cecep wind-power, an investment project of china everbright ltd. listed on shanghai stock exchange
cecep wind-power corporation company limited (cecep wind-power), an investment project of china everbright limited’s venture capital funds, was listed on the shanghai stock exchange with stock code: 601016.sh. 177.78 million a shares of common stock have been issued in the ipo at a price of rmb2.17 per share for gross proceeds of rmb386 million. the total share capital after ipo is about 1,778 million shares, of which the funds managed by china everbright ltd. holds 160 million shares, contributing to 9% stake of cecep wind-power.
cecep wind-power is a state-owned joint-stock company, with china energy conservation and environmental protection group (cecep) as its majority shareholder and national council for social security fund, china development bank capital corporation limited and china everbright limited as its minority shareholders. formerly established and wholly-owned by cecep in response to the national policy of constructing a resource-saving and environment-friendly society and accelerating the development of renewable energy, as well as the strategic objectives of cecep’s main business development, cecep wind-power was founded in 2006 specializing in development, investment, management, construction and operation and maintenance of wind power projects.
for more information of cecep wind-power, please visit: .
about everbright
china everbright limited (“everbright”, stock code: 165.hk) has woven huge cross-border social and business networks in hong kong and the mainland. china everbright limited, being a member of china everbright group, is a diversified financial services enterprise operating in hong kong and mainland china. it is the second largest shareholder of everbright securities (stock code: 601788.sh) and third largest shareholder of china everbright bank (stock code: 601818.sh, 6818.hk) in the mainland. china everbright group is the holding company of everbright.
established in 1997 at hong kong, everbright persistently pursues its “macro asset management” strategy, with specific focuses being placed on fund management and investment businesses, namely primary market investment, secondary market investment and structured financing and investment.
moreover, being a substantial shareholder of china aircraft leasing group holdings limited (stock code: 1848.hk), everbright is actively developing aircraft leasing business in china and emerging markets. in addition, by leveraging the advantages in cross-border fee-based business of an associate, everbright securities, everbright also participates in the development of investment banking (corporate financing) and brokerage services (wealth management) businesses in hong kong.
over the past years, everbright has developed solid bases in various sector markets. it manages series of private equity funds, venture capital funds, sector focus funds and hedge funds as operated via an international management platform, and provides overseas investors with opportunities to explore and invest in companies with fast growing potential in the mainland china. on the other hand, everbright also seeks investment opportunities from overseas and provides diversified financial services for its clients in mainland china.
as of 30 june 2014, aum of everbright has reached over hk$40 billion with a total of 22 funds.
through upholding the philosophy of “making wealth simple”, everbright leverages on its own substantial financial strength, as well as the position and influence of china everbright group and its affiliated companies in the financial industry in china, and has successfully built huge cross-border social and business networks in hong kong and the mainland, and established a reputable image in the market.
