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[Hong Kong, 14 April 2025] Emperor International Holdings Limited (Stock Code: 163) under its property arm, Emperor Properties, has recently signed a Renewable Energy Development Cooperation Agreement with China Resources Power Holdings Company Limited (CR Power). The partnership will focus on the development of solar energy, with the Sui Wo Court Commercial Centre, a property under Emperor Properties, as the first pilot project. This initiative also marks the first collaboration between CR Power and a Hong Kong developer in the field of renewable energy.
This project will involve the installation of over 200 solar panels on the rooftop of the commercial centre. The system is expected to generate an annual electricity output of 170,000 kWh, equivalent to the yearly electricity consumption of more than 50 local households. The energy generated will be used to power the commercial centre, reducing electricity costs while promoting energy conservation and emission reduction. It is estimated that the project will reduce at least 180 tons of carbon dioxide emissions annually, contributing significantly to sustainable development.
Mr. Alex Yeung, Vice Chairman of Emperor International Holdings Limited, remarked: “We are honoured to partner with CR Power in this renewable energy development project. Emperor Properties has always championed green living and energy management, with sustainability as one of our key goals. This project perfectly aligns with our commitment to energy conservation and emission reduction. By using the Sui Wo Court Commercial Centre as our first pilot site for solar panel installation, we hope to pave the way for future collaborations with CR Power and expand renewable energy facilities across other properties under Emperor Properties.”
Mr. Ma Li, Vice President of CR Power, commented: “This is our first collaboration with a Hong Kong developer to develop a renewable energy project. We are providing one-stop services for the design, construction, and maintenance of the project to enhance energy efficiency, reduce energy consumption, and lower operating costs. This partnership represents an important opportunity for us to increase our investment in Hong Kong and work with various stakeholders to promote a green, low-carbon lifestyle. We look forward to using the Sui Wo Court Commercial Centre project as a model, laying a solid foundation for further collaboration in the future.”
About Emperor International Holdings Limited
Emperor International is an investment holding company, which is principally engaged in property investment, property development and hospitality services, with its major property portfolio located in the Greater China and the United Kingdom. Under its tri-engine business model, Emperor International owns and manages investment properties in prime locations that generate solid income; develops residential projects to drive earnings visibility; and operates hospitality services with strong recurrent cash flow. With its management execution strengths and market insight, Emperor International aims to be a key property player in the Greater China. For more information, please visit its website: www.EmperorInt.com.
China Resources Power Holdings Company Limited
CR Power Holdings Co., Ltd. (referred to as “CR Power”) was established in August 2001 and listed on the Main Board of the Hong Kong Stock Exchange in November 2003. It is currently a constituent stock of the Hang Send Index. As a subsidiary of China Resources Group, CR Power is one of the most efficient and profitable integrated energy companies in China. Its business encompasses wind power, photovoltaic power generation, thermal power, hydropower, distributed energy, electricity sales, comprehensive energy services, and coal.