Cecep Solar Energy Reports Receipt of RMB 505 Million in Renewable Energy Subsidies This Year

Deep News06-08

Cecep Solar Energy Co.,Ltd. (SHE: 000591) announced on June 8th that, following the inclusion of 77 of its projects in the first batch compliant project list for renewable energy power generation subsidies in January 2023, the company has recently received subsidy distribution notifications for an additional five photovoltaic power generation projects.

From the beginning of this year to date, the company's photovoltaic power generation projects have collectively received renewable energy subsidy funds totaling RMB 505 million, representing a substantial increase of 451.99% compared to the same period last year.

This total includes national renewable energy subsidy funds of RMB 489 million, which marks an even more significant year-on-year increase of 553.32%.

For the first quarter of 2026, Cecep Solar Energy achieved revenue of RMB 1.061 billion and a net profit attributable to the parent company's shareholders of RMB 183 million.

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