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CONCORD NE (00182.HK) spent HKD 4.26 million to repurchase 8.97 million shares on February 28.
On February 28, Gelonghui announced that CONCORD NE (00182.HK) spent HKD 4.26 million to repurchase 8.97 million shares.
Express News | Concord New Energy (0182.hk) Released 2024 Annual Results: Revenue Steady Growth in Power Generation Sector, Continuous Increase in Revenue and Power Generation Profit
The year of the "turning point" for the new energy power generation Industry, CONCORD NE (00182.HK) strategic layout and achievements.
According to the CHINA POWER Enterprise Union, by the end of 2024, China's installed capacity of renewable energy generation, mainly from wind and CECEP Solar Energy, will reach 1.45 billion kilowatts, surpassing the installed capacity of thermal power for the first time; in 2024, the combined newly installed capacity of wind and solar power will be 0.36 billion kilowatts, accounting for 82.6% of the total new installed generation capacity. These two sets of data not only indicate that the pace of China's energy green transformation is continuing to accelerate, but also signify that the country's renewable energy generation industry is entering an important 'turning point,' with renewable energy officially becoming a key force in the power supply sector. The current NENGYUANHANGYE is facing challenges.
CONCORD NE (00182.HK) suggests a secondary listing on the Singapore Exchange.
On February 27, Gelonghui reported that CONCORD NE (00182.HK) announced that the company intends to promote a proposal to introduce its issued ordinary shares and the ordinary shares that may be issued under the company's adopted share incentive plan for a secondary listing on the Main Board of the Singapore Exchange. Absent unforeseen circumstances, the company plans to submit an application for the proposed secondary listing around March 31, 2025. It is anticipated that the proposed secondary listing will not involve the issuance of any new shares or other fundraising actions. If the proposed secondary listing is completed, the issued ordinary shares will continue to be listed and traded on the Stock Exchange. The Directors believe that completing the proposed...
Express News | Concord New Energy Group Ltd - Proposed Secondary Listing on Singapore Exchange
A visual guide to understanding CONCORD NE (00182.HK) financial performance for the fiscal year 2024.
On the evening of February 27, CONCORD NE (00182.HK) announced its financial performance for the fiscal year 2024. In 2024, the company's revenue was RMB 2.752 billion, a year-on-year increase of 6.31%; the profit attributable to Shareholders during the period was RMB 0.805 billion; the basic earnings per share were RMB 10.06 cents, with a proposed final dividend of HKD 0.035 per ordinary share, and the debt-to-asset ratio dropped to 72.28%, significantly improving liquidity. During the reporting period, the average financing cost for new withdrawals by the Group has decreased to 3.43%, and the Group's overall financing cost has declined to 3.98%, both at historical lows. The following will be
