Q: What are the principal activities of CPNE?
A: The principal activities of the Group are the development, construction, ownership, operation and management of clean energy power plants, including but not limited to wind power generation, hydro power generation, waste-to-energy power generation, natural gas power generation, photovoltaic power generation and other power generation in the mainland China.
Q: What is the mission of CPNE?
A: Adhering to CPNE corporate culture of “Still Waters Run Deep” and acting on our mission statement of “light and energy to the world and clear water and blue sky to our next generations”, we have been striving for a leading position in the industry. We also aim to be an inventor of policy, an innovated pioneer of self-developed technology, as well as a participant in the formulation of national emission standards and regime, and to build up the New Energy Company as a strong, excellent and professional corporation, with a view to realizing our transformation of growth from quantity to quality and mounting to be a trailblazer in the development of international new energy and in the industry of electricity power of the PRC.
Q: What are the major shareholders of CPNE?
A: The major shareholders include:
  • China Power New Energy Limited, an indirect wholly owned subsidiary of China Power Clean Energy Development Company Limited (which is wholly owned by State-owned Assets Supervision and Administration Commission of The State Council, the PRC).
  • China Power Clean Energy Development Company Limited, a wholly owned subsidiary of State Power Investment Corporation (which is wholly owned by State-owned Assets Supervision and Administration Commission of The State Council, the PRC).
  • China Three Gorges Corporation, a wholly owned subsidiary of State-owned Assets Supervision and Administration Commission of The State Council, the PRC.
  • Shining East Investments Limited, an indirect wholly owned subsidiary of China National Offshore Oil Corporation (which is wholly owned by State-owned Assets Supervision and Administration Commission of The State Council, the PRC).
Q: Where is CPNE listed? What is the stock code?
A: CPNE is listed on the Stock Exchange of Hong Kong Limited with the stock code 0735.HK.
Q: What is the financial year end of CPNE?
A: 31 December.
Q: What accounting standards does CPNE adopt?
A: CPNE adopts Hong Kong’s Financial Report Standards and Hong Kong Accounting Standards.
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