CECEP Wind-Power’s controlling shareholder reduces convertible bond holdings again

China Energy Conservation and Environmental Protection Windpower Corporation Limited (CECEP Wind-Power) announced that its controlling shareholder, China Energy Conservation and Environmental Protection Group Co., Ltd., reduced its holdings of “CECEP Wind-Power Convertible Bonds” by 3,000,000 units. This transaction, executed via block trading on the Shanghai Stock Exchange between September 30, 2025, and November 7, 2025, represents 10% of the total issued convertible bonds.

Prior to this latest reduction, China Energy Conservation held 11,080,110 units, accounting for 36.93% of the total issuance. Following the transaction, their holdings decreased to 8,080,110 units, now representing 26.93% of the total “CECEP Wind-Power Convertible Bonds” outstanding.

The “CECEP Wind-Power Convertible Bonds” were initially issued on June 21, 2021, totaling 3,000,000,000 units, with a face value of 100 yuan per unit, and listed on the Shanghai Stock Exchange on July 22, 2021. The controlling shareholder and its concerted parties were initially allocated 14,389,060 units, or 47.96% of the total. This latest divestment follows a previous reduction of 3,308,950 units between July 3, 2023, and September 12, 2025.