Xinjiang Lixin Energy Co., Ltd. Class A
SSZSE:0012588.66
CNY
+0.07
(+0.81%)
ISIN
CNE100005GM6
Return %
Stock
S&P 500
1Y
15.16
13.14
3Y
15.16
80.78
5Y
- -
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Zhao Jun Dou
- Full Time Employees
- 240
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Urumqi China
- IPO Date
- Jul 27, 2022
- Similar Companies
- Business
- Xinjiang Lixin Energy Co., Ltd. is a China-based renewable energy utility primarily engaged in the investment, development, construction, operation, and maintenance of clean energy power generation projects. Founded in 2013 and headquartered in Urumqi, Xinjiang Uygur Autonomous Region, China, the company operates as a core clean energy development arm under the state-owned Xinjiang Energy (Group) Co., Ltd. The company operates primarily within the power and utilities sector, offering electricity generation and technical services across specialized business divisions: wind power generation, encompassing the site prospecting, development, engineering construction, grid connection, and commercial operation of centralized onshore wind power farms; photovoltaic power generation, comprising the investment, construction, management, and power generation of centralized ground-mounted solar photovoltaic stations and distributed solar installations; integrated energy and storage solutions, consisting of battery energy storage system (BESS) deployments, centralized energy storage stations, and multi-energy complementary wind-solar-storage power systems; and renewable energy operations and maintenance (O&M), providing facility monitoring, high-voltage electrical equipment upkeep, wind turbine and solar module lifecycle servicing, and clean energy technical consulting. Xinjiang Lixin Energy Co., Ltd. sells the vast majority of its generated electricity directly to regional subsidiaries of the State Grid Corporation of China for regional grid consumption and inter-provincial export via ultra-high-voltage (UHV) power transmission corridors. In recent developments, Xinjiang Lixin Energy Co., Ltd. has accelerated its operational expansion and asset scale following its initial public offering on the Shenzhen Stock Exchange. In line with regional state-owned enterprise structural reorganizations, the company has aligned its strategic development with the newly consolidated Xinjiang Energy Group, facilitating enhanced access to capital, land, and grid-connection quotas. The company has substantially increased its capital expenditure to advance multi-gigawatt wind-solar-storage base projects across key energy hubs in Hami, Changji, and southern Xinjiang. Furthermore, the company has expanded its operational scope by forging strategic cooperation agreements with regional industrial clients and technology partners to develop green power direct-supply mechanisms, grid-side energy storage stations, and pilot initiatives integrating renewable power supply with green hydrogen and green chemicals production.