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9月30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10月2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 ...

中國再生能源投資有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：987） (website 網址 : www.cre987.com) N O T I F I C AT I O N L E T T E R Dear Non-registered holders(Note 1) 30 September 2025 China Renewable Energy Investment Limited (the "Company") – Notice of publication of 2025 Interim Report (the "Current Corporate Communication") The Current Corporate Communication of the Company have been published in English and Chinese languages and are available on the website ...

CHINA RENEWABLE ENERGY INVESTMENT LIMITED 中國再生能源投資有限公司 (Incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立之有限公司） （Stock Code 股份代號：987） (website 網址 : www.cre987.com) N O T I F I C AT I O N L E T T E R Dear Registered Shareholders, 30 September 2025 China Renewable Energy Investment Limited (the "Company") – Notice of publication of 2025 Interim Report (the "Current Corporate Communication") The Current Corporate Communication of the Company have been published in English and Chinese langua ...

Financial Performance - For the six months ended June 30, 2025, China Renewable Energy Investment Limited recorded a turnover of HK$94.2 million, a 27% increase from HK$74.3 million in the same period last year[7]. - Gross profit for the period increased 213% to HK$32.9 million, compared to HK$10.5 million for the six months ended June 30, 2024[7]. - Net profit after tax attributable to equity holders increased 178% to HK$32.5 million, with earnings per share of HK1.30 cents, up from HK$11.7 million or HK0.47 cents in the prior year[9]. - Revenue for the six months ended June 30, 2025, was HK$94,176,000, an increase of 26.8% compared to HK$74,299,000 for the same period in 2024[103]. - Gross profit for the same period was HK$32,878,000, significantly up from HK$10,492,000, reflecting a gross margin improvement[103]. - Operating profit for the six months was HK$19,872,000, compared to an operating loss of HK$1,447,000 in the previous year[103]. - Profit for the period reached HK$30,945,000, a substantial increase from HK$10,388,000 in the prior year[103]. - Total comprehensive income for the period was HK$69,004,000, compared to a loss of HK$28,954,000 in the same period last year[103]. - Profit attributable to equity holders of the Company for the six months ended June 30, 2025, was HK$32,475,000, a significant increase from HK$11,662,000 in the same period of 2024, representing an increase of 178.5%[104]. - Total comprehensive income attributable to equity holders of the Company for the six months ended June 30, 2025, was HK$70,733,000, compared to a loss of HK$27,779,000 in the same period of 2024[104]. - Basic and diluted earnings per share for the six months ended June 30, 2025, was HK$1.30, up from HK$0.47 in the same period of 2024, reflecting a growth of 276.6%[104]. Financial Position - Total assets as of June 30, 2025, increased to HK$2,178,167,000 from HK$2,131,113,000 as of December 31, 2024, marking a growth of 2.2%[105]. - Total equity as of June 30, 2025, was HK$1,878,055,000, an increase from HK$1,821,582,000 as of December 31, 2024, representing a growth of 3.1%[106]. - Non-current liabilities decreased to HK$212,657,000 as of June 30, 2025, from HK$223,096,000 as of December 31, 2024, a reduction of 4.7%[106]. - Current assets increased to HK$653,074,000 as of June 30, 2025, compared to HK$596,608,000 as of December 31, 2024, reflecting an increase of 9.5%[105]. - Cash and cash equivalents as of June 30, 2025, were HK$244,407,000, up from HK$232,170,000 as of December 31, 2024, indicating a growth of 5.5%[105]. - Trade and other receivables increased to HK$399,438,000 as of June 30, 2025, from HK$355,307,000 as of December 31, 2024, representing an increase of 12.4%[105]. Borrowings and Cash Flow - Total bank borrowings as of June 30, 2025, were HK$218.4 million, down from HK$227.6 million as of December 31, 2024, primarily due to loan repayments[10]. - The Group's finance costs decreased from HK$8.3 million in the interim period of 2024 to HK$4.9 million in 2025 due to loan repayments[7]. - The Group's net cash generated from operating activities decreased significantly to HK$5.5 million, down 80.6% from HK$28.3 million in the previous year[122]. - The Group's net cash generated from investing activities was HK$37.5 million, a decrease of 18.7% from HK$46.1 million in the prior period[122]. - The Group's repayment of bank borrowings was HK$17.1 million, a decrease of 58.3% compared to HK$41.0 million in the same period last year[122]. - The Group's interest received increased to HK$2.5 million, up 88.5% from HK$1.3 million in the previous year[122]. Operational Performance - The Group's wind farms achieved a total power dispatch of 848.7 GWh in the first half of 2025, a 23% increase from 690.6 GWh in the same period of 2024[27]. - The average power tariffs for the Group declined by 4.8% year-on-year during the interim period, excluding the impact of the elimination of contractual tariff subsidies[30]. - The Group operates eight wind farms and one distributed solar project, with a total gross power generating capacity of 738 MW and net capacity of 427 MW as of June 30, 2025[26]. - The Group's operating assets generated 851.2 GWh of electricity, reducing approximately 276,000 tons of coal consumption and 657,000 tons of carbon emissions in the first half of 2025[65]. - The Group's strategy "Grow‧Advance‧Sustain" focuses on evaluating investment opportunities based on economic, environmental, and social benefits[47]. - The Group aims to continue developing renewable energy projects and seek growth investment opportunities[47]. Market and Industry Trends - As of June 30, 2025, the Group's total power consumption in China increased by 3.7% year-on-year, reaching 4,842,000 GWh in the first half of 2025[24]. - China's wind power generation capacity rose by 22.7% to 672 GW, while solar power generation capacity increased by 54.2% to 1,317 GW[25]. - Total wind power output was 588,000 GWh, a 15.6% increase compared to 2024, accounting for 12.1% of total power generation in China[25]. - Total solar power output reached 559,100 GWh, marking a 42.9% increase from 2024, representing 11.5% of total power generation[25]. - The renewable energy consumption ratio for steel, cement, and polysilicon industries is set between 25.2% and 70%, while data centers should exceed 80%[53]. Governance and Compliance - The Company has complied with the Corporate Governance Code throughout the six months ended June 30, 2025, except for the separation of roles between the chairman and CEO[87]. - The company is committed to reviewing its governance structure to ensure compliance with best practices[90]. - All Directors confirmed compliance with the Model Code regarding securities transactions throughout the six months ended June 30, 2025[88]. Shareholder Information - As of June 30, 2025, Mr. OEI Kang, Eric holds a corporate interest in 1,833,696,937 shares, representing 73.168% of the company's existing issued share capital[72]. - The joint interest of Mr. OEI Kang, Eric and Mrs. OEI Valonia Lau amounts to 41,661,439 shares, accounting for 1.662% of the company's issued share capital[72]. - The beneficial interest of Genesis Capital Group Limited is 276,065,897 shares, representing 11.016% of the issued share capital[78]. - The beneficial interest of Creator Holdings Limited is 154,278,990 shares, accounting for 6.156% of the issued share capital[78]. - The Company does not recommend the payment of an interim dividend for the six months ended June 30, 2025, consistent with the previous year[80]. Future Outlook - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[182]. - Future guidance indicates a revenue growth target of 20% for the next fiscal year, aiming for HKD 1.44 billion[182]. - The company is implementing new strategies to improve operational efficiency, aiming for a 15% reduction in costs by the end of 2024[182]. - China Renewable Energy Investment Limited is committed to sustainability, with plans to reduce carbon emissions by 40% by 2030[182].

