CECEP Wind-Power shareholder reduces convertible bond holdings

CECEP Wind-Power Corp announced that its controlling shareholder, China Energy Conservation and Environmental Protection Group (China Energy), and CECEP Capital Holdings Co., Ltd., have decreased their convertible bond holdings. Between July 3, 2023, and September 12, 2025, they collectively sold 3,308,950 convertible bonds, representing 11.03% of the total issued amount.

Before this reduction, China Energy and CECEP Capital held a combined 14,389,060 bonds, accounting for 47.96% of the issued amount. Following the sales, their combined holding is now 11,080,110 convertible bonds, reducing their total stake to 36.93%.

The convertible bonds, known as "Jieneng Zhuanzhai" with stock code 113051, were issued on June 21, 2021, totaling 30 million units with a face value of yuan 100 each, raising yuan 3 bn. The bonds began trading on the Shanghai Stock Exchange on July 22, 2021.