Concord New Energy Group Limited Makes Strategic Secondary Listing on SGX Mainboard

Singapore, 6 January 2026 – In a significant development for the renewable energy sector and regional capital markets, Concord New Energy Group Limited (“CNE Group”) has officially commenced its secondary listing on the Mainboard of the Singapore Exchange (SGX), trading under the stock code “SEG”. The move marks a new chapter for CNE Group, a leading renewable energy investment holding company originally listed on the Hong Kong Stock Exchange.

Key Highlights for Investors

• Secondary Listing on SGX: CNE Group, already listed on the Hong Kong Stock Exchange since 2007, now expands its investor base with a secondary listing in Singapore. This dual listing is intended to provide the company with broader access to global capital, enhance liquidity, and strengthen its international profile.
• Strategic Positioning: The company has chosen Singapore, citing its strategic role at the intersection of advanced artificial intelligence, next-generation energy systems, and global capital markets. This reflects CNE Group’s commitment to leveraging Singapore’s dynamic financial ecosystem for further growth in the renewable energy market.
• Business Overview: CNE Group is headquartered in Singapore and operates an impressive portfolio exceeding 5 Gigawatts, focusing on wind power, photovoltaic (PV) solar, energy storage systems, and other renewable energy assets. The company is deeply engaged in the development, investment, and operation of these assets globally.
• Corporate Governance and Global Expansion: The secondary listing is part of CNE Group’s broader strategy to enhance corporate governance and increase engagement with international capital markets. This may improve transparency, oversight, and investor confidence.
• Commitment to Sustainability: CNE Group has reaffirmed its mission to accelerate the global transition from fossil fuels to clean and renewable energy. This aligns with increasing investor interest in ESG (Environmental, Social, and Governance) initiatives and could attract new pools of capital focused on sustainable investments.
• SGX’s Role as Asia’s Leading International Exchange: The listing underscores SGX’s reputation as a hub for international companies seeking growth and access to global investors. Approximately 40% of SGX-listed companies originate outside Singapore, offering a robust platform for CNE Group’s continued expansion.

Potential Price-Sensitive and Shareholder-Relevant Factors

• Enhanced Access to Capital: The secondary listing can improve liquidity for CNE Group shares and facilitate future fundraising, which may support growth initiatives and potentially lead to value accretion for shareholders.
• International Investor Base: By tapping into SGX’s diverse network, CNE Group stands to benefit from increased international investor participation, which could impact share demand and valuation.
• Strengthened Governance and Transparency: Dual-listing requirements may result in improved corporate governance standards, providing additional safeguards for shareholders and potentially reducing risk premiums.
• Sustainability Focus: CNE Group’s clear positioning in the green energy transition and its commitment to sustainability may attract ESG-focused funds and investors, potentially impacting share price positively as global capital increasingly prioritizes sustainability.

Statements from Leadership

Liu Shunxing, Chairman of CNE Group: “Today makes a significant milestone for CNE Group. Our secondary listing on the Singapore Exchange represents a key step in advancing our global business strategy. It reflects our long-term commitment to strengthening corporate governance and actively engaging with international capital markets. Singapore occupies a uniquely strategic position at the intersection of advanced artificial intelligence, next-generation energy systems, and global capital markets. We are honoured to become part of Singapore’s capital market and look forward to building long-term, constructive partnerships with both local and international investors. We remain firmly committed to contributing more on the global transition from fossil fuels to clean and renewable energy.”

Pol de Win, Head of Global Sales and Origination, SGX Group: “Concord New Energy Group’s listing in Singapore underscores the role of global capital markets in scaling renewable infrastructure and supporting sustainable energy transition. As Asia’s most international multi-asset exchange with a strong commitment to transition finance, SGX offers Concord New Energy Group an international platform to expand its reach to a diverse network of global investors, customers and partners as it advances the transition to cleaner energy.”

About Concord New Energy Group Limited

CNE Group is a global leader in the development and provision of green power, including wind and solar energy, as well as energy storage solutions. The company is committed to delivering high-quality clean energy and professional services that promote sustainability and the harmonious development of people and nature.

About SGX Group

SGX Group operates as a highly trusted international marketplace for equities, fixed income, currencies, and commodities. With a strong commitment to sustainability through its SGX FIRST (Future in Reshaping Sustainability Together) platform, SGX is recognized for its regulatory standards, risk management, and role as a leading transition financing and trading hub in Asia.

Shareholder Considerations

• The secondary listing could lead to improved share liquidity and valuation.
• The company’s expanded access to international capital may support future growth and project financing.
• Enhanced transparency and governance standards could reduce risk and appeal to institutional investors.
• The company’s alignment with global sustainability trends may drive additional demand from ESG-focused investors.

Contact Information

For further details, investors can contact:
Charissa He
Marketing & Communications, SGX Group
Email: [email protected]

Disclaimer: This article is for informational purposes only and does not constitute financial advice or an offer to buy or sell any securities. Investors should conduct their own due diligence and consult their financial advisors before making investment decisions. The information provided is based on official press releases and may be subject to change without notice.

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