Key Points for Investors
- Concord New Energy Group Limited (Stock Code: 182), incorporated in Bermuda and currently listed on the Hong Kong Stock Exchange, has announced its expected secondary listing date on the Singapore Exchange (SGX-ST).
- The Company expects its ordinary shares to commence trading on the SGX-ST on 6 January 2026, subject to fulfillment of conditions in the Eligibility-to-List (ETL) letter and prevailing market conditions.
- The ETL was received from the SGX-ST, confirming the regulatory green light for the proposed secondary listing, but it is not an indication of the merits of the listing or the Company’s shares.
- As of market close on 5 January 2026 (Hong Kong time), the Company’s shares were trading at HK\$0.340 per share, which is approximately S\$0.056 per share based on the exchange rate of S\$1: HK\$6.05.
Details of the Proposed Secondary Listing
Concord New Energy Group Limited and its subsidiaries (the “Group”) have been actively preparing for a secondary listing on the Main Board of the Singapore Exchange. This follows several prior announcements, including the initial indication of intent to list on the SGX-ST dated 27 February 2025, the confirmation of ETL received on 23 December 2025, and the issuance of an introductory document on 29 December 2025.
The Board of Directors, chaired by Mr. Liu Shunxing, has notified shareholders and potential investors about the expected listing date, emphasizing that the process remains contingent upon fulfilling all regulatory requirements set out by the SGX-ST and prevailing market conditions.
Important Note: There is no assurance that the proposed secondary listing will be completed. Shareholders and potential investors are strongly advised to exercise caution in their dealings with the Company’s securities, as the outcome of the listing process could materially affect share values.
Share Price and Exchange Rate Information
- The latest price for Concord New Energy shares on the Hong Kong Stock Exchange as of 5 January 2026 was HK\$0.340.
- This equates to approximately S\$0.056 per share based on the prevailing exchange rate of S\$1 = HK\$6.05.
- For illustrative purposes, this exchange rate has been used in the announcement. No representation is made that future conversions will occur at this or any other rate.
Board Composition and Corporate Governance
As of the announcement date, the Board of Concord New Energy Group Limited comprises a mix of executive, non-executive, and independent non-executive directors, including:
- Chairman: Mr. Liu Shunxing
- Vice Chairperson: Ms. Liu Jianhong
- Chief Executive Officer: Mr. Niu Wenhui
- Executive Directors: Mr. Zhai Feng, Ms. Shang Jia, Mr. Chan Kam Kwan (Jason)
- Non-executive Director: Mr. Wang Feng
- Independent Non-executive Directors: Ms. Huang Jian, Mr. Jesse Zhixi Fang, Mr. Zhang Zhong, Ms. Li Yongli, Mr. Chua Pin
Implications for Shareholders
- The proposed secondary listing on the SGX-ST represents a significant corporate action that may enhance the Company’s profile, broaden its investor base, and improve liquidity.
- Completion of the listing is not guaranteed and depends on regulatory and market factors.
- Shareholders should closely monitor updates from the Company, as any developments or changes in the listing process could impact the share price.
- Any material changes or updates will be announced in accordance with regulatory requirements.
Conclusion
The announcement of Concord New Energy Group’s expected secondary listing date on the Singapore Exchange is a potentially price-sensitive development for investors. While the regulatory groundwork has been laid, the completion of the listing is subject to further conditions and market circumstances. Stakeholders should remain vigilant and exercise caution in their investment decisions, as the outcome may materially affect share valuation and market dynamics.
Disclaimer: This article summarizes publicly available information from Concord New Energy Group Limited’s regulatory announcement. It does not constitute investment advice. Investors are urged to consult their professional advisors and review the official company filings before making any investment decisions. The secondary listing process is subject to regulatory approval and market conditions; there is no guarantee of completion or future share price performance.
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