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956 On Other Exchanges
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china suntien green energy-h (956) Snapshot

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china suntien green energy-h (956) Details

China Suntien Green Energy Corporation Limited, together with its subsidiaries, engages in the exploration and utilization of clean energy and resources in Mainland China. It operates through two segments, Natural Gas, and Wind Power and Solar Energy. The Natural Gas segment sells natural gas and gas appliances, as well as provides construction and connection services for natural gas pipelines. The Wind Power and Solar Energy segment develops, manages, and operates wind power and solar energy plants; and generates and sells electric power for power grid companies. The company also offers maintenance and consulting services related to wind farms and other new energies; provides project investment and investment management services; sells natural gas to gas vehicles; and invests in and sells solar energy appliances, as well as provides related consultancy services. As of December 31, 2014, it operated 2 long-distance natural gas transmission pipelines, including 550 kilometers of long-distance transmission pipelines and 1,163.50 kilometers of city gas pipelines; 4 high-pressure branch pipelines; 25 urban gas projects; 10 distribution stations; 4 gate stations; 4 compressed natural gas (CNG) refilling stations; 2 CNG primary filling stations; and 1 CNG primary and secondary filling station. China Suntien Green Energy Corporation Limited also operated 27 wind farms with a consolidated installed capacity of 1,696.80 megawatts (MW), as well as had interests in an installed capacity of 1,544.07 MW. The company was founded in 2010 and is headquartered in Shijiazhuang, the People’s Republic of China. China Suntien Green Energy Corporation Limited is a subsidiary of Hebei Construction & Investment Group Co., Ltd.

1,556 Employees
Last Reported Date: 04/16/15
Founded in 2010

china suntien green energy-h (956) Top Compensated Officers

President, Executive Director and Member of S...
Total Annual Compensation: CNY709.0K
Executive Director
Total Annual Compensation: CNY722.0K
Vice President
Total Annual Compensation: CNY310.0K
Manager of the Audit & Regulation Department ...
Total Annual Compensation: CNY235.0K
Compensation as of Fiscal Year 2014.

china suntien green energy-h (956) Key Developments

China Suntien Green Energy Corporation Limited, Annual General Meeting, Jun 05, 2015

China Suntien Green Energy Corporation Limited, Annual General Meeting, Jun 05, 2015., at 09:00 China Standard Time. Location: the Conference Room, 5/F. Agenda: To approve report of the board of directors and supervisors of the company for 2014; to approve final accounts for the year ended 31 December 2014; to approve audited financial statements and the independent auditors' report for the year ended 31 December 2014; to approve the profit distribution plan; to approve budget report of the company for the year ending 31 December 2015; to re-appoint Reanda Certified Public Accountants and Ernst & Young as the Company's PRC auditors and international auditors, respectively; to elect non-executive Director, Independent Supervisor of the second session of the Board of Supervisors of the company; and to issue, allot and deal with additional domestic shares.

China Suntien Green Energy Corporation Limited Reports Audited Consolidated Cash Flow Results for the Year Ended December 31, 2014

China Suntien Green Energy Corporation Limited reported audited consolidated cash flow results for the year ended December 31, 2014. For the period, the company reported net cash flows from operating activities of RMB 885,485,000 against RMB 1,597,028,000 a year ago. Payments for acquisition of items of property, plant and equipment was RMB 1,845,018,000 against RMB 1,192,016,000 a year ago. Payments for acquisition of prepaid land lease payments were RMB 3,358,000 against RMB 5,468,000 a year ago. Payments for acquisition of intangible assets were RMB 2,807,000 against RMB 2,281,000 a year ago. Net debt was RMB 9,597,319,000 as on December 31, 2014 against RMB 8,598,417,000 as on December 31, 2013.

China Suntien Green Energy Corporation Limited Recommends Final Dividend for the Year Ended December 31, 2014; Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

The Board of China Suntien Green Energy Corporation Limited has recommended the payment of a final dividend in cash of RMB 0.031 per ordinary share (tax inclusive) (RMB 115.17 million in total (tax inclusive)) to all shareholders subject to the approval at the company's annual general meeting to be held on June 5, 2015. In order to determine the shareholders who are entitled to receive the final dividend, the register of members of the company will be closed from June 11, 2015 to June 16, 2015 (both days inclusive). For 2013, the company has paid dividend of 4.6 cents per share. The company reported audited consolidated earnings results for the year ended December 31, 2014. For the period, revenue was RMB 5,149,432,000 against RMB 4,660,919,000 last year. Profit from operations was RMB 1,092,551,000 against RMB 1,216,282,000 last year. Profit before tax was RMB 674,611,000 against RMB 832,304,000 last year. Profit attributable to owners of the company was RMB 335,053,000 against RMB 459,516,000 last year. Earnings per basic and diluted share were 9.11 cents against 14.19 cents last year. Capital expenditure was RMB 2,447,578,000 against RMB 1,535,786,000 last year. The increase in the profit was mainly due to the increase in profit of the associate companies. The increase in the group's sales revenue was mainly attributable to increase in the unit sale price and sales volume during the year.


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