Xiehe New Energy (00182): Its wholly-owned subsidiary has received a total of 260 million yuan in subsidies for renewable energy this year.
The Zhitong Finance and Economics APP reported that Accord New Energy (00182) announced that as of the date of this announcement, its wholly-owned subsidiary received approximately RMB 260 million in renewable energy subsidies for the current year, an increase of about 200% compared to the same period last year, accounting for 157% of the total renewable energy subsidies obtained by its wholly-owned subsidiary for the whole year of 2024. The group's joint venture companies received a total of approximately RMB 600 million in renewable energy subsidies, an increase of about 318% compared to the same period last year, accounting for 219% of the total renewable energy subsidies obtained by the joint venture companies for the whole year of 2024. According to the group's equity ratio in the joint venture companies, it is expected to receive approximately RMB 230 million in subsidies for renewable energy generated by the joint venture companies.
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