当全球资本正以前所未有的速度涌入ESG赛道时，中国香港作为亚洲绿色金融的枢纽，已成为这一浪潮的核心承载地。 截至2025年3月31日，共有218只ESG基金获香港证监会认可，管理资产规模约1392亿美元，突破万亿港元大关。 这一数据背后，不仅映射出投资者对可持续发展的迫切需求，更揭示了资本市场的深层逻辑——ESG表现卓越的企业，正成为全球长线资金的"必选项"。 在此背景下，港股市场上深耕ESG、真正践行可持续发展的企业价值亟待重估。协合新能源（0182.HK）近期斩获"格隆汇金格奖·ESG公司治理卓越企业"奖 项，正是对这一趋势的生动注解，其ESG理念实现路径也尤为值得关注。 一、商业模式升级，打开远期成长空间 作为一家深耕绿色能源的企业，协合新能源的ESG理念绝非纸上谈兵，而是深度融入业务拓展的战略引擎。 6月19日，协合新能源与现代建设集团（Hyundai E&C）签署的韩国介水里21兆瓦光伏项目30年电力购买协议（PPA），便是其ESG战略的新里程碑。 二者的合作，可谓一场双向奔赴。 韩国是继中国、日本之后第三个宣布碳中和目标的亚洲国家，且明确提出到2050年实现该目标。新任韩国总统李在明在大选期间，甚 ...

智通财经APP获悉，近日，协合新能源(00182)与现代建设集团正式签署介水里21MW光伏项目的电力购 买协议（PPA）,国元国际就此事发布点评报告。报告表示，该项目是协合新能源首个全球RE100认证项 目，购电方需100%可再生能源履约，协议稳定性与溢价能力高于普通绿电交易。30年长约锁定电费现 金流，显著提升收入确定性。该合作是公司绿电国际化战略中的关键突破，打开了韩国高端客户入口， 助力公司商业模式从电站开发转向绿电服务商。此外，RE100项目契合全球ESG投资主线，有助于吸引 海外长线资金，提升公司估值水平。 国元国际报告内容如下： 事件 该项目是协合首个全球RE100认证项目，购电方需100%可再生能源履约，协议稳定性与溢价能力高于 普通绿电交易。30年长约锁定电费现金流，对冲电价波动风险，收入确定性提升；韩国光伏电价高于中 国平价项目，叠加RE100溢价，预期项目收益率或将显著高于国内项目；海外PPA作为优质底层资产， 可支撑项目发行绿色债券或资产证券化产品。 ◆绿电国际化战略关键突破，利好ESG估值溢价 此次合作是公司在韩国进行绿色电力项目投资的里程碑，充分彰显公司的竞争优势，同时双方将以本项 ...

Group 1 - The total purchase price for the financing lease arrangements is RMB 592 million [2] - The financing lease agreement A involves a purchase of equipment and facilities A for RMB 212 million, which will be leased back to the company [1] - The financing lease arrangement B1 includes multiple agreements, with a total purchase price of RMB 207 million for equipment B1-a and RMB 60 million for supporting facilities B1-b [1] Group 2 - The financing lease agreement B2 involves a purchase of equipment and facilities B2 for RMB 113 million, which will also be leased back to the company [1] - The company is required to make quarterly lease payments as part of these financing arrangements [1]

2023 Interim Results Presentation CONCORD NEW ENERGY GROUP （0182.HK） —— An Experienced Wind & Solar Developer and Operator 1st Aug. 2023 2023 Interim Result Presentation 2023 Interim Result Presentation Disclaimer 2 • This document has been prepared for general information purposes only and is not, and should be not construed as, an offer for sell or a solicitation of an offer to buy any securities • Information and opinions contained herein have been compiled in good faith by Concord New Energy Group Limit ...

Thanks CONCORD NEW ENERGY GROUP LIMITED (0182.HK) An Experienced Wind and Solar Power Developer and Supplier Annual Results Presentation 2023 协合新能源集团有限公司 2021财年业绩报告 2024 March 6th 协合新能源集团有限公司 2023财年业绩报告 Disclaimer 2 • This document is for general informational purposes only and is not intended as a credit statement for any transactions. • The information and claims contained herein are objectively and truthfully presented by Concord New Energy Group Limited based on credible materials, but no commitment or ...

