About JNCEC Company

Beijing Jingneng Clean Energy Power Co., Ltd. (hereinafter referred to as the "Company" or "the Company") was established in August 2010 and is a controlling subsidiary of Jingneng Group. The Company was listed on the Main Board of the Hong Kong Stock Exchange on December 22, 2011. Together with its subsidiaries (collectively referred to as the "Group"), the Company operates across 26 provinces, municipalities, and autonomous regions, including Beijing, Inner Mongolia, Ningxia, Sichuan, Hunan, and Guangdong. Its business portfolio encompasses wind power generation, photovoltaic power generation, gas-fired power and heat supply, small- and medium-sized hydropower, energy storage, and other clean energy generation activities. The Company is a leading operator of wind and photovoltaic power in China and the largest supplier of gas‑fired combined heat and power in the Beijing region, positioning itself as an industry‑leading clean energy service provider. As of December 31, 2024, the Company's total installed generating capacity stood at 17.437 million kilowatts, of which 12.662 million kilowatts are from non‑fossil energy sources. Wind power capacity totals 6.858 million kilowatts, primarily concentrated in resource‑rich areas such as Inner Mongolia, Shaanxi–Gansu–Ningxia, and the Beijing–Tianjin–Hebei region. Photovoltaic capacity amounts to 5.268 million kilowatts, distributed across China's sun‑rich northwest, North China, and South China regions. In Beijing and Yichang, Hubei, the Company operates eight gas‑fired combined heat and power plants with a combined installed capacity of 4.775 million kilowatts; these seven plants in Beijing account for over 47% of the city's total gas‑fired electricity generation and more than 43% of its centralized heat supply, making the Company the leading gas‑fired CHP provider in the capital. Additionally, the Company manages small- and medium-sized hydropower projects and other clean energy ventures, with a total hydropower capacity of 310,000 kilowatts mainly located in water‑rich southwestern China, and an energy storage capacity of 226,000 kilowatts, primarily deployed in Ningxia and Guangxi. The Company remains committed to prioritizing economic efficiency and pursuing high-quality development, continuously optimizing its industrial structure, and implementing its wind-and-solar strategy with precision. Adhering to the overarching work principle of "steady progress with speed, steady advancement with quality," it actively implements the major strategic decisions of achieving carbon peaking and carbon neutrality. By placing green development first, technological innovation as its primary driving force, and talent as its most valuable asset, the Company strives to foster higher‑quality, more efficient, and more sustainable growth, aiming to become a world‑class, capital‑centric clean energy service provider that is smarter, lower‑carbon, more flexible, and more resilient.