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01811 CGN NEW ENERGY

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  • 2.290
  • -0.020-0.87%
Trading Apr 19 10:17 CST
9.83BMarket Cap4.69P/E (TTM)

About CGN NEW ENERGY Company

CGN Renewable Energy Holdings Co., Ltd. (“CGN New Energy” for short) (formerly CGN Meiya Electric Power Holdings Co., Ltd.) is an Asian independent power producer with diverse power types and geographical distribution. Our asset portfolio includes wind, solar, gas, coal, fuel, hydropower, cogeneration and fuel cell power projects and a steam project located in China and Korea. In November 2010, CGN Group Co., Ltd. “CGN” acquired all of the company's share capital through CGN Huamei Investment Co., Ltd., an indirect wholly-owned subsidiary of CGN, and became our controlling shareholder. CGN is a wholly owned state-owned company established on September 29, 1994, in accordance with Chinese law. Authorized by the State Council in accordance with China's Company Law and other administrative regulations, the State-owned Assets Administration Commission has investor rights and responsibilities in CGN. We focus on acquiring clean and renewable energy power generation projects while continuing to develop our own new construction and expansion to deliver solid returns and create shareholder value. We are positioned as the world's only platform for CGN to develop and operate non-nuclear clean and renewable energy power generation projects. The Group was successfully approved to acquire the first batch of clean and renewable energy project assets from CGN in 2015, including 13 wind power project companies and 6 solar project companies, with a total operating capacity of about 1,400 megawatts. The acquisition adds high-quality wind power and solar assets to the Group's portfolio, further highlights the Group's advantages as the only non-nuclear clean and renewable energy power generation project platform for CGN, and enhances the Group's competitiveness.

Company Profile

Symbol01811
Company NameCGN NEW ENERGY
ISINBMG202981087
Listing DateOct 3, 2014
Issue Price1.71
Shares Offered1.03B share(s)
FoundedSep 28, 1995
Registered AddressBermuda
Chairmanzhiwu zhang
Secretaryjian li
Audit InstitutionKPMG
Company CategoryOverseas registration of Mainland State-owned Assets control
Registered OfficeVictoria Place 31 Victoria Street Hamilton HM10, Bermuda
Head Office and Principal Place of Business15th Floor, Harbour Centre, 25 Harbour Road, Wanchai, Hong Kong
Fiscal Year Ends12-31
Employees2056
MarketHong Kong motherboard
Phone(852) 2593 3222
Fax(852) 2519 0313
Emailcgnne@wsfg.hk
Business CGN Renewable Energy Holdings Co., Ltd. is a company mainly engaged in the operation of power plants. The company operates through three divisions. Korea's power plant division is engaged in the production and supply of electricity. China's power plant division is engaged in the production and supply of electricity. The management company division is engaged in providing management services to power plants operated by CGN and its subsidiaries. The company is mainly engaged in wind power, solar energy, gas, coal, fuel, hydropower, cogeneration, fuel cell and biomass power projects in the electricity markets of China and Korea.

Company Executives

  • Name
  • Position
  • Salary
  • zhiwu zhang
  • presidencies,Executive Director,Chairman of the Nomination Committee,Authorized Representative
  • --
  • guangming li
  • President,Deputy General Manager,Executive Director
  • --
  • xianwen zhao
  • Non-executive directors
  • --
  • qingming liu
  • Non-executive directors,Chairman of the Risk Management Committee,Remuneration Committee Members,Audit Committee Members
  • --
  • minhao wang
  • Independent Non-Executive Director,Remuneration Committee Chairman,Nomination Committee Members
  • --
  • xiaosheng yang
  • Independent Non-Executive Director,Remuneration Committee Members,Nomination Committee Members,Audit Committee Members,Member of the Risk Management Committee
  • --
  • zizheng liang
  • Independent Non-Executive Director,Chairman of the Audit Committee,Member of the Risk Management Committee
  • --
  • jing li
  • Deputy General Manager
  • --
  • qiufa xie
  • chief accountant
  • --
  • shun xu
  • Secretary of the Discipline Inspection Commission
  • --
  • fang qi
  • Deputy General Manager
  • --
  • yeliang ding
  • Deputy General Manager
  • --
  • hao lu
  • Chief engineer
  • --
  • shengli chen
  • Assistant to the general manager,Party branch secretary,General Manager of Human Resources
  • --
  • yingbin long
  • Assistant to the general manager
  • --
  • jian li
  • Chief Financial Officer,Company Secretary
  • --
  • jiapeng xu
  • General Counsel
  • --
  • jian lin
  • Authorized Representative
  • --

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