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china longyuan power group-h (916) Details

China Longyuan Power Group Corporation Limited generates and sells wind and coal power in the People’s Republic of China. It is also involved in the trading of coal and other related businesses. The company operates in two segments, Wind power and Coal power. The company designs, develops, constructs, manages, and operates wind and coal power plants; and generates electric power for sale to external power grid companies. In addition, it operates other power projects, such as solar, biomass, tidal, and geothermal power. As of December 31, 2013, the company had an installed capacity of 14,073 megawatt (MW) comprising 11,910 MW of wind; 1,875 MW of coal; 138 MW of solar; 144 MW of biomass; 3.9 MW of tidal; and 2 MW of geothermal power. Further, it manufactures and sells power equipment, as well as provides consulting, maintenance, and training services to wind and other renewable power generation plants. The company was formerly known as China Longyuan Electric Power Group Corporation and changed its name to China Longyuan Power Group Corporation Limited in July 2009. China Longyuan Power Group Corporation Limited was founded in 1993 and is headquartered in Beijing, the People’s Republic of China. China Longyuan Power Group Corporation Limited is a subsidiary of China Guodian Corporation.

6,600 Employees
Last Reported Date: 04/3/14
Founded in 1993

china longyuan power group-h (916) Top Compensated Officers

President, General Manager, Executive Directo...
Total Annual Compensation: CNY371.0K
Vice President, Executive Director and Member...
Total Annual Compensation: CNY909.0K
Employee Representative Supervisor
Total Annual Compensation: CNY631.0K
Chairman of the Supervisory Board
Total Annual Compensation: CNY563.0K
Compensation as of Fiscal Year 2013.

china longyuan power group-h (916) Key Developments

China Longyuan Power Group Corporation Limited Announces Preliminary Consolidated Power Generation Results for the Month and Year to Date Ended December 2014

China Longyuan Power Group Corporation Limited announced preliminary consolidated power generation results for the month and year to date ended December 2014. The power generation of the company and its subsidiaries for December 2014 on consolidated basis amounted to 3,771,428 MWh, representing an increase of 22.09% compared with 3,089,114 MWh, the corresponding period of 2013. In particular, the wind power generation registered an increase of 38.99%, the coal power generation registered a decrease of 3.62% and other renewable energy power generation registered a decrease of 28.32%. As at 31 December 2014, the total power generation of the group for 2014 amounted to 33,387,584 MWh, representing a decrease of 0.83% compared with 33,667,010 MWh the corresponding period of 2013. In particular, the wind power generation registered an increase of 5.28%, the coal power generation registered a decrease of 12.87%, and other renewable energy power generation registered a decrease of 2.10%.

China Longyuan Power Group Corporation Limited Enters into Contribution Agreement with Guodian Guangdong Power Co., Ltd. in Relation to the Establishment of Joint Venture

The Board of China Longyuan Power Group Corporation Limited announced that on 29 December 2014, China Longyuan Power Group Corporation Limited entered into a contribution agreement with Guodian Guangdong Power Co., Ltd. in relation to the establishment of a joint venture. The total registered capital of the joint venture amounted to RMB 104 million, among which, the company will contribute RMB 53.04 million, representing 51% of the total registered capital. Upon completion of the contribution, the company will hold 51% equity interests, while Guodian Guangdong will hold 49% equity interests of the joint venture. The total registered capital of the joint venture will be contributed by the Company and Guodian Guangdong by installments, of which, the initial contributions made by the company and Guodian Guangdong amounted to RMB 1.02 million and RMB 0.98 million, respectively. The initial contributions will be completed within ten days after the signing of the agreement. After making initial contributions, joint venture will be established and will become a subsidiary of the company. The method and time of contribution of remaining part of the registered capital will be confirmed after further negotiation between the company and Guodian Guangdong. Name of the joint venture is Guodian Longyuan Longchuan Wind Power Co., Ltd. Place of incorporation is Guangdong Province. The joint venture will engage in investment, construction and operation of wind farms; survey, design and construction of wind farms; installation, test and maintenance of complete-set of wind power generation units; and related technological consultation and trainings. The establishment of the joint venture will fully utilize the company's professional strengths and technological advantages in the wind power development field, fully mobilize and utilize resource advantages and management superiority of Guodian Guangdong in the region, and make the utmost of advantages of both parties.

China Longyuan Power Group Corporation Limited Presents at UBS 15th Greater China Conference, Jan-12-2015

China Longyuan Power Group Corporation Limited Presents at UBS 15th Greater China Conference, Jan-12-2015 . Venue: Pudong Island Shangri-La, Shanghai, China.

 

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