Financial Performance - Revenue for the six months ended June 30, 2025, was HKD 94,176,000, representing a 27% increase from HKD 74,299,000 in the same period of 2024[3] - Gross profit for the same period was HKD 32,878,000, compared to HKD 10,492,000 in 2024, indicating a significant improvement[3] - Operating profit for the six months was HKD 19,872,000, a turnaround from an operating loss of HKD 1,447,000 in the previous year[3] - Net profit for the period was HKD 30,945,000, up from HKD 10,388,000 in 2024, marking a 197% increase[5] - Earnings per share for the period was HKD 1.30, compared to HKD 0.47 in the same period last year[5] - The company reported a net profit attributable to equity holders of HKD 32,475,000 for the six months ended June 30, 2025, compared to HKD 11,662,000 for the same period in 2024, representing an increase of 178.5%[19] Assets and Liabilities - Total assets as of June 30, 2025, amounted to HKD 2,178,167,000, an increase from HKD 2,131,113,000 at the end of 2024[6] - Total liabilities decreased to HKD 300,112,000 from HKD 309,531,000, reflecting improved financial health[7] - Cash and cash equivalents increased to HKD 244,407,000 from HKD 232,170,000, indicating better liquidity[6] - The total accounts receivable as of June 30, 2025, was HKD 364,494,000, an increase from HKD 322,330,000 as of December 31, 2024[20] - The company’s total liabilities as of June 30, 2025, were HKD 50,651,000, slightly decreased from HKD 51,268,000 as of December 31, 2024[23] - As of June 30, 2025, total bank borrowings amounted to HKD 218.4 million, down from HKD 227.6 million as of December 31, 2024, primarily due to repayment of existing project loan principal[26] Operational Highlights - The company continues to focus on renewable energy business expansion primarily in China, with ongoing investments in new technologies[8] - For the six months ended June 30, 2025, the company's revenue from electricity sales was HKD 94,176,000, an increase of 26.8% compared to HKD 74,299,000 for the same period in 2024[12] - The company recognized electricity sales that included a subsidy from the state-owned grid company amounting to HKD 49,900,000 for the six months ended June 30, 2025, compared to HKD 39,700,000 for the same period in 2024[12] - The company reported a net financing cost of HKD 2,325,000 for the six months ended June 30, 2025, a significant decrease from HKD 7,014,000 for the same period in 2024[15] - The company’s other income for the six months ended June 30, 2025, was HKD 3,614,000, compared to HKD 2,942,000 for the same period in 2024, reflecting an increase of 22.9%[12] Power Generation and Projects - Total installed capacity of the company's wind and solar projects reached 738 MW, with a net capacity of 427 MW as of June 30, 2025[31] - Wind speed improvements were noted across various projects, with increases of up to 21% in certain areas, contributing to a total generation of 848.7 GWh, a 23% increase from the previous year[32] - The company faced an increase in curtailment to 10.7% in the first half of 2025, compared to 6.5% in the same period last year, due to grid absorption issues[32] - The company’s total power generation reached 851.2 GWh, resulting in a reduction of approximately 276,000 tons of coal consumption and a decrease of 657,000 tons in carbon emissions[46] - Changma Wind Farm generated approximately 254.0 GWh in the first half of 2025, a 19.7% increase from 212.2 GWh in the previous year[36] - Lvnabao Wind Farm's total generation was about 123.4 GWh, reflecting an 18.2% increase from 104.4 GWh year-on-year, with curtailment rising from 18.9% to 27.6%[37] - Songxian Wind Farm produced around 93.3 GWh, a significant 102.4% increase from 46.1 GWh last year, despite curtailment increasing from 7.7% to 15.6%[38] - Nanzhen Distributed Solar Project generated approximately 2.4 GWh, a 9.1% increase from 2.2 GWh in the previous year[39] Strategic Plans and Market Outlook - The company plans to pause the development of new wind farms until electricity pricing and demand become clearer, emphasizing the importance of investment returns[43] - The company is exploring the replacement of old wind turbines with new ones to enhance efficiency, seeking to replace 70 old turbines with 9 new ones[44] - The demand for electricity is expected to continue growing moderately due to improvements in the economy and increased electricity needs from sectors like automotive and AI data centers[42] - The government aims for renewable energy consumption in industries like steel and cement to be between 25.2% and 70%, with data centers exceeding 80%[42] Corporate Governance and Compliance - The company did not declare any interim dividend for the six months ended June 30, 2025, and also did not declare any interim dividend for the same period in 2024[17] - The board of directors did not recommend the distribution of an interim dividend for the six months ending June 30, 2025[48] - The audit committee reviewed the unaudited interim financial information for the six months ending June 30, 2025, in compliance with the relevant regulations[49] - The company has adhered to the corporate governance code as per the listing rules, with a review of the structure to ensure compliance with principles[51] - All directors confirmed compliance with the standard code of conduct for securities trading during the reporting period[52] - The mid-term report for 2025 will be published on the company's website and the stock exchange's website[53]

