China Resources Power Holdings Company Limited (CHINA RES POWER) announced that the China Securities Regulatory Commission (CSRC) has approved the registration application of its subsidiary, China Resources New Energy Holdings Company Limited, for an initial public offering on the Main Board of the Shenzhen Stock Exchange. The approval, disclosed on 15 May 2026, represents a critical milestone in the parent company’s proposed spin-off plan first unveiled in March 2023.
According to the filing, the spin-off and A-share listing remain contingent on prevailing market conditions, and the company has not provided a definitive timetable. CHINA RES POWER stated it will release further updates in accordance with Hong Kong Listing Rules requirements.
The board advised shareholders and prospective investors to exercise caution when dealing in CHINA RES POWER securities until additional information on the transaction’s progress becomes available.
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