China Power New Energy Development Company Limited



Quote for China Power New Energy Development Company Limited

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Symbol/Code:
00735
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H Share
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Quote Delayed 15 Min.
Currency in HKD Time=UTC+800735 quote

Summary for China Power New Energy Development Company Limited

China Power New Energy Development Company Limited is principally engaged in the development, construction, ownership, operation and management of clean energy power plants in the People's Republic of China, including but not limited to, wind power generation, hydro power generation, waste-to-energy power generation and natural gas power generation. It is also engaged in investment holding in the clean energy power industry, sale of clean energy power generating equipment and property investments. The Company operates in three segments: power generation, property development and securities investment. The property development and investment segment is engaged in the leasing of properties to generate rental income. The securities investment segment is engaged in securities trading. On November 10, 2010, it acquired 100% equity interests in China Power Dafeng Wind Power Company Limited. In September 2010, the Company acquired 15% equity interests in a jointly controlled entity.