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Last $0.58 HKD
Change Today -0.01 / -1.69%
Volume 13.9M
307 On Other Exchanges
Hong Kong
As of 4:01 AM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

up energy development group (307) Snapshot

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Day High
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52 Week High
08/22/14 - $1.17
52 Week Low
03/25/15 - $0.40
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Average Volume 10 Days
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Current Stock Chart for UP ENERGY DEVELOPMENT GROUP (307)

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up energy development group (307) Details

Up Energy Development Group Limited is engaged in mining coking coal in the People’s Republic of China. It produces and sells raw coking coal, clean coking coal, and coking and chemical products. The company has four mines, including the Xiaohuangshan Mine covering an area of 2.178 square kilometers; the Shizhuanggou Mine comprising an area of 7.1572 square kilometers; and the Quanshuigou Mine with an area of 6.6052 square kilometers located in Fukang City, as well as the Baicheng Mine consisting of an area of 5.9178 square kilometers situated in Baicheng County, the People’s Republic of China. In addition, it is involved in the water recycling; and construction of coal mines and downstream ancillary projects. The company was incorporated in 1992 and is headquartered in Fukang, the People’s Republic of China.

834 Employees
Last Reported Date: 12/1/14
Founded in 1992

up energy development group (307) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $6.7M
Chief Financial Officer, Executive Director a...
Total Annual Compensation: $1.2M
Executive Director and Member of Executive Co...
Total Annual Compensation: $315.0K
Compensation as of Fiscal Year 2014.

up energy development group (307) Key Developments

Up Energy Development Group Limited Announces Change of Principal Place of Business

The board of directors of Up Energy Development Group Limited announced that the principal place of business of the company will be changed to Room 3201, 32/F., Tower 1, Admiralty Centre, 18 Harcourt Road, Admiralty, Hong Kong with effect from 8 February 2015.

Up Energy Development Group Limited, Special/Extraordinary Shareholders Meeting, Feb 13, 2015

Up Energy Development Group Limited, Special/Extraordinary Shareholders Meeting, Feb 13, 2015., at 11:30 China Standard Time. Location: Empire Room I, 1/F, Empire Hotel Hong Kong. Agenda: To consider the proposed amendment of certain terms and conditions of Tranche A Convertible Notes; to consider the proposed amendment of certain terms and conditions of Tranche B Convertible Notes; to consider Amendments of Tranche A Convertible Notes Terms and the Amendments of Tranche B Convertible Notes Terms; and to allot and issue ordinary shares of HKD 0.20 each in the share capital of the company.

Up Energy Development Group Limited Reports Unaudited Consolidated Cash Flow Results for the Six Months Ended September 30, 2014

Up Energy Development Group Limited reported unaudited consolidated cash flow results for the six months ended September 30, 2014. For the period, the company reported net cash generated from operating activities of HKD 11,048,000 compared to HKD net cash used in operating activities of 28,957,000 a year ago. Payments for acquisition of property, plant and equipment were HKD 130,588,000 against HKD 319,438,000 a year ago.


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