Baichuan Changyin announced that from January to September 2026, the company's revenue was 234 million yuan, down 22.34% year on year; net loss attributable to shareholders of listed companies was 99 million yuan, net loss of 76 million yuan for the same period last year; after deducting non-net loss of 97 million yuan, net loss of 73 million yuan for the same period last year. The main reason for the loss in performance was that the domestic biogas power generation business continued to shrink due to waste incineration replacement and insufficient landfill gas. The profitability of the main business weakened, and expenses such as interest expenses intensified the erosion of profits. As of November 2, 2026, Baichuan, a subsidiary of the company, had multiple records of untrustworthy executees and executees in the future. The total amount of execution targets was 19.25 million yuan. CSIC Pengyuan maintained the BBB+ credit rating of the main body of the company and “Baichang Convertible Bonds”, and the rating outlook is stable.

Baichuan Changyin announced that from January to September 2026, the company's revenue was 234 million yuan, down 22.34% year on year; net loss attributable to shareholders of listed companies was 99 million yuan, net loss of 76 million yuan for the same period last year; after deducting non-net loss of 97 million yuan, net loss of 73 million yuan for the same period last year. The main reason for the loss in performance was that the domestic biogas power generation business continued to shrink due to waste incineration replacement and insufficient landfill gas. The profitability of the main business weakened, and expenses such as interest expenses intensified the erosion of profits. As of November 2, 2026, Baichuan, a subsidiary of the company, had multiple records of untrustworthy executees and executees in the future. The total amount of execution targets was 19.25 million yuan. CSIC Pengyuan maintained the BBB+ credit rating of the main body of the company and “Baichang Convertible Bonds”, and the rating outlook is stable.