August 23rd 2024 协合新能源集团有限公司 2021财年业绩报告 2021财年业绩报告 Concord New Energy Group Limited 2024 Interim Results An Experienced Wind and Solar Power Developer and Supplier CONCORD NEW ENERGY GROUP LIMITED STOCK CODE HK.0182 INTERIM RESULTS PRESENTATION 协合新能源集团有限公司 • This document is for general informational purposes only and is not intended as a credit statement for any transactions. • The information and claims contained herein are objectively and truthfully presented by Concord New Energy Group Limited based on ...

CONCORD NEW ENERGY GROUP LIMITED incorporated in Bermuda with limited liability ANNUAL RESULTS PRESENTATION 27 Feb. 2025 STOCK CODE 182 CONCORD NEW ENERGY GROUP LIMITED 2024 ANNUAL REPORT Disclaimer 1 • This document is for general informational purposes only and is not intended as a credit statement for any transactions. • The information and claims contained herein are objectively and truthfully presented by Concord New Energy Group Limited based on credible materials, but no commitment or guarantee is ma ...

Group 1 - Zhengrong Real Estate (06158.HK) has appointed joint liquidators by its controlling shareholder, and trading of its shares will resume from 9 AM on Wednesday, with business operations continuing as usual [1] - XPeng Motors (09868.HK) plans to hold a board meeting on May 21 to approve its first-quarter results [1] - Xiehe New Energy (00182.HK) reported a total equity generation of 3,330.69 GWh in the first four months, a year-on-year decrease of 2.24%, with April's generation at 809.84 GWh, down 6.48% year-on-year [1] Group 2 - Touyun Biotechnology (01332.HK) plans to sell 70% of its stake in Weidao International for 13 million yuan [1] - Gilead Sciences (01672.HK) will present early research findings on its obesity candidate drug ASC47 at the 32nd European Congress on Obesity (ECO 2025) through oral and poster presentations [1] - Yuanda Pharmaceutical (00512.HK) has successfully reached clinical endpoints in its Phase II clinical study of the global innovative product STC3141 for the treatment of sepsis in China [1] Group 3 - Shanggao New Energy (01250.HK) reported a cumulative operational generation of approximately 1.0196 million MWh in the first two months, representing a year-on-year increase of about 13.1% [1]

Core Viewpoint - The company is pursuing a strategic listing in Singapore to enhance its long-term competitiveness without diluting existing shares, aiming to improve stock liquidity and reach a broader international investor base [1] Group 1: Industry Challenges - The company’s installed capacity is projected to grow from 2,768 MW in 2021 to 4,615 MW in 2024, with a compound annual growth rate (CAGR) of 18.58%, while revenue is expected to increase from 2.196 billion to 2.752 billion yuan, reflecting a CAGR of 7.8% [3] - The net profit has not expanded at the same rate, only increasing from 818 million to 876 million yuan, highlighting a structural imbalance in the industry [3][4] - By 2024, China's renewable energy capacity is expected to reach 1.45 billion kW, surpassing thermal power for the first time, with wind and solar accounting for over 80% of new installations [4] Group 2: Company Strategies - The company is focusing on operational efficiency by reducing financing costs, achieving an average financing cost of 3.43% and a comprehensive cost of 3.98% in 2024, both at historical lows [6] - The company plans to classify assets and liabilities of certain subsidiaries as held for sale, involving an amount of 2.778 billion yuan, to alleviate debt pressure and improve financial leverage [8] - The company has completed green electricity transactions of 811 million kWh in 2024 and sold 6.41 million green certificates, indicating a focus on enhancing asset quality and future revenue certainty [9] Group 3: International Expansion - The company has secured 1,399 MW of wind and solar projects globally in 2024, with 679 MW from international markets, and has also acquired 308 MW/616 MWh of international energy storage projects [10] Group 4: Conclusion - The company maintains a dividend payout ratio of over 30%, signaling confidence in its stable cash flow and commitment to shareholder interests amid industry fluctuations [11] - The company's approach serves as a model for global renewable energy firms, demonstrating how to navigate domestic challenges through international capital access and strategic asset management [12]

