CECEP Solar Energy Co Ltd

CECEP Solar Energy announced on September 4, 2026 that it received 856 million yuan in renewable energy subsidy funds in August 2026, of which 797 million yuan was state subsidies. From January 1 to August 31, 2026, the company received a total of 2.442 billion yuan in renewable energy subsidy funds, an increase of 5.3% compared with the same period last year, of which state subsidies were 2.322 billion yuan, up 3.11% year on year. The company said the recovery of subsidy funds will improve its cash flow and have a positive impact on operations, and that the subsidy funds were already recognized as electricity revenue in the corresponding year when the electricity was sold, subject to the final results confirmed by the accountant's annual audit.

China Energy Conservation Solar Energy announced that in July 2026, the company received a total of 940 million yuan in renewable energy subsidy funds, an increase of 82.52% compared to the same period last year. Of this, national renewable energy subsidy funds amounted to 929 million yuan, up 87.30% year-on-year. From January 1 to July 31, 2026, the company accumulated 1.586 billion yuan in renewable energy subsidy funds, a rise of 152.95% over the prior year, with national subsidies reaching 1.525 billion yuan, an increase of 166.61%. The company stated that the recovery of these subsidy funds will improve the cash flow of its photovoltaic power stations and have a positive impact on future operations.

Solar Energy announced that its subsidiary photovoltaic power generation project companies received a total of 646 million yuan in renewable energy subsidy funds from January to June 2026, an increase of 475.93 percent compared to the same period last year. Of this, national renewable energy subsidy funds amounted to 595 million yuan, up 687.46 percent year-on-year. The recovery of these subsidies will improve the company's cash flow and have a positive impact on operations.