Clenergy Lists on Shanghai Stock Exchange
On January 12th, 2017, Clenergy (Xiamen) Technology Co., Ltd. (Clenergy Share, SHN: 603628) was officially listed during a grand listing ceremony at the Shanghai Stock Exchange (SSE).
Clenergy President Daniel Hong signed the Listing Agreement with the SSE’s lead counsel. Following the symbolic exchange of gifts, Mr. Hong joined by Ms. Shi Lihua, Deputy Director of Xiamen Huoju Hi-tech Zone Committee, struck the gong to officially announce the start of Clenergy share sales. With the sounding of the gong, Clenergy formally became a listed solar company on the Shanghai Stock Exchange. Clenergy’s issued share price is 5.57 yuan, with a total share capital of 273 million shares, and a listing capital of 68.45 million shares. On the very first day of trading, Clenergy shares reached a price-earning ratio of 22.9.
Established in 2007, Clenergy is a high-tech company specializing in comprehensive solar power plant solutions. In addition to investing in Research & Development expertise, Clenergy manufactures its own components, and markets its product line to a wide variety of consumers. Headquartered in Xiamen, China, Clenergy is present across several countries including Australia, the United States, the United Kingdom, Hong Kong, Japan, Thailand and the Philippines. It has manufacturing bases in Xiamen and Tianjin.
Clenergy built its business on three main pillars: Manufacturing is devoted to the development of solar power station ancillary products; Services focus on the development and construction of solar power stations; while Investments fund, profit from, and sustain, timely clean energy projects.
Clenergy PV mounting products have been successfully deployed to projects across Australia, Japan, the United Kingdom, the United States, China, and more than two dozen other countries and regions. Our products are installed in more than1,000 solar power parks and over14,000 rooftop solar power stations.
Clenergy’s years of experience and innovation in the industry are reflected in their offerings. Top quality and high performance products have won market recognition and earned market leading position for the firm. To date, Clenergy has received nearly a hundred patents and software copyrights.
Clenergy’s agility and strength come from its business strategy of “International Market + Localized Services + Made in China.” This high-value model has enabled Clenergy to achieve impressive growth and gratifying success within just a decade.
Clenergy-developed solar parks are distributed mainly in the West of China while its rooftop solar power station distribution lies to the East and South of China.
In ten years, Clenergy established core advantages in international market strategy, product and technology innovation, A-list clientele, professional management, brand maturity, and an integrated industry chain. As a result, its business and assets have steadily and greatly increased.
The successful listing on the Shanghai Stock Exchange A Share is both a great milestone and a strong new start for Clenergy. Looking forward to both opportunities and challenges, Clenergy will steer its course true to its principles of “Innovation, Quality and Service” to create even more value, working closer to its vision of becoming the leading global actor in renewable energy.