14 May 2021,
  • HSI:
    28,231.04 217.23 (0.78%)
    HSCI:
    10,508.76 77.21 (0.74%)
    HKSPLC25:
    41,632.17 447.98 (1.09%)
    HKSPGEM:
    100.08 -4.05 (-3.89%)
  • HSCEI:
    10,506.00 74.45 (0.71%)
    HSCCI:
    4,076.94 -37.17 (-0.90%)
    HSFML25:
    9,425.85 16.69 (0.18%)
    H-FIN:
    16,377.71 -105.98 (-0.64%)
HSCI 10,508.8 77.2
HKSPLC25 41,632.2 448.0
HKSPGEM 100.1 -4.1
HSCEI 10,506.0 74.5
HSCCI 4,076.9 -37.2
HSFML25 9,425.9 16.7
H-FIN 16,377.7 -106.0
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Puxing Clean Energy Limited (00090.HK)

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Puxing Clean Energy Limited (“Puxing Clean Energy” or the “Group”, HKEx stock code: 00090) (formerly known as “Amber Energy Limited”) is a leading clean energy provider in Zhejiang province. It is mainly engaged in development, operation and management of natural gas-fired power plants. The Group entered the industry of natural gas-fired power generation in 2004 and is one of the pioneers tapping this section in mainland China, and was listed on the Main Board of The Stock Exchange of Hong Kong Limited on 10 July 2009. Through steady growth over the past years, the Group currently owns four natural gas-fired power plants located in Zhejiang province with a total installed capacity of approximately 458MW (including 457MW natural gas power generation scale and 578kW photovoltaic power generation scale) and a heating capacity of approximately 160 tonnes per hour.

On 4 July 2019, the proposed change of the Company’s name to “Puxing Clean Energy Limited(普星潔能有限公司)” has been approved by nearly 100% of its shareholders at the extraordinary general meeting held, and the new names have become effective on 11 July 2019.

Building on its clean energy business, Puxing Clean Energy will proactively expand its installed capacity. It will also seek to extend the scope of its business along the value chain of the industry to auxiliary power services, energy contract management and energy storage under the concept of “Energy+Technology” to maximize returns to its shareholders.
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Mr. Tse Chi Man - Independent Non-Executive Director

Mr. Tse Chi Man, was appointed as an independent non-executive Director (“INED”) on 25 May 2009. Mr. Tse has over 20 years of experience in finance and business development management. Prior to joining the Group, Mr. Tse held var ious pos i tions in a number of organizations, including Chase Manhattan Asia Limited as a director, Inchcape Pacific Limited as a mergers and acquisitions director, Lerado Group (Holding) Company Limited as an executive director, and Dresdner Kleinwort Benson (China) Limited as a managing director. Mr. Tse had also worked for Imagi International Holdings Limited, a company listed on the Stock Exchange from 1999 to 2008 where he served as a director since 2004 and then the chief financial officer since 2007, overseeing the company’s accounting and finance, administration and human resources functions. Mr. Tse was also a member of the Design Institute Advisory Board of Vocational Training Council. Mr. Tse holds a bachelor’s degree and a master’s degree in business administration, both from the University of Texas, Arlington.

Mr. Yao Xian Guo - Independent Non-Executive Director

Mr. Yao Xian Guo, was appointed as an INED on 25 May 2009. Mr. Yao is a professor of the School of Public Affairs, Zhejiang University. He is also a member of The Expert Evaluation Committee of National Social Science Foundation of China (國家社會科學基金學科評審組專家), executive vice-chairman of the China Industrial Economic Association ( 中國工業經濟學會), member of the Zhejiang Government Advisory Council (浙江省政府諮詢委員會) and the chairman of the Zhejiang Society of Public Administration (浙江省公共管理學會). Mr. Yao holds a master’s degree in economics from Fudan University. Mr. Yao is currently an independent non-executive director of Wolong Electric Group Co., Ltd., Zhejiang Hithink RoyalFlush Information Network Co., Ltd., Zhejiang Zheneng Electric Power Co., Ltd., which are companies listed on the Shanghai Stock Exchange, and Zhejiang Asia-Pacific Pharmaceutical Co., Ltd., a company listed on the Shenzhen Stock Exchange. Mr. Yao has also served as an independent non-executive director of Zhejiang Guangsha Co., Ltd., Zhejiang Xinhu Venture Investment Co., Ltd., Xinhu Zhongbao Co., Ltd. and Zhejiang Southeast Electric Power Company Limited, all of which are companies listed on the Shanghai Stock Exchange, and Zhejiang Hailiang Co., Ltd., a company listed on the Shenzhen Stock Exchange.

