CSRC approves China Resources New Energy's IPO registration on Shenzhen Stock Exchange.

On May 15th, the China Securities Regulatory Commission issued a reply approving the initial public offering of shares by China Resources New Energy Holdings Co., Ltd. It is reported that China Resources New Energy plans to be listed on the main board of the Shenzhen Stock Exchange, with CICC and CITIC SEC as its sponsoring institutions, aiming to raise 24.5 billion yuan. The prospectus shows that China Resources New Energy was founded in 2010, with its main business being investment, development, operation, and management of wind power and CECEP Solar Energy power stations, with electricity as its main product. During the reporting period, the company continuously expanded its installed capacity through its competitive advantages, with its operating scale continuously growing, giving it a high market position and extensive market influence. The company is actively expanding its wind power and CECEP Solar Energy power business, with its main assets covering 31 provinces (autonomous regions, municipalities directly under the Central Government, special administrative regions) in China, and power stations located in areas with rich wind and solar resources. As of the end of the reporting period, the company's controlled grid-connected installed capacity for power generation projects was 41,589.99 MW, including 27,630.7 MW from wind power projects and 13,959.92 MW from CECEP Solar Energy power projects. The company is closely focusing on the national "dual carbon" strategy, accelerating the increase in the scale of new energy power generation, continuously strengthening its operational management capabilities, and maintaining its profit-making ability at the forefront of the industry.