Domestic expansion involves "cooperative development + entrusted operation" projects, EPC projects and zero-carbon park projects; overseas, we are promoting the implementation of photothermal projects. 

3. Centered on "improving efficiency, reducing consumption, and maintaining stable operation", enhance the efficiency of existing projects and build professional operation and maintenance capabilities. 

4. Accelerate the transformation of technological achievements in the context of "cost reduction and efficiency improvement", improve the intellectual property rights and standard systems, and consolidate the core advantages.

 

General Manager Bi Chengye of the Enterprise Development and Overseas Business Division made a speech

 

 

Bi Chengye, the general manager of the enterprise and overseas division, pointed out that the current policy-driven approach has brought a golden development period to the concentrated solar power industry. However, attention should be paid to the challenges of technological route competition and cost control. The enterprise should focus on "cost reduction and efficiency improvement" and "multi-scenario application" as key breakthrough points to seize strategic opportunities and cope with industry changes.

 

General Manager Qi Zhipeng of the R&D Center made a speech

 

 

General Manager Qi Zhipeng of the R&D Center explained the basic principles of tower-type solar thermal energy and its concentrating and collecting heat technology, in order to enable the company's employees to better understand the company's business. During the explanation, he also presented the outstanding achievements and good news obtained in the company's projects, and elaborated on the next steps of the research and development based on the market situation.

 

Li Huili, the general manager of the air-cooling division, made a speech

 

 

Li Huili, the general manager of the Air Cooling Division, presented a report on the air cooling business segment from the perspectives of air cooling technology, air cooling industry performance, and technological innovation. 

It is pointed out that Shouhang Hi-tech is one of the leading manufacturers of power station air cooling systems in the world. They have delivered a total of 259 air cooling units, with a total installed capacity exceeding 96,000 MW. Each year, they can save approximately 1.3 billion tons of water. Their technology is particularly suitable for regions with abundant coal resources but scarce water, effectively changing the mode of relying on water sources for power station layout and helping to optimize the allocation of energy resources.

 

Hui Chao, the general manager of Guangtai Company, made a speech

 

 

Hui Chao, the general manager of Guangrao Company, elaborated on the achievements and future development direction of Guangrao Company in 2025 from aspects such as the market environment of concentrated solar power, industry challenges, and project development. He also pointed out that in the face of challenges, Guangrao Company will continue to deeply focus on the concentrated solar power field, strengthen the construction of the research platform, and enhance its core competitiveness.

 

General Liu Fuguo of Dunhuang Company made a speech

 

 

General Manager Liu Fuguo of Dunhuang Company pointed out in his report that in 2025, the company's power generation operation performance was outstanding, with the power generation volume reaching a new historical high. Moreover, the power generation efficiency continued to improve, and the amount of power discarded due to lack of sunlight decreased year-on-year. In terms of project expansion, the company successfully completed the trial operation and handover of photothermal projects such as Geermu and Haitai. All the projects achieved full-load stable operation, fully verifying the company's technical reliability and professional operation and maintenance capabilities in complex environments such as high altitudes and extreme cold. 

Liu Fuguo stated: In the past year, Dunhuang Company achieved outstanding results in the industry through its tenacious and practical efforts. In the new year, it will continue to work diligently with a scientific attitude and a pragmatic style, and continue to write a brand-new and glorious chapter in the development of the solar thermal industry.

 

Li Jie, the director of the equipment installation workshop, made a speech

 

 

Li Jie said: Since joining HNA in 2005, I have been with the company for 21 years. I truly feel that I am a "HNA employee". This experience has made me firmly believe that as long as we unite as one and overcome difficulties, we will be able to continuously meet challenges and achieve breakthroughs.

 

Chairman and General Manager Huang Wenbo made a speech

 

Chairman Huang Wenbo delivered an important strategic speech with the theme of "Unite and Converge to Ride the Wave of Light and Heat, Overcome Difficulties and Reach New Heights in the First Voyage". He comprehensively summarized the achievements of the 2025 campaign, deeply analyzed the policy opportunities in the industry, systematically deployed four major hard tasks for 2026, and called on all Haigao employees to seize the golden development period of photothermal energy, and with practical actions, create a new situation for the company's high-quality development. The company's management team, key personnel from various business units, and employee representatives attended the meeting. They recalled the journey of struggle, discussed development plans, and embarked on a new chapter of progress.

