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china public procurement ltd (1094) Details

China Public Procurement Limited, an investment holding company, engages in the public procurement related business activities in the People’s Republic of China and Hong Kong. It operates in Public Procurement, Trading Business, Provision of Corporate IT Solution, and EMC segments. The company’s activities include bulk commodity trading; energy management contracting; development and operation of electronic public procurement platforms; and provision of procurement information and other added value services, including supplier authentication, financial services, supply chain management, etc. to users of the procurement platforms. In addition, it provides technological development, advisory, business planning, public-relations, and online procurement services; sells software; and provides information technology services. The company was formerly known as Sunny Global Holdings Limited and changed its name to China Public Procurement Limited in May 2009. China Public Procurement Limited is headquartered in Wanchai, Hong Kong.

102 Employees
Last Reported Date: 09/29/16

china public procurement ltd (1094) Top Compensated Officers

Executive Director
Total Annual Compensation: $576.0K
Compensation as of Fiscal Year 2015.

china public procurement ltd (1094) Key Developments

China Public Procurement Limited Announces Resignation of Hu Wei as Director

The board of directors of China Public Procurement Limited announced that the board has received notification from Mr. Hu Wei (Mr. Hu), that due to other business commitments, Mr. Hu shall resign as non-executive director of the company with effect from 8 November 2016. Mr. Hu has confirmed that he has no disagreement with the board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.

China Public Procurement Limited Reports Unaudited Consolidated Cash Flow Results for the Six Months Ended June 30, 2016

China Public Procurement Limited reported unaudited consolidated cash flow results for the six months ended June 30, 2016. For the period, the company reported net cash used in operating activities of HKD 27,955,000 compared to HKD 57,438,000 a year ago.

China Public Procurement Limited Announces Resignation of Mr. Wang Ning as Non-Executive Director, Effective from September 30, 2016

The board of directors of China Public Procurement Limited announced that the Board has received notification from Mr. Wang Ning, that due to other business commitments, Mr. Wang shall resign as non-executive director of the company with effect from 30 September 2016.

 

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Valuation 1094 Industry Range
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TEV/Sales 1.3x
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