Beijing Holdings Clean Energy Group Co., Ltd. was formerly known as Jincai Holdings Co., Ltd. On November 29, 2012, Jincai Holdings Limited was incorporated in the Cayman Islands as an exempted limited company with an authorized share capital of HK$380,000 (38,000,000 shares with a face value of HK$0.01 per share). Ms. Huang Li is the actual controller and holds 100% of the shares. On February 14, 2013, the issuer was registered as a non-Hong Kong company with the Hong Kong Companies Registry in accordance with the provisions of Part XI of the original Hong Kong Companies Ordinance. On July 5, 2013, Jincai Holdings Limited publicly offered 32,000,000 shares and placed 48,000,000 shares (HK$0.01 per share) at a price of HK$0.82 per share and was listed on the main board of the Hong Kong Stock Exchange. Stock abbreviation: Jincai Holdings, stock code: 1250.HK. On March 4, 2015, the issuer held a special shareholders' meeting and resolved to split the issued and unissued shares with a face value of HK$0.01 per share in the company's share capital into 10 shares with a face value of HK$0.001 per share. The share split became effective on March 5, 2015. After entry into force, the company's authorized share capital was HK$20,000,000 (20,000,000,000 shares, HK$0.001 per share), of which 3,200,000 shares have already been paid. On May 4, 2015, the issuer held a special shareholders' meeting and resolved to increase the company's authorized share capital from HK$20,000,000 to HK$500,000,000 (including 466,637,115,100 common shares with a face value of HK$0.001 per share and 33,362,884,900 preferred shares with a face value of HK$0.001 per share) by increasing common shares and preferred shares. On May 6, 2015, the issuer completed the issuance of 14,136,452,910 new common shares and 113,348,440 preferred shares, and received a net proceeds of approximately HK$1,110.9 million. The issuer's direct controlling shareholder was changed to FastTopInvestmentLimited, the indirect controlling shareholder was changed to Beijing Water Group Co., Ltd., and the actual controller was changed to the Beijing Municipal State-owned Assets Administration Commission. On June 22, 2015, as approved by the company's annual general meeting of shareholders, Jincai Holdings Limited changed its name to BeijingEnterprisesCleanEnergyGroupLimited (English name changed from JinCAIHoldingsCompany Limited to BeijingEnterprisesCleanEnergyGroupLimited), completed the name change registration in the Cayman Islands on June 26, 2015, and completed the name change registration in Hong Kong on July 23, 2015. On November 5, 2015, the issuer completed the issuance of 9,499,867,560 preferred shares and received a net proceeds of approximately HK$750.5 million. In 2015, holders of preferred shares converted a total of 371,258,260 preferred shares into common shares. On May 6, 2016, the issuer completed the issuance of 9,499,867,560 preferred shares and received a net proceeds of approximately HK$750.5 million. On July 20, 2016, the issuer signed a subscription agreement with Enlightenment Technology Innovation Limited (hereinafter referred to as “Enlightenment Technology Innovation”) to subscribe for 4,045,000,000 new common shares with a face value of HK$0.001 per share at a price of HK$0.17 per share. The subscription was completed on August 22, 2016, and the issuer received a net proceeds of approximately HK$687.7 million. On November 7, 2016, the issuer completed the issuance of 9,499,867,560 preferred shares and received a net proceeds of approximately HK$750.5 million. In 2016, holders of preferred shares converted a total of 20,759,396,144 preferred shares to common shares. On May 8, 2017, the issuer completed the issuance of 4,749,933,780 preferred shares and received a net proceeds of approximately HK$375.2 million. In September 2017, the company publicly placed 7,820,619,687 new common shares at a price of HK$0.17 per share on the basis of subscribing for 1 common share for every 7 common shares to shareholders registered at the end of August 15, 2017 (with the exception of shareholders who are not eligible in accordance with the articles of association), and received a net proceeds of approximately HK$1,328.225 million. In 2017, holders of preferred shares converted a total of 12,232,230,496 preferred shares to common shares. May 25, 2022 Announcement: Wang Xiaodong is the chairman of the board of directors.