Mission Statement, Vision, & Core Values (2026) of Jiangsu New Energy Development Co., Ltd.

Founded in 2002 and headquartered in Nanjing as a subsidiary of Jiangsu Guoxin Investment Group, Jiangsu New Energy Development Co., Ltd. (603693.SS) combines a clear mission to 'create excellent quality, build a national brand' with a forward-looking vision to become a 'world-class material R&D and production enterprise,' and that ambition is backed by real metrics: in 2024 JNEC reported revenue of CNY 2.10 billion-a 7.88% increase year-on-year-while employing 593 staff as of December 31, 2024 and holding a market capitalization of about CNY 12.97 billion as of July 1, 2025; operational achievements include installing over 5 GW of PV capacity in 2023, plans to allocate 15% of annual revenue (≈¥1.5 billion) toward solar and wind innovation, a commitment to reduce carbon emissions by 30% by 2030 versus 2020, a ¥200 million five-year community investment pledge, and an expansion target into five new countries by 2025-all anchored by core values of integrity, innovation, sustainability, collaboration and customer focus that drive JNEC's project development, R&D spending and global growth strategy

Jiangsu New Energy Development Co., Ltd. (603693.SS) - Intro

• Primary businesses: wind power, solar PV, biomass power plant development and operation
• Headquarters: Nanjing, Jiangsu Province
• Parent: Jiangsu Guoxin Investment Group Limited
• Workforce: 593 employees (as of 2024-12-31)
• 2024 Revenue: CNY 2.10 billion (up 7.88% YoY)
• Market cap: ~CNY 12.97 billion (2025-07-01)

• Deliver reliable, cost-effective renewable energy solutions to support China's low-carbon transition.
• Create long-term value for stakeholders through disciplined project development, operational excellence, and prudent investment.
• Foster local economic development and energy security across project regions.

• Be a leading regional champion in renewable energy, scaling capacity while maintaining asset profitability and operational stability.
• Achieve sustainable growth through diversified energy mix (wind, solar, biomass) and strategic partnership with Jiangsu Guoxin Investment Group.
• Contribute materially to China's carbon neutrality goals by expanding clean generation and improving grid integration.

• Integrity - transparent governance and regulatory compliance in project execution and reporting.
• Operational Excellence - optimize O&M, asset availability, and lifecycle cost control.
• Innovation - adopt technology and digital tools to raise efficiency and grid compatibility.
• Safety & Environment - prioritize workforce safety and minimize environmental footprint across project lifecycle.
• Community Engagement - invest in local employment and stakeholder relations where projects are sited.

• Pipeline expansion: prioritize high-capacity-factor wind sites and utility-scale solar to improve blended returns.
• Asset optimization: enhance availability and reduce LCOE through targeted O&M investments and predictive maintenance.
• Financial discipline: maintain steady revenue growth (2024: CNY 2.10B, +7.88%) while managing leverage to support capex and acquisitions.
• Partnership & capital: leverage parent-group relationships for project financing and regional land/resource access.

Jiangsu New Energy Development Co., Ltd. (603693.SS) - Overview

Mission: 'Create excellent quality, build a national brand.' This mission anchors Jiangsu New Energy Development Co., Ltd. (603693.SS) in delivering high-quality renewable energy solutions, advancing energy-efficiency innovation, and pursuing national recognition through scalable project deployment and product excellence.

• Commitment to high-quality renewable technologies and best-in-class manufacturing standards.
• Focus on energy-efficiency innovations across PV, energy storage, and integrated new-energy systems.
• Strategic national expansion to build a recognized brand across Chinese provinces and selected international markets.

Operational highlights (selected):

Vision: To be a leading national champion in new energy, recognized for reliable technology, scalable project delivery, and sustainable contributions to China's low-carbon transition. The vision guides long-term investments in project pipelines, partnerships, and technology platforms that increase system-level efficiency and lifecycle value.

• Scale leadership: achieve nationally significant installed capacity and project pipelines.
• Technology leadership: continuous improvement in PV module/system performance and integration with storage.
• Sustainability leadership: reduce lifecycle emissions intensity across deployments.

