Concord New Energy Group Limited has successfully completed its secondary listing on the Singapore Exchange (SGX) Mainboard, marking a significant milestone as the first China renewable energy company to do so in 2026. CGS International Securities Singapore Pte. Ltd. acted as the sole issue manager for this landmark transaction, which aims to broaden Concord New Energy’s capital markets presence in Asia.
The listing, under the ticker symbol SEG, is the first on SGX this year and supports Concord New Energy’s global expansion in wind, solar, and energy storage sectors. Jason Saw, Group Head of Investment Banking at CGS International, highlighted Singapore’s role as a strategic gateway for companies seeking diversified, long-term capital. “As the sole issue manager, we are pleased to support Concord New Energy in broadening its investor base and advancing its global growth strategy,” Saw stated.
Liu Shunxing, Board Chairman of Concord New Energy, expressed the company’s commitment to strengthening corporate governance and engaging with international capital markets. “Our secondary listing on the Singapore Exchange represents a key step in advancing our global business strategy,” Liu said.
This achievement marks CGS International’s third secondary listing of a Chinese firm on the Singapore Exchange, following Helen’s International Holdings in 2024 and China Medical Systems in 2025. The move is expected to attract more international long-term capital to support Concord New Energy’s renewable energy business expansion globally.