Core Viewpoint - China Renewable Energy Investment (00987) experienced a significant stock price increase of over 20% following the announcement of a positive earnings forecast, indicating strong growth potential driven by increased wind resources [1] Financial Performance - The company anticipates that its unaudited consolidated net profit for the six months ending June 30, 2025, will exceed HKD 10.4 million, representing an increase of over 190% compared to the same period ending June 30, 2024 [1]

Core Viewpoint - China Renewable Energy Investment (00987) has experienced a significant stock price increase of over 20% following the announcement of a positive earnings forecast, indicating strong growth potential driven by increased wind resources [1] Financial Performance - The company anticipates that its unaudited consolidated net profit for the six months ending June 30, 2025, will exceed HKD 10.4 million, representing an increase of over 190% compared to the same period in 2024 [1] Market Reaction - As of the time of reporting, the stock price rose by 17.99%, reaching HKD 0.164, with a trading volume of HKD 4.5776 million [1]

Core Viewpoint - China Renewable Energy Investment (00987) has experienced a significant stock price increase of over 20% following a positive earnings forecast, indicating strong market confidence in the company's future performance [1] Financial Performance - The company anticipates that its unaudited consolidated net profit for the six months ending June 30, 2025, will exceed 190% growth compared to the unaudited consolidated net profit of approximately 10.4 million HKD for the six months ending June 30, 2024 [1] - The expected growth is primarily attributed to an increase in wind resources [1] Market Reaction - Following the announcement, the stock price rose by 17.99%, reaching 0.164 HKD, with a trading volume of 4.5776 million HKD [1]

中国再生能源投资(00987)发布公告，集团预期截至2025年6月30日止6个月未经审核综合纯利将较截至 2024年6月30日止6个月同期未经审核综合纯利约1040万港元录得超过190%增长。有关增长主要由于风 力资源增加。 ...

Core Viewpoint - China Renewable Energy Investment (00987.HK) expects its unaudited consolidated net profit for the six months ending June 30, 2025, to increase by over 190% compared to the unaudited consolidated net profit of approximately HKD 10.4 million for the six months ending June 30, 2024, primarily due to increased wind resources [1] Summary by Category - **Financial Performance** - The company anticipates a significant growth in net profit, projecting an increase of over 190% compared to the previous year [1] - The previous year's net profit was approximately HKD 10.4 million [1] - **Operational Factors** - The expected growth in profit is mainly attributed to an increase in wind resources [1]

智通财经APP讯，中国再生能源投资(00987)发布公告，集团预期截至2025年6月30日止6个月未经审核综 合纯利将较截至2024年6月30日止6个月同期未经审核综合纯利约1040万港元录得超过190%增长。有关 增长主要由于风力资源增加。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 CHINA RENEWABLE ENERGY INVESTMENT LIMITED 中 國 再 生 能 源 投 資 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：987） （網址： www.cre987.com ） 承董事會命 正面盈利預告 本公司乃根據上市規則第13.09(2)條及證券及期貨條例第XIVA部項下內幕消息 條文作出本公告。 董事會謹此知會股東及有意投資者，本集團預期截至二零二五年六月三十日止 六個月之未經審核綜合純利將較截至二零二四年六月三十日止六個月同期之未 經審核綜合純利約 10,400,000 港元錄得超過 190% 增長。有關增長主要由於風 力資源增加。 本公告所載之資料僅根據對本集團截至二零二五年六月三十日止六個月之未經 審核綜合管理賬目及董事會目前所得資料之初步評估而作出，而有關資料尚未 經本集團核數師審閱。由於本公司之二零二五年中期業績仍在定稿過程中，因 此 ...

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責 ， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明 ， 並 明 確 表 示 ， 概 不 對 因 本 公 告 全 部 或 任 何 部 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任 。 CHINA RENEWABLE ENERGY INVESTMENT LIMITED 董 事 會 召 開 日 期 中 國 再 生 能 源 投 資 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ） （ 股 份 代 號 ： 987） （ 網 址 ： www.c re987.com ） 中 國 再 生 能 源 投 資 有 限 公 司 (「本 公 司 」)董 事 會 (「董 事 會 」)謹 此 宣 佈， 本 公 司 謹 訂 於 二 零 二 五 年 八 月 二 十 八 日 (星 期 四 )舉 行 董 事 會 會 議， 藉 以 (其 中 包 括 )批 准 本 公 司 及 其 附 屬 公 司 截 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國再生能源投資有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00987 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 9,000,000,000 | HKD | | 0.01 | HKD | | 90,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 9,000,000,000 | HKD | | 0.01 | HKD | | 90,000,000 | | 2. 股份分 ...