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sun king power electronics (580) Details

Sun.King Power Electronics Group Limited, an investment holding company, manufactures and trades power electronic components for use in power transmission, rail transportation, and industrial sectors in the People’s Republic of China. It is also engaged in the research, development, production, sale, installation, and service of electrical/electronic components, including integrated gate bipolar transistors; production, sale, and distribution of environmental machinery; and production of electrical capacitors and its devices, amorphous alloy transformers, DC current anode saturable dry-type reactors, FM voltage AC traction devices, and rectifiers. In addition, the company is involved in the research, development, manufacture, and sale of transformers, capacitors, electricity switch control equipment, power transmission and distribution equipment, and control equipment; manufacture, sale, and service of computer software and hardware; and research, development, production, and sale of power equipment reactive power compensation device. Further, it is engaged in the network technology research and development, technology transfer, technology advisory, and company technology detection service of power electronic equipment, high voltage electrical capacitors, and high voltage power networks reactive-load compensation equipment; and provision of computer system service. Additionally, the company is involved in the sale of computer auxiliary equipment and office supplies; trade of various products and technologies; provision of enterprise management and business advisory services; and operation of online smart grid monitoring system, as well as Webpage design and graphic design. Sun.King Power Electronics Group Limited was founded in 2002 and is headquartered in Beijing, the People’s Republic of China.

603 Employees
Last Reported Date: 09/5/14
Founded in 2002

sun king power electronics (580) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: CNY500.0K
Founder, Chairman and Member of Investment Co...
Total Annual Compensation: CNY600.0K
Vice President
Total Annual Compensation: CNY330.0K
Vice President and Executive Director
Total Annual Compensation: CNY300.0K
Compensation as of Fiscal Year 2013.

sun king power electronics (580) Key Developments

Sun.King Power Electronics Group Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2014

Sun.King Power Electronics Group Limited provided consolidated earnings guidance for the year ended December 31, 2014. For the year, the company announced that the consolidated net profit of the group is expected to record a substantial decline to a loss as compared to the year ended December 31, 2013. Such unsatisfactory annual results in 2014 are mainly due to a significant decrease in the group's revenue as a result of the postponement of some projects and delay in delivery of some goods. However, based on the orders on hand, the management of the company believes that with income being recognized progressively in 2015, the operation results of the company will have a greater improvement.

Sun.King Power Electronics Group Limited Announces Board Changes

The board of directors of Sun.King Power Electronics Group Limited announced that due to his decision to devote more time to personal development, Mr. Huang Xiangqian has tender his resignation as an executive Director with effect from 5 December 2014. Mr. Huang will remain to be a vice president of the group focusing on production management. Mr. Huang has confirmed that he has no disagreement with the board and that he is not aware of any matter in relation to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the company. The board is also announced the appointment of Mr. Jin Jiafeng as an executive director with effect from 5 December 2014. Mr. Jin is the chief financial officer of the Group. Mr. Jin joined the Group in 2008.

Sun.King Power Electronics Group Limited Change of Principal Place of Business in Hong Kong

The board of directors of Sun.King Power Electronics Group Limited announced that the Company's principal place of business in Hong Kong will be changed to 36th Floor, Tower Two, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong with effect from 1 December 2014.

 

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