External broker reports(aggregated public sources), CMB International

CMB International

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>China Longyuan (CLY) reported revenue of RMB28.097bn for 1Q-3Q23, experiencing a 7.00% YoY decrease.</li><li>However, its net profit saw a notable increase of 18.95% YoY to RMB6.379bn thanks to a rapid rise in newly added installed capacity of wind and solar power and lower operating costs.</li><li>Additionally, CLY is actively focusing on “substitution of large for small" of old wind turbines to enhance long-term results and is actively engaged in green electricity and certificate trading. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

China Longyuan (CLY) reported revenue of RMB28.097bn for 1Q-3Q23, experiencing a 7.00% YoY decrease.However, its net profit saw a notable increase of 18.95% YoY to RMB6.379bn thanks to a rapid rise in newly added installed capacity of wind and solar power and lower operating costs.Additionally, CLY is actively focusing on “substitution of large for small" of old wind turbines to enhance long-term results and is actively engaged in green electricity and certificate trading. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China Longyuan (916 HK) – Lead the Way as the Renewable Frontrunner

China Longyuan Power

China Longyuan (916 HK) – Lead the Way as the Renewable Frontrunner