공시 • Dec 15
Emeren Group To Be Delisted from NYSE Following Completion of Merger Emeren Group Ltd. (“Emeren” or the “Company”) announced the completion of the merger contemplated by the previously announced agreement and plan of merger dated June 18, 2025, as amended by an amendment agreement dated September 2, 2025 (the “Merger Agreement”), among the Company, Shurya Vitra Ltd., a business company incorporated under the Laws of the British Virgin Islands (“Parent”), and Emeren Holdings Ltd, a business company incorporated under the Laws of the British Virgin Islands and a wholly owned subsidiary of Parent (“Merger Sub”). As a result of the merger, the Company became a wholly owned subsidiary of Parent. Under the terms of the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting held on December 9, 2025, each outstanding ordinary share of the Company (“Share”) has been cancelled in exchange for the right to receive USD 0.20 per Share and each American depositary share (“ADS”), each representing ten Shares, has been cancelled in exchange for the right to receive USD 2.00 per ADS (less a USD 0.05 per ADS cancellation fee pursuant to the terms of the deposit agreement), in each case, in cash, without interest and net of any applicable withholding taxes, except for the Shares (including Shares represented by ADSs): (a) held by the Company as treasury shares or owned by Parent, Merger Sub or any other affiliate thereof (the “Cancelled Shares”), (b) as to which appraisal rights have been properly exercised in accordance with Section 179 of the BVI Business Companies Act, as amended (the “BVI Companies Act”) (the “Dissenting Shares”) and (c) held by any Rollover Securityholder (as defined in the Merger Agreement) (the “Rollover Shares,” and together with the Cancelled Shares and the Dissenting Shares, the “Excluded Shares”). The Company also announced that it requested that trading of its ADSs on the New York Stock Exchange (the “NYSE”) be suspended beginning on December 15, 2025. The Company requested that the NYSE file a Form 25 with the Securities and Exchange Commission (the “SEC”) notifying the SEC of the delisting of the Company’s ADSs on the NYSE and the deregistration of the Company’s registered securities. The Company intends to terminate its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), by filing a Form 15 with the SEC in ten days. The Company’s obligation to furnish to or file with the SEC certain reports and forms, including Form 10-K and Form 8-K, will be suspended immediately as of the filing date of the Form 15 and will cease once the deregistration becomes effective. Reported Earnings • Nov 17
Third quarter 2025 earnings released: US$0.065 loss per share (vs US$0.094 profit in 3Q 2024) Third quarter 2025 results: US$0.065 loss per share (down from US$0.094 profit in 3Q 2024). Revenue: US$15.6m (up 22% from 3Q 2024). Net loss: US$335.0k (down 107% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. 공시 • Aug 15
Emeren Group Ltd announced delayed 10-Q filing On 08/14/2025, Emeren Group Ltd announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Jul 04
Emeren Group Ltd Announces Management Changes Emeren Group Ltd. announced a leadership transition within its North America operations. Mr. Cameron "Mac" Moore, Executive Vice President - North America, has departed the Company, and Mr. M. Jahangir Alam has been appointed as his successor, effective immediately. M. Jahangir Alam is a seasoned leader in the North American renewable energy industry, with nearly three decades of experience spanning executive leadership, finance, and M&A. He has held key roles as an operator, financier, and advisor, and has been involved in transactions totaling over $12 billion in value. Most recently at Boralex, Jahangir served as a key member of the senior leadership and led the establishment of the North American M&A team, development of strategic investor and investment banking relationships, and origination of bespoke transaction opportunities. Jahangir originated on a bilateral basis and led the acquisition of a controlling interest in a 1 GW operating wind power portfolio, which was the largest ever acquisition in Boralex's history. Through these transactions Boralex's US asset base increased from 80 MW to 645 MW in less than three years.Previously, Jahangir served as the CFO at Seventus, a wind power development firm, and the president of Alyra Renewable Energy Finance, an M&A advisory boutique he founded in 2003. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: US$0.03 (vs US$0.11 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.03 (up from US$0.11 loss in 1Q 2024). Revenue: US$8.15m (down 44% from 1Q 2024). Net income: US$1.54m (up US$7.47m from 1Q 2024). Profit margin: 19% (up from net loss in 1Q 2024). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Global Construction industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.