China Resources Power updates spin-off: China Resources New Energy to list in Shenzhen at RMB10.11 per share

Bulletin Express

06/18

On 18 June 2026, China Resources Power Holdings Company Limited (China Resources Power) released an update on the planned spin-off and A-share listing of its subsidiary, China Resources New Energy Holdings Company Limited (the SpinCo).

The SpinCo has set a final offer price of RMB10.11 per share for its Shenzhen Stock Exchange listing. It will issue 2.11 billion shares initially, with the potential to expand the offering to 2.42 billion shares should the over-allotment option be exercised.

Based on the disclosed parameters, the initial tranche could raise approximately RMB21.30 billion, rising to about RMB24.50 billion if the full over-allotment is executed.

Further details and subsequent announcements will be available on the Shenzhen Stock Exchange website (www.szse.cn).

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