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CGN New Energy Holdings Co Ltd (1811.HK)

1811.HK on Hong Kong Stock

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15 Jun 2018
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Latest Key Developments (Source: Significant Developments)

CGN New Energy Holdings Co's ‍Subsidiary, Baosteel terminates JV Agreement​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - CGN New Energy Holdings Co Ltd <1811.HK>::‍SUBSIDIARY, BAOSTEEL AND WEIGANG JV ENTERED INTO DISSOLUTION AND ASSETS DISTRIBUTION AGREEMENT​.‍SUBSIDIARY AND BAOSTEEL TO TERMINATE JOINT VENTURE AGREEMENT.SUBSIDIARY & BAOSTEEL TO DISSOLVE WEIGANG JV, TERMINATE/PROCURE TERMINATION OF OPERATION CONTRACTS & DISPOSE ASSETS TO BAOSTEEL​.  Full Article

CGN New Energy says half-year net profit fell 6.3 pct<1811.HK>
Wednesday, 17 Aug 2016 

CGN New Energy Holdings Co Ltd <1811.HK>: Revenue for the six months ended 30 June 2016 amounted to US$565.7 million, representing a decrease of 4.7% . Profit attributable to shareholders of company for the six months ended 30 June 2016 amounted to US$49.2 million, representing a decrease of 6.3% . The board resolved not to declare an interim dividend for the six months ended 30 June 2016. . It is expected that in the second half of 2016, the fundamental aspects of China's power market development will remain unchanged . It is expected that competition among power generation companies will intensify in the second half of 2016 .  Full Article

CGN New Energy says unit and Chengdu Yujin entered into Sale and Purchase Agreement<1811.HK>
Wednesday, 13 Jul 2016 

CGN New Energy Holdings Co Ltd <1811.HK>: Discloseable transaction disposal of a subsidiary <1811.HK> . Subsidiary and the purchaser, Chengdu Yujin Equity Investment Fund Management Co Ltd entered into the sale and purchase agreement . Purchaser has conditionally agreed to purchase the equity interest . Deal for cash consideration of RMB220.10 m . Says estimated that the group will record a gain of approximately USD19.17 million from the disposal .  Full Article

CGN New Energy says Chen Sui to remain chairman of board<1811.HK>
Tuesday, 12 Jul 2016 

CGN New Energy Holdings Co Ltd <1811.HK>: Chen Sui re-designated from an executive director to a non-executive director while remaining as chairman of board .  Full Article