<div id="readability-page-1"><div>[SINGAPORE] Sunpower International Holding (Singapore), a wholly owned subsidiary of Sunpower Group , is acquiring a 15 per cent equity interest in Jining Xinneng Thermal Power for about 30.2 million yuan (S$5.5 million).Xinneng Thermal Power, established in September 2024, is majority-owned by Jining Energy Development Group, one of the largest state-owned enterprises in Shandong Province, Sunpower Group said in a Thursday (Dec 4) night bourse filing. It is the exclusive steam supplier to Jining New Material Industrial Park, one of China’s top 20 national key chemical industrial parks. Upon completion of construction and commissioning, Xinneng Thermal Power will also provide residential heating across the Jinxiang County in Jining City and supply electricity to the state grid.“Its diversified customer base, spanning both industrial and residential users, enhances the revenue stability of Xinneng Thermal Power,” Sunpower Group said. It expects the investment to further strengthen its green investments portfolio and deliver long-term value. “By leveraging Sunpower’s technical expertise and Jining Group’s strong local presence, the partnership is expected to create significant synergies in market development and operational efficiency,” it said, adding that this investment deepens ties with Jining Group, paving the way for future collaborations.These could be in areas such as steam pipeline construction, geothermal heating and artificial intelligence-empowered energy efficiency projects.As at Jul 31, 2025, the book value of Xinneng Thermal Power was about 200.5 million yuan, and its net tangible asset value stood at 182.2 million yuan.The investment is expected to be funded through internal resources.Shares of Sunpower Group closed at S$0.525 on Thursday, down S$0.005 or 0.9 per cent.</div></div>

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中聖集團

新加坡的中聖國際控股（Sunpower International Holding）是中聖集團的子公司，正在以 3020 萬元收購濟寧新能熱電 15% 的股份。濟寧新能熱電由濟寧能源發展集團擁有，向濟寧新材料工業園區供應蒸汽，並將提供居民供暖和電力。此次投資旨在增強中聖的綠色投資組合，並與濟寧集團創造協同效應。此次收購將通過內部資源進行融資，中聖的股價收於 0.525 新元，下跌 0.9%

中聖集團的子公司將以 3020 萬元人民幣收購濟寧新能熱電 15% 的股權