Core values that drive daily decisions and strategy:

• Quality-first: rigorous QA/QC in manufacturing, procurement, and project execution.
• Innovation: sustained R&D and process improvement to raise energy yields and reduce costs.
• Integrity: compliance with regulations, transparent governance, and stakeholder accountability.
• Customer focus: tailor solutions for utility-scale, C&I, and distributed generation clients.
• Collaboration: partnerships with developers, financiers, and local governments to unlock projects.

Strategic operational levers aligned with mission and vision:

• Project pipeline growth-accelerated project approvals and grid connections to convert capacity into revenue-generating assets.
• Product and service quality-investment in engineering, procurement, and construction (EPC) capabilities plus O&M excellence.
• R&D and technology adoption-targeted improvements in module efficiency, balance-of-system costs, and storage integration.
• Geographic diversification-expansion across Chinese provinces and selective international markets to spread development risk.

For a focused financial and investment perspective, see: Breaking Down Jiangsu New Energy Development Co., Ltd. Financial Health: Key Insights for Investors

Jiangsu New Energy Development Co., Ltd. (603693.SS) - Mission Statement

• Lead material innovation for solar and wind systems via high-performance, cost-effective products.
• Cut lifecycle carbon emissions across operations and products, prioritizing a 30% reduction by 2030 vs. 2020 baseline.
• Allocate capital and revenue to R&D and community initiatives that scale renewable adoption and economic resilience.
• Expand global footprint responsibly, entering new markets while maintaining compliance and local partnerships.
• Maintain financial discipline to support sustainable growth, R&D reinvestment, and shareholder returns.

Vision Statement

• Carbon reduction: target a 30% decrease in carbon emissions by 2030 versus 2020 baseline.
• R&D spend: dedicate 15% of annual revenue to innovation in solar and wind technologies (2024 target allocation).
• Revenue context: 2024 estimated annual revenue approximately ¥1.5 billion, implying ~¥225 million directed to R&D in that year.
• Community investment: commit ¥200 million over the next five years to sustainable community programs and local economic support.
• Global expansion: open operations in five new countries by end-2025 to broaden market share and technology dissemination.

• R&D focus areas: advanced photovoltaic materials, next-generation wind blade composites, recyclability and circular materials, system-level efficiency improvements.
• Operational levers to hit carbon target: energy efficiency retrofits, on-site renewable generation, supply-chain decarbonization, and product lifecycle design.
• Community program examples: workforce training in green manufacturing, microgrids for rural clinics, grants for local sustainable SMEs.

Jiangsu New Energy Development Co., Ltd. (603693.SS) - Vision Statement

• Target: Achieve cumulative installed renewable capacity exceeding 3 GW by 2030 through organic growth and targeted M&A.
• Financial ambition: Sustain a mid-to-high single-digit to low double-digit EBITDA margin while targeting annual revenue compound growth (CAGR) of 12-18% over the next five years.
• ESG commitment: Reduce Scope 1 and 2 carbon intensity by at least 50% (baseline 2018) and aim for net-zero operational emissions by 2045.

• Integrity: Full compliance with corporate governance standards, internal controls, and transparent stakeholder reporting.
• Innovation: Continuous R&D investment and prototype deployment in PV, wind, and battery systems.
• Sustainability: Operational measures to minimize lifecycle emissions and maximize resource efficiency.
• Collaboration: Joint ventures and strategic alliances to accelerate project pipelines and grid integration.
• Customer focus: Tailored O&M, performance guarantees, and digital service platforms for asset owners and commercial clients.

• Investment decisions prioritize projects with predictable returns, high capacity factors, and alignment with decarbonization targets.
• R&D allocation focuses on system-level innovation: efficiency gains, hybridization (PV+BESS), and digital O&M that improve LCOE and asset uptime.
• Partnership strategy emphasizes joint development with regional developers, offtake security through corporate PPAs, and financing collaborations to optimize capital structure.
• Customer-centric services expand aftermarket revenue: performance guarantees, remote monitoring, and value-added energy management offerings.