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Last $0.96 HKD
Change Today +0.01 / 1.05%
Volume 586.0K
2188 On Other Exchanges
As of 4:01 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

china titans energy technolo (2188) Snapshot

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52 Week High
07/30/14 - $1.46
52 Week Low
01/2/15 - $0.68
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Current Stock Chart for CHINA TITANS ENERGY TECHNOLO (2188)

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china titans energy technolo (2188) Details

China Titans Energy Technology Group Co., Limited, an investment holding company, is engaged in the research, development, manufacture, and sale of power electronic products and equipment in China. It offers power supply products, including HVDC products for communication, GZDW frequency switch direct current power supply systems, high frequency switch of telecommunication power supply systems, un-interrupted power supply systems, intelligent LV AC power distribution systems, integration power supply systems, test power supply systems, feedback type charging and discharging devices, and inverter discharge devices. The company also manufactures EV charging products, including integrated EVC, independent EVC, AC EV charging pole, DC EV charging pole, EVC on board, and battery maintenance systems; and storage power and microgrid consisting of PV converters, energy storage chargers and dischargers, TPCS converters, controllers, battery management system, and daemon software products. In addition, it provides power grid monitoring and management products and charging equipment; battery formatting and grading equipment, battery testing and maintenance equipment, and battery intelligence analysis software; and wind and solar power generating balancing control products. The company was founded in 1992 and is headquartered in Zhuhai, the People’s Republic of China.

365 Employees
Last Reported Date: 09/10/14
Founded in 1992

china titans energy technolo (2188) Top Compensated Officers

Chief Executive Officer, General Manager and ...
Total Annual Compensation: CNY462.0K
Executive Chairman and Chairman of Nomination...
Total Annual Compensation: CNY462.0K
Compensation as of Fiscal Year 2013.

china titans energy technolo (2188) Key Developments

China Titans Energy Technology Group Co., Limited Provides Earnings Guidance for the Year Ended December 31, 2014

China Titans Energy Technology Group Co., Limited provided earnings guidance for the year ended December 31, 2014. The board of directors of the company announced that, based on the preliminary assessment of the information available from the latest management accounts and the operational figures of the group, it is expected that the group would continue to record a loss for the year ended 31 December 2014. The expected loss of the group for the year ended 31 December 2014 was mainly attributable to the slowdown of investment scale in relation to the electrical direct current product market and the intensifying market competition, the slowdown of market investment in the charging equipment for electric vehicles product series, caused by the change of investment entity regarding the construction of charging equipment previously led by the State Grid Corporation of China in the second half of 2014, notwithstanding sales of that product series increased in 2014 compared with that of last year, and the increase in labour costs.

China Titans Energy Technology Group Co., Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

China Titans Energy Technology Group Co., Limited reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported turnover of RMB 58,801,000 against RMB 63,673,000 a year ago. Loss before taxation was RMB 9,768,000 against RMB 7,757,000 a year ago. Loss and total comprehensive expense for the period attributable to owners of the company was RMB 8,992,000 against RMB 7,349,000 a year ago. Basic and diluted loss per share was 1.08 cents against 0.89 cents a year ago. The increase in the loss attributable to the owners of the company over the corresponding period in 2013 was due to the fact that the group was unable to achieve the sales performance as expected, which was mainly attributable to a decrease in tenders for electrical DC products during the reporting period, while at the same time being affected by factors like the increase of some material costs, labor costs and administrative expenses. The increase in the basic loss and diluted loss per share over the corresponding period last year was due to an increase in the loss generated in the reporting period as compared to the loss recorded by the company in the corresponding period in 2013.

China Titans Energy Technology Group Co., Limited, Board Meeting, Aug 22, 2014

China Titans Energy Technology Group Co., Limited, Board Meeting, Aug 22, 2014., at 11:00 China Standard Time. Agenda: To consider and approve, among other matters, the interim results of the company and its subsidiaries for the six months ended 30 June 2014 and its publication; and to approve the recommendation of payment of an interim dividend (if any).


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