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fdg electric vehicles ltd (729) Snapshot

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fdg electric vehicles ltd (729) Details

FDG Electric Vehicles Limited, an investment holding company, engages in the research and development, production, distribution, and sale of lithium-ion batteries and related products. The company operates through Battery Products; Vehicle Design and Electric Vehicle Production; Electric Vehicle Leasing; Treasury Investment; and Direct Investments segments. It also designs, manufactures, sells, and leases electric vehicles, such as public buses, mid-size and mini buses, commercial vehicles, trucks, passenger vehicles, and other models; leases electric vehicles; offers vehicle design services; invests in bank deposits; and provides human resources, administrative management, and consultancy services. In addition, the company is involved in the purchase of battery raw materials; and financing, securities trading, and assets investment activities. It has operations in the People’s Republic of China, European countries, the United States, Canada, Australia, Hong Kong, and internationally. The company was formerly known as Sinopoly Battery Limited and changed its name to FDG Electric Vehicles Limited in May 2014. FDG Electric Vehicles Limited is headquartered in Wanchai, Hong Kong.

2,166 Employees
Last Reported Date: 07/22/15

fdg electric vehicles ltd (729) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $2.5M
Chief Operating Officer, Executive Director a...
Total Annual Compensation: $2.0M
Deputy Chairman, Member of Executive Committe...
Total Annual Compensation: $2.3M
Executive Director, Member of Executive Commi...
Total Annual Compensation: $183.0K
Vice President, Executive Director, Member of...
Total Annual Compensation: $1.9M
Compensation as of Fiscal Year 2015.

fdg electric vehicles ltd (729) Key Developments

FDG Electric Vehicles Limited Announces Resignation of Chen Guohua as Non - Executive Director with Effect from 29 October 2015

The board of directors of FDG Electric Vehicles Limited announced that Professor Chen Guohua has resigned as a non - executive director of the company with effect from 29 October 2015, as he will pursue his role in CIAM Group Limited as non - executive director.

FDG Electric Vehicles Limited Announces Audited Consolidated Cash Flow Results for the Year Ended March 31, 2015

FDG Electric Vehicles Limited announced audited consolidated cash flow results for the year ended March 31, 2015. For the year, the company reported net cash used in operating activities of HKD 173,899,000 against HKD 232,861,000 a year ago. Payments for acquisition of intangible assets were HKD 65,459,000 against HKD 2,871,000 a year ago. Payments for acquisition of property, plant and equipment was HKD 1,261,552,000 against HKD 53,425,000 a year ago. Net debt was HKD 909,458,000 as on March 31, 2015 against HKD 213,310,000 as on March 31, 2014.

FDG Electric Vehicles Limited, Annual General Meeting, Aug 28, 2015

FDG Electric Vehicles Limited, Annual General Meeting, Aug 28, 2015., at 11:00 China Standard Time. Location: Salons II, Mezzanine Floor, Grand Hyatt Hong Kong. Agenda: To receive, consider and adopt the audited financial statements and the reports of the directors and the independent auditor for the year ended 31 March 2015; to re-elect retiring directors, to authorize the board of directors to fix the directors' remuneration until the conclusion of the next annual general meeting and to determine the maximum number of directors at 15; to re-appoint auditors and to authorize the board of directors to fix their remuneration; to consider the exercise all powers of the company to allot, issue and deal with shares pursuant to the exercise of such options and to do such acts and execute such documents for or incidental to such purpose; to consider the entire amount standing to the credit of the share premium account of the company as at the effective date be reduced to zero balance; and to consider other matters.


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Price/Sales 28.0x
Price/Book 4.3x
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