Cecep Solar Energy announces Q3 2025 profit distribution plan

Cecep Solar Energy announced a profit distribution plan for the third quarter of 2025, proposing a cash dividend of 0.631760 yuan per 10 shares (including tax). The total cash distribution amounts to 247,035,853.13 yuan. This plan follows the company's unaudited net profit attributable to shareholders of 1,125,321,549.22 yuan for the first three quarters of 2025. The distribution is subject to approval at the 2025 first extraordinary general meeting.

The company's "Tauneng Convertible Bond" adjusted its conversion price to 5.61 yuan per share, effective July 11, 2025, due to the 2024 annual equity distribution. Additionally, the share repurchase price limit was adjusted to 6.63 yuan per share. These adjustments ensure alignment with financial regulations and reflect the company's performance.

The company's operating revenue for the first three quarters decreased by 14.08% to 4,101,191,056.08 yuan, mainly due to a decline in solar product sales volume and prices. However, cash flow from operating activities significantly increased by 132.11% to 3,077,833,584.27 yuan, partly due to increased electricity subsidy receivables and reduced procurement spending.