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china longyuan power group-h (916) Details

China Longyuan Power Group Corporation Limited engages in the generation and sale of wind and coal power; trading of coal; and other related businesses in the People’s Republic of China. The company designs, develops, constructs, manages, and operates wind and coal power plants; and generates electric power for sale to external power grid companies, as well as coal trading businesses. It also generates electricity through solar power, tidal, biomass, and geothermal energy. As of December 31, 2012, the company had an installed capacity of 12,698 megawatts (MW) comprising 10,544 MW of wind power; 1,875 MW of coal power; and 279 MW of other renewable energies. In addition, it provides consulting, repair, maintenance, training, and other professional services to wind farms, as well as manufactures and sells power equipment. The company was formerly known as China Longyuan Electric Power Group Corporation and changed its name to China Longyuan Power Group Corporation Limited in July 2009. The company was founded in 1991 and is headquartered in Beijing, China. China Longyuan Power Group Corporation Limited is a subsidiary of China Guodian Corporation.

6,269 Employees
Last Reported Date: 04/14/13
Founded in 1991

china longyuan power group-h (916) Top Compensated Officers

Executive Director, Chairman of Nomination Co...
Total Annual Compensation: CNY919.0K
Vice President, Executive Director and Member...
Total Annual Compensation: CNY536.0K
Employee Representative Supervisor
Total Annual Compensation: CNY615.0K
Supervisor
Total Annual Compensation: --
Chief Supervisor
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

china longyuan power group-h (916) Key Developments

China Longyuan Power Group Corporation Limited Announces Consolidated Operating Results for the Month of April 2013

China Longyuan Power Group Corporation Limited announced consolidated operating results for the month of April 2013. Power generation for the period amounted to 3,070,342 MWh, representing an increase of 13.06% compared with the corresponding period of 2012. In particular, the wind power generation registered an increase of 19.65%, the coal power generation registered an increase of 1.86% and other renewable energy power generation registered an increase of 3.76%. As at April 30, 2013, the total power generation of the Group for 2013 amounted to 11,219,958 MWh, representing an increase of 15.88% compared with the corresponding period of 2012. In particular, the wind power generation registered an increase of 28.84%, the coal power generation registered a decrease of 3.48%, and other renewable energy power generation registered an increase of 0.41%.

China Longyuan Power Group Corporation Limited Announces Management Change

The board of directors of China Longyuan Power Group Corporation Limited announced that due to change of work, Mr. Xie Changjun, an executive director of the company, has resigned as president of the company with effect from April 26, 2013. The Board further announced that Mr. Li Enyi has been appointed as the new President in place of Mr. Xie Changjun by the Board with effect from April 26, 2013 to the date on which the term of office of the Board of the current session expires. As the new President, Mr. Li Enyi will take up the day-to-day operation and management of the company.

China Longyuan Power Group Corporation Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

China Longyuan Power Group Corporation Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. Revenue amounted to RMB 4,415.4 million against RMB 4,053.9 million last year, representing an increase of 8.9%, among which, revenue from wind power business (excluding revenue from concession services) amounted to RMB 2,389 million, representing an increase of 32.0% over the corresponding period of last year, whereas revenue from coal power business amounted to RMB 1,757 million, representing a decrease of 15.6% over the corresponding period of last year, and revenue from other businesses amounted to RMB 97 million, representing a decrease of 24.8% over the corresponding period of last year. Operating profit was RMB 1,624.7 million against RMB 1,408.5 million last year. Profit before taxation was RMB 1,052.3 million against RMB 848.4 million last year. Net profit attributable to shareholders amounted to RMB 624.5 million, representing an increase of 13.25% over RMB 551 million for the corresponding period of last year.

 

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