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Company News
  • 06/09/2021
    On the morning of September 6, the celebration of the 20th anniversary of the establishment of CR Power was held on the 52nd floor of China Resources Tower, Shenzhen. Wang Xiangming, Chairman of China Resources Group, Wang Chuandong, Deputy General Manager of China Resources Group and Chairman of the Board of Directors of CR Power, the company’s management team and the group’s direct managers, heads of departments, regions, directly controlled units, and employee representatives gathered together to celebrate the company's birthday. The whole celebration was broadcasted live online, and the CR Power staff across the country were immersed in the rejoicing atmosphere online.
  • 24/08/2021
    In recent days, China Electricity Council (referred to as CEC) has announced the 2020 benchmarking results of production and operation indicator of wind farm for the power industry, and 40 wind farms under CR Power won awards, accounting for 35.4% of the company's wind farms and ranking first among power generation operators with units above million-kilowatt-class.
  • 22/08/2021
    On August 20, "Guangdong Smart Power Engineering Technology Research Center" reported by CR Power Technology Research Institute was officially recognized as Guangdong Province Engineering Technology Research Center by Guangdong Provincial Department of Science and Technology. Among the units under the governance of CR Power, this is the first provincial R&D platform for science and technology innovation that has been accredited by the competent authority of the government. Such accreditation is of great significance, both in promoting the company's management of scientific research and development and in enhancing social image and corporate recognition.
  • 20/08/2021
    On August 20, CR Power announced its 2021 interim results. As shown in the announcement, the first half of the year has seen a turnover of HK$42.239 billion, with an YOY increase of 35.4%; a net profit of HK$5.105 billion, with an YOY increase of 12.7%. Among them, the net profit contribution from the renewable energy business accounted for approx. 84.9%. By stripping out the impact of non-cash or non-recurring gains or losses such as foreign exchange gains or losses and asset impairment losses, the first half of 2021 has seen a core profit of HK$5.277 billion, with an YOY increase of 19.1%. The Board of Directors declared an interim dividend of HK$0.25 per share for the first half of 2021, with an YOY increase of 11.1%.
  • 14/08/2021
    On the morning of August 12, CR Power and Gansu Province Electric Power Investment Group signed a 34% equity transfer agreement for Changle Power Generation Co., Ltd. (hereinafter referred to as Changle Power Plant) in Lanzhou. President Tang Yong of CR Power and Chairman Pu Peiwen of Gansu Province Electric Power Investment Group signed the agreement on behalf of the two parties. Fan Wude, Member of the Party Committee and Deputy Director of the State-owned Assets Supervision and Administration Commission of Gansu Province, attended the event, and Liu Wanxiang, General Manager of Gansu Province Electric Power Investment Group, presided over the signing ceremony.
  • 27/07/2021
    On July 26, CR Power held the semi-annual work meeting of the year 2021 in Wuhan with the theme of "Implementing Changes and Gathering Advantages to Start a New Journey". At the meeting, CR Power reviewed the working achievements of the first half of the year, carried out summary and reflection, analysis and evaluation, and deployed the goals and tasks for the second half of the year.
  • 23/07/2021
    On July 16, CR Power participated in the first-day trading of China's carbon market, and was invited to attend the opening ceremony.
  • 22/07/2021
    On July 20, CR Power successfully issued the first phase of 2021 green directional asset-backed notes (carbon-neutrality bonds). The registration limit of this product is RMB 6 billion, and the initial scale is RMB 2.005 billion. The term of the priority note is 2 years, and the stated interest rate is only 3.2%, which is the lowest level of products of the same type and the same term in the power industry.
  • 07/07/2021
    CR Northeast Revitalization New Energy Industry Alliance ("Alliance" for short) carried out investigations and surveys in Jiamusi, Heilongjiang from July 5 to 6. More than 80 officials and experts from Jiamusi Municipal Committee, Jiamusi Municipal Government, the Alliance and relevant organizations. This event is the first group-based operation and all-round cooperative investigations and surveys carried out by CR Power jointly with excellent organizations in the industrial, academic and research sectors, having a far-reaching significance on exploring the project development mode under new circumstances.
  • 24/06/2021
    On June 22, CR Power (Guangdong) Marketing Co., Ltd. and BASF (China) Co., Ltd. completed the first renewable energy trading in Guangdong Province at the Guangdong Power Exchange Center. The trading volume reached 2.45 million kilowatt hours. The power generation enterprise is CR Power Wind Energy (Shantou) Co., Ltd.