February 20, 2018 6:40 AM ET

Electric Utilities

Company Overview of Zhejiang Provincial Energy Group Company Ltd.

Company Overview

Zhejiang Provincial Energy Group Company Ltd. engages in the power construction, and power and heat production business in China. It is also involved in coal circulation; natural gas development and utilization; energy services; and financial and real estate activities. The company was founded in 2001 and is headquartered in Hangzhou, China.

No. 152 Tianmushan Road

Hangzhou,  310007

China

Founded in 2001

Key Executives for Zhejiang Provincial Energy Group Company Ltd.

Vice Chairman of the Board of Directors and General Manager
Deputy General Manager
Deputy General Manager
Chief Engineer
Compensation as of Fiscal Year 2017.

Zhejiang Provincial Energy Group Company Ltd. Key Developments

China Shenhua Energy Co. Ltd., Zhejiang Provincial Energy Group Company Ltd. and Shenhua Ningxia Coal Industry Group Co., Ltd. Annouce Establishment of Shenhua Guohua Ningdong Power Generation Co., Ltd

On 20 July 2016, China Shenhua Energy Co. Ltd., Zhejiang Provincial Energy Group Company Ltd. and Shenhua Ningxia Coal Industry Group Co., Ltd. entered into the Shenhua Guohua Ningdong Power Generation Co., Ltd. JV Agreement to establish Shenhua Guohua Ningdong Power Generation Co., Ltd. Pursuant to the JV Agreement, the registered capital of Shenhua Guohua Ningdong Power shall be RMB 400,000,000. The company, Zheneng Group and Shenhua Ningxia Coal shall contribute 56.77%, 33.33% and 9.9%, respectively, of the registered capital of Shenhua Guohua Ningdong Power.

China Zheshang Bank Looks For An IPO

China Zheshang Bank Co., Ltd could raise up to HKD 2 billion in a Hong Kong initial public offering, more than originally planned, IFR reported, citing people close to the deal. The commercial lender has started pitching the deal to investors and may start taking orders on March 16, if feedback from fund managers is positive, added IFR.

China Zheshang Reportedly Postpones IPO

China Zheshang Bank Co., Ltd postponed gauging demand for a $1 billion Hong Kong initial public offering after stock buyers reported difficulty transferring money out of the mainland, sources familiar with the matter said yesterday.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 4, 2017
Zhejiang Energy International Limited
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