Last CNY14.39 CNY
Change Today -0.11 / -0.76%
Volume 965.6K
002639 On Other Exchanges
As of 3:00 AM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

fujian snowman co ltd-a (002639) Snapshot

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02/19/14 - CNY17.17
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09/27/13 - CNY10.68
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fujian snowman co ltd-a (002639) Details

Fujian Snowman Co., Ltd. manufactures and supplies ice machines primarily in China. Its products include concrete cooling systems, such as containerized ice making machines, and containerized water chillers, as well as automatic ice storage, delivery, and weighing equipment; and flake ice machines, such as flake ice evaporators, fresh water flake ice machines for land, and sea water flake ice machines for land and ships. The company’s products also comprise block ice machines consisting of containerized block ice machines, saltwater block ice machines, and aluminum plank block ice machines; and plate ice machines, such as plate ice makers, as well as tube and slurry ice machines, and industrial chillers. In addition, it offers quick frozen machines, including spiral, tunnel, and plate freezers; compressor units comprising standalone double stage screw compressors and single stage screw compressors; cold storage panels and combine cold storage rooms; SEC evaporative condensers; and cooling fans. The company’s ice making equipment is used in food processing and storage; man-made ski slopes; and cooling applications in construction, supermarkets, ocean fishing, nuclear projects, chemical and medical industries, etc. It also offers its products in the United Arab Emirates, Iraq, Pakistan, Lebanon, Iran, South Africa, Nigeria, the United States, Canada, Brazil, Cuba, and Turkey. The company was founded in 2000 and is headquartered in Fuzhou, China.

Founded in 2000

fujian snowman co ltd-a (002639) Top Compensated Officers

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fujian snowman co ltd-a (002639) Key Developments

Opcon Signs Letter of Intent with Snowman to Establish Opcon Powerbox JV for China

Opcon AB (publ) signed a Letter of Intent with its strategic partner Fujian Snowman Co. Ltd. on the formation of a Joint Venture for the marketing, manufacturing and sales of Opcon's Waste Heat Recovery technology, the Opcon Powerbox in China and parts of Southeast Asia. In order to develop the Chinese market and an industrialized manufacturing base for the Opcon Powerbox the parties' intention is to form a joint venture that will be owned 51% by Snowman and 49% by Opcon. Opcon will grant a license for manufacturing, marketing and sales of its proprietary Opcon Powerbox ORC and WST (West Steam Turbine) technology to the JV who will aim to develop Snowman's existing manufacturing base for future low-cost, quality manufacturing of Opcon Powerbox ORC and WST in China. Furthermore, the JV will be granted exclusive manufacturing and sales rights of the Opcon Powerbox in China and a mix of exclusive and non-exclusive rights for some other parts of Southeast Asia. The value of the Opcon Powerbox manufacturing, marketing and sales rights to be granted to the JV will be used by Opcon as contribution in kind for equity. What is not used as contribution in kind should be paid as Royalty by the JV to Opcon. The Joint Venture will be responsible for setting up solutions for producing electricity from the Opcon Powerbox out of surplus and waste heat in China which is considered the world's market. The parties aim to finalize the Joint Venture contract during the summer of 2014. In order to reduce time to market for the joint venture Snowman has also placed an order for one Opcon Powerbox ORC and one Opcon Powerbox WST manufactured in Sweden to be delivered for operation in China.

Fujian Snowman Co., Ltd. Approves Dividend for Year 2013

Fujian Snowman Co., Ltd. at its annual general meeting held on May 20, 2014, approved the cash dividend/10 shares (tax included) of CNY 0.72000000 for 2013.

Fujian Snowman Co., Ltd. to Report Q1, 2014 Results on Apr 28, 2014

Fujian Snowman Co., Ltd. announced that they will report Q1, 2014 results on Apr 28, 2014


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Valuation 002639 Industry Range
Price/Earnings 71.0x
Price/Sales 5.8x
Price/Book 1.9x
Price/Cash Flow 70.3x
TEV/Sales 5.2x

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