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8月31日 狀態: 新提交 公司名稱: 中國再生能源投資有限公司 呈交日期: 2025年9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. ...

Core Viewpoint - China Renewable Energy Investment (00987.HK) reported a significant increase in revenue and profit due to improved wind resources in the first half of the year [1] Financial Performance - The company recorded a revenue of HKD 94.2 million for the six months ending June 30, 2025, representing a year-on-year increase of 27% [1] - The net profit attributable to equity holders increased by 178% to HKD 32.5 million, translating to an earnings per share of HKD 0.013 [1]

Core Insights - China Renewable Energy Investment (00987) reported a significant increase in net profit, reaching HKD 32.475 million, which represents a year-on-year growth of 178.47% [1] - The company's revenue for the six months ending June 30, 2025, was HKD 94.176 million, marking a year-on-year increase of 26.75% [1] - Earnings per share stood at HKD 0.013 [1]

Group 1 - The core viewpoint of the article highlights the significant growth in the financial performance of China Renewable Energy Investment (00987) for the six months ending June 30, 2025, with a revenue of HKD 94.176 million, representing a year-on-year increase of 26.75% [1] - The company reported a profit attributable to shareholders of HKD 32.475 million, which marks a substantial year-on-year increase of 178.47% [1] - Earnings per share for the company stood at HKD 0.013 [1]

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]