CF touts Haitang Bay project, cites policy tailwinds

Executive Summary

• CF Energy’s controlled subsidiary, EDF Changfeng (Sanya) Energy Co. Ltd. (EDF CF), has been officially recognized and included in the "Hainan Province 2025 Green Technology Projects and Key Energy-Saving and Carbon-Reduction Technology Equipment Promotion Catalog."
• The Haitang Bay Smart Energy Project, utilizing Combined Cooling, Heating, and Power (CCHP) technology, is certified to reduce carbon dioxide emissions by approximately 76,000 tons annually.
• The update coincides with the launch of island-wide special customs operations in the Hainan Free Trade Port on Dec. 18, 2025, which significantly expands zero-tariff product lines and is expected to enhance the region's competitiveness as a trade hub.

Key Details

• Green Technology Recognition: EDF CF was formally certified by the Hainan Provincial Energy Conservation and Emission Reduction Association. This provincial-level authoritative recognition acknowledges the advancement and practical effectiveness of the district cooling system technology.
• Environmental Impact: The Haitang Bay Smart Energy project is projected to reduce carbon dioxide emissions by approximately 76,000 tons per year.
• Project Scope: The Haitang Bay Smart Energy project supplies cooling, heating, and hot water to hotels, shopping centers, and households in the Haitang Bay area of Sanya City, Hainan Province.
• Technology & Structure: The project utilizes multiple clean energy sources, including solar, hydro, electricity, and natural gas (CCHP/Co-Gen). It is conducted through EDF CF, a joint venture between CF Energy and the French EDF Group, holding a 30-year concession right agreement to build, own, and operate four energy processing stations in Haitang Bay.
• Hainan Free Trade Port Policy Changes:
  • Island-wide special customs operations officially launched on Dec. 18, 2025.
  • The proportion of tariff lines with zero-tariff products increased from 21% to 74%.
  • The number of tariff-free items rose from approximately 1,900 to around 6,600, covering nearly all production equipment and raw materials.
  • Simplified customs clearance procedures are expected to enhance Hainan's competitiveness as a low-cost, high-efficiency trade hub.

Notable Quotes

• No direct quotes from management were included in the provided text.