Operational Performance - The company achieved a total installed capacity of 4,615 MW and generated 8.65 billion kWh of electricity in 2024, both representing historical highs for the group[12]. - The company secured new wind and solar projects totaling 1,399 MW in 2024, with 720 MW located in China and 679 MW in other countries[11]. - The company obtained new international energy storage investment projects amounting to 308 MW/616 MWh, while also reserving a number of high-quality international project resources[11]. - The company's total revenue from continuing operations for 2024 reached RMB 2,752,054 thousand, a 6.3% increase compared to RMB 2,588,646 thousand in 2023[22]. - The net profit attributable to equity holders was RMB 805,133 thousand, a decrease of 16.5% from RMB 963,774 thousand in the previous year[22]. - The total installed capacity of the company reached 4,615 MW by the end of 2024, representing a 14.0% increase from 4,050 MW in 2023[27]. - The equity generation volume increased by 10.5% year-on-year, with wind power generation up by 10.2% and solar power generation up by 12.8%[31]. - Total revenue from power plants reached RMB 2,515,951 thousand, an increase of 11.35% compared to 2023, while net profit rose by 4.69% to RMB 797,814 thousand[33]. Financial Performance - The company's management expenses, total asset liability ratio, comprehensive financing costs, and comprehensive electricity generation costs all decreased year-on-year[11]. - The average financing cost for new withdrawals has decreased to 3.43%, while the overall financing cost has dropped to 3.98%, both at historical lows[29]. - The company's net asset value reached RMB 8,906,306 thousand by December 31, 2024, up from RMB 8,435,414 thousand in 2023[22]. - The group's cash holdings are approximately RMB 2,229,188 thousand as of December 31, 2024, down from RMB 3,902,924 thousand in 2023[47]. - The group maintains an asset-liability ratio of 72.28% as of December 31, 2024, a slight decrease from 72.99% in 2023[47]. - The group has signed contracts for capital expenditures amounting to RMB 2,680,010 thousand as of December 31, 2024[50]. Strategic Initiatives - The company plans to accelerate its global layout and expand its international development space by promoting a "secondary listing" in Singapore[11]. - The company aims to enhance its management capabilities and strengthen its core competitiveness by focusing on project development, construction, production, and marketing[13]. - The company is committed to achieving its strategic goals and aims to deliver better results in 2025, benefiting shareholders and society[13]. - The company will actively track and analyze market changes, optimizing assets to match strategic goals and market demands[60]. - The company aims to enhance operational awareness and crisis management, focusing on cost reduction and efficiency improvement through detailed analysis of costs and expenses[61]. - The company is dedicated to enhancing its management capabilities through refined and specialized management practices[61]. Market Trends and Investments - The global renewable energy investment reached $728 billion in 2024, marking an approximate 8% year-on-year increase, setting a new record for investment scale[14]. - The average cost of battery energy storage systems decreased by 40% in 2024, driving significant growth in new energy storage projects[20]. - The global market share of TOPCon technology in photovoltaic components rose to 60%, solidifying its position as the mainstream technology[19]. - The company anticipates a continued clear trend in global energy transition and expects a further loosening of financing conditions in major international economies[12]. Environmental and Social Responsibility - The group achieved a CO2 emission reduction target of 6,255 thousand tons for 2024, with a cumulative reduction of 61,715 thousand tons[45]. - The company completed green electricity transactions of 811 million kWh and sold 6.41 million green certificates, both showing year-on-year growth[34]. - The company received an AA rating from MSCI ESG and was recognized as one of the top 10% of Chinese companies in S&P Global ESG ratings[12]. Corporate Governance - The board consists of 13 members, including 7 executive directors, 1 non-executive director, and 5 independent non-executive directors[152]. - The company has established four committees, including the nomination committee, remuneration committee, audit committee, and ESG committee, to ensure effective governance[161]. - The independent non-executive directors have confirmed their independence according to the relevant listing rules[154]. - The board reviewed the corporate governance practices and confirmed compliance with the relevant corporate governance code[149]. - The company has implemented a share incentive plan for directors and eligible employees as part of its compensation policy[143]. Shareholder Information - The proposed final dividend for the year ending December 31, 2024, is HKD 0.035 per ordinary share, amounting to approximately HKD 279,371,000 based on the number of shares issued[95]. - The company repurchased a total of 138,480,000 ordinary shares at a total cost of HKD 74,495,000 during the fiscal year ending December 31, 2024[90]. - The total number of reward shares available for grant under the share incentive plan is 148,161,748, which represents approximately 0.04% of the weighted average number of shares issued during the year[100]. - The total number of unvested shares held by the trustee under the share incentive plan as of December 31, 2024, is 17,250,000[102]. - The company has no provisions in its articles of association regarding preemptive rights for existing shareholders when issuing new shares[92]. Risk Management - The company has implemented a comprehensive risk management framework that includes risk identification, assessment, response, and monitoring[194]. - The audit committee is responsible for overseeing the design and implementation of the risk management and internal control systems[195]. - The board reviewed the effectiveness of the risk management and internal control systems throughout the year[195]. - The company has established various risk management and internal control policies to ensure compliance with financial, operational, and regulatory monitoring[194].