Risen Energy’s Net Income Reaches 480 Million RMB in H1 in 2016

Recently, Risen Energy released the semi-annual report.  It shows that company’s sales revenue reaches 3.194 billion RMB, increased 97.72% compared to the last year. The net income reaches 480 million RMB, increased 365.72% compared to the last year.

Risen Energy said that the sales revenue and net income achieve substantial growth, which is because of the industry scale increasing and technology development. Meanwhile, equity incentive plan, Internet financial and other projects help to achieve the strategic goal.

Sunallies, the subsidiary of Risen Energy, has about 57000 registered users. Moreover, it has raised about 150 million RMB for high quality PV enterprises and projects. The first raise project has completed in June and now the third one is raised.

Moreover, Risen Energy is developing the solar projects market, including distributed projects, large scale projects and others, which promote the sales revenue and net income.

Risen Energy will continue to construct the distributed projects and large scale project. Moreover, it will actively build the Internet financial ecosystem and provide the high quality PV modules, project construction, Internet financial and other services.