Mr. Yu Wayne W. - Independent Non-Executive Director

Mr. Yu Wayne W., was appointed as an INED on 29 August 2012. Mr. Yu is currently a professor of City University of Hong Kong. Before joining City University of Hong Kong, he was a professor of The Hong Kong Polytechnic University and was an assistant professor of the School of Business at Queen’s University in Canada. Mr. Yu holds a bachelor of business administration degree, a master of Arts in Economics, and a Ph.D. in Finance. In addition, he is a Chartered Financial Analyst. Mr. Yu served as an independent nonexecutive director of Shenzhen Gas Corporation Limited (a company listed on the Shanghai Stock Exchange).

Mr. Wei Jun Yong (Chairman) - Executive Director

Mr. Wei Jun Yong, was appointed as a non-executive Director on 25 September 2015. Mr. Wei has over 20 years of experience in corporate operation management. Mr. Wei has been a director and the president of Minsheng Life Insurance Co., Ltd. (民 生人壽保險股份有限公司) (‘‘Minsheng Life’’) since 2009 and an executive committee member since 2011. Mr. Wei has been the financial officer of Minsheng Life since 2012 and has been the chief financial officer since 2013. Prior to that, Mr. Wei worked in the headquarter of Ping An and its subsidiaries, and served as various key management positions. Since August 2015, Mr. Wei has served as the president of Shanghai Pu-xing Energy Limited (普星聚能股份公司). Mr. Wei graduated from Harbin Engineering University (哈爾濱工程大學) with a bachelor’s degree in engineering, majoring in electronic engineering in 1991. He also graduated from China Europe International Business School (中 歐國際工商學院) with a master’s degree in management, majoring in business administration in 2008.

Mr. XU Anliang (Chairman) - Executive Director

Mr. XU Anliang was appointed as the Chairman and executive Director of the Company.

Mr. Xu graduated from Jiangxi University of Finance and Economics in 1984 with a bachelor’s degree in economics, majoring in trade economics. He graduated from the Central China Normal University in 1999 with a master’s degree in economics, majoring in regional economics. He also graduated from the Nankai University*(南開大學)in 2006 with a doctor’s degree in economics, majoring in political economics. Mr. Xu is a non-practicing member of the Chinese Institute of Certified Public Accountants and a qualified fund practitioner of the Asset Management Association of China.

Mr. Xu has over 30 years of experience working in government institutions. From July 1987 to August 1994, he served as a principal staff member of the Special Commissioner’s Office of the National Audit Office in Guangzhou. From August 1994 to July 2016, he held various positions successively in the departments of Shenzhen Municipal People’s Government. He then worked as the chairman of the board of director and the president of China Insurance Investment Co., Ltd. from August 2016 to January 2019 before joining Wanxiang Group Corporation (“Wanxiang Group”) in June 2019.

Mr. Xu currently holds various positions in Wanxiang Group and its subsidiaries, namely the senior executive vice president of the Wanxiang Group, the chief dean of the Wanxiang Research Institute, the chairman of the board of directors of Wanxiang Venture Capital Co., Ltd., the chairman of the board of directors of Wanxiang Finance Co., Ltd., the chairman of the board of directors of Shangwan Clean Intelligent Vehicle Co., Ltd., the executive director of KARMA Automotive LLC, the executive director of Karma (China) Clean Intelligent Vehicle Co., Ltd., the chairman of the board of supervisors of Wanxiang A123 Systems Corporation, and the supervisor of Dading Petroleum Logistics Co., Ltd.

Mr. Xu also acts as the director of China Wanxiang Holding Co., Ltd. and the chairman of the board of supervisors of Shanghai Pu-Xing Energy Limited.

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COMPANY INFORMATION

Listed Date 10 Jul 2009

Address Room 706, 7th Floor,
Albion Plaza,
2-6 Granville Road,
Tsim Sha Tsui,
Kowloon, Hong Kong

Telephone (852) 2369-9080

Facsimile (852) 2369-9280

Email info@pxcleanenergy.com

No. of Click Rate

423461