 

 

In his speech, Chairman Huang Wenbo pointed out that Shanghang Hi-Tech has endured 25 years of ups and downs and has always adhered to the corporate spirit of "The first voyage, leading the way" and "Together with Shanghang, develop together". It has persisted in assessing the situation, making preparations in advance, and acting in accordance with the trend. In the wave of energy transformation, it has continuously made breakthroughs and moved forward. He emphasized that the newly implemented "National Energy Law" has explicitly supported the active development of concentrated solar power through legislative means, incorporating solar thermal power into the legal framework of national energy; the 1645 document issued by the National Development and Reform Commission and the Ministry of Energy precisely delineated the industrial blueprint, clearly setting a target of 15 million kilowatts of installed capacity by 2030. The dual support of legal determination and policy implementation marks that concentrated solar power is entering an unprecedented development boom and golden opportunity period. 

Looking back to 2025, Chairman Huang Wenbo succinctly summarized the entire year's work as "maintaining strategic direction and tackling tough tasks with tactics". In the face of complex international situations, industry transformation pressures and market competition challenges, all the members of Shanghang Company overcame difficulties and forged ahead with determination, delivering a solid and stable performance report. 

The achievements in technological innovation are remarkable. 

39.2 square meters of new parabolic mirrors, next-generation heat absorbers, and breakthroughs in key technologies such as solar energy absorption materials for tower-based concentrated solar power generation have been achieved. The project on high-entropy solar energy absorption materials for tower-type concentrated solar power generation has won the first prize for scientific and technological progress in Gansu Province. The thermal chemical energy storage technology has reached the industry-leading level. The air-cooling business is globally leading, with a cumulative delivery of 259 units and a total installed capacity exceeding 96,000 MW. With core technologies, "Shouhang Intelligent Manufacturing" is firmly established. 

Project delivery and market expansion are reporting success stories frequently. 

The Qiaotu Geermu, Turpan Haite and Guangre Thermal Power Projects have been successfully connected to the grid. The power generation capacity of Dunhuang's Unit #2 has reached an all-time high. The Feicheng Energy Storage Project has received support from the national ultra-long-term special bonds. The overseas business covers multiple countries in Asia, Europe, Africa and Latin America. China's thermal power technology has entered the global stage. The front-line team has demonstrated its responsibility. The Jinghe Project Department has efficiently completed the installation of heliostats. The maintenance personnel in Dunhuang have remained at the high-altitude and extremely cold front. All departments have worked collaboratively and fought hard, forming the most precious spiritual wealth of Shanghang Gaokeshi. 

Standing at the crucial juncture of the "15-16" planning period, Chairman Huang Wenbo emphasized that in 2026, the company will maintain its strategic stance unchanged while upgrading its tactics, and will fully tackle four major tough battles: 

 

1. Winning the tough battle of technological industrialization, accelerating the transformation of core technologies, and unleashing the value of innovation; 

 

2. Win the tough battle of market expansion. Seize the opportunities presented by the "Sahara Desert" base and the construction of zero-carbon parks, and achieve a coordinated breakthrough in both domestic and international markets. 

 

3. Win the battle for improving operational efficiency. Treat the recovery of accounts receivable as the "top priority task", and enhance power generation efficiency and asset benefits. 

 

4. Win the tough battle of team building, improve the incentive mechanism, and cultivate a high-quality elite team. 

The journey is long, but the wind is strong; the heavy responsibility awaits us to set off again. This annual meeting unified thoughts, consolidated consensus, and inspired morale, guiding the direction for Shanghang Gaoke's high-quality development in 2026. In the new year, Shanghang Gaoke will ride the policy wind, seize the opportunity, and forge ahead with determination. With photothermal power generation as the core engine, it will contribute Shanghang Gaoke's strength to the national "carbon neutrality" strategy and the construction of the new power system.