CEB GREENTECH (01257): Supplementary Subsidy Funds Fully Received

Stock News09-05

CEB GREENTECH (01257) announced that from July 1, 2025 to August 31, 2025, 33 subsidiary companies of the Group, involving biomass comprehensive utilization, photovoltaic power generation and wind power projects, have received settlement notices for supplementary subsidy funds from State Grid Corporation of China (the "Notice"). According to the Notice, the total settlement amount of supplementary subsidy funds is approximately RMB 2.064 billion, which the Group has fully received as of the date of this announcement. The recovery of the above supplementary subsidy funds will improve the cash flow of the Company's biomass comprehensive utilization, photovoltaic power generation and wind power projects and the Group, reduce the Group's liabilities, and have a positive impact on the Group's future operations of biomass comprehensive utilization, photovoltaic power generation and wind power projects. The supplementary subsidy funds received this time have been recognized as electricity sales revenue in the corresponding years when electricity sales were made.

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