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01811 CGN NEW ENERGY

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  • 2.380
  • -0.020-0.83%
Market Closed Dec 13 16:08 CST
10.21BMarket Cap5.16P/E (TTM)

About CGN NEW ENERGY Company

CGN New Energy Holdings Co., Ltd. (“CGN New Energy”) (formerly CGN Meiya Power Holdings Co., Ltd.) is an independent Asian power generator with diverse power types and geographical distribution. Our asset portfolio includes wind, solar, gas, coal, fuel, hydropower, cogeneration and fuel cell power generation projects and a steam project in China and Korea. In November 2010, CGN Group Co., Ltd. “CGN” acquired all of the company's share capital through its wholly-owned subsidiary CGN Huamei Investment Co., Ltd. and became our controlling shareholder. CGN is a wholly state-owned company established on September 29, 1994 in accordance with Chinese law. Authorized by the State Council in accordance with the China Company Law and other administrative regulations, the State Assets Administration Commission has investor rights and responsibilities in CGN. We focus on acquiring clean and renewable energy power generation projects while continuing our own new construction and expansion development to bring steady returns and create shareholder value. We are positioned as the only global platform for CGN to develop and operate non-nuclear clean and renewable energy power generation projects. The Group successfully obtained approval from CGN in 2015 to acquire the first batch of clean and renewable energy power generation project assets, including 13 wind power project companies and 6 solar project companies, with a total operating installed 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 CGN's only non-nuclear clean and renewable energy power generation project platform, 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
Secretaryqiufahuangzhenchang xie
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 BusinessRooms 1201-3 & 7-10, 12th Floor, Eagle King Centre, 23 Harbour Road, Wanchai, Hong Kong
Fiscal Year Ends12-31
Employees2127
MarketHong Kong motherboard
Phone(852) 2593 3222
Fax(852) 2519 0313
Emailcgnne@wsfg.hk
Business CGN New 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. The power plant division in China 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 oil, hydropower, cogeneration, fuel cell and biomass power projects in the Chinese and Korean electricity markets.

Company Executives

  • Name
  • Position
  • Salary
  • zhiwu zhang
  • Presidencies, Executive Director, Chairman of the Nomination Committee
  • --
  • guangming li
  • President, Executive Director, Authorized Representative
  • --
  • xianwen zhao
  • Non-executive Directors, Chairman of the Risk Management Committee, Remuneration Committee Members
  • --
  • wenjun mou
  • Non-executive Directors, Audit Committee Members
  • --
  • minhao wang
  • Independent Non-Executive Director, Remuneration Committee Chairman, Nomination Committee Members
  • 9.00K
  • xiaosheng yang
  • Independent Non-Executive Director, Remuneration Committee Members, Audit Committee Members, Nomination Committee Members, Member of the Risk Management Committee
  • 9.00K
  • zizheng liang
  • Independent Non-Executive Director, Chairman of the Audit Committee, Member of the Risk Management Committee
  • 17.00K
  • jing li
  • Deputy General Manager
  • --
  • qiufa xie
  • Chief Accountant, Joint Company Secretary
  • --
  • fang qi
  • Deputy General Manager
  • --
  • yeliang ding
  • Deputy General Manager
  • --
  • wenbo ji
  • Deputy General Manager, Party Committee Members
  • --
  • shengli chen
  • Assistant to the General Manager
  • --
  • yingbin long
  • Assistant to the General Manager
  • --
  • jian li
  • Chief Financial Officer
  • --
  • jiapeng xu
  • General Counsel
  • --
  • hexiang cheng
  • Deputy Chief Engineer, General Manager of Operation and Maintenance Division
  • --
  • zhenchang huang
  • Joint Company Secretary, Authorized Representative
  • --
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