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00438 IRICO NEWENERGY

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  • 2.900
  • 0.0000.00%
Market Closed Apr 25 16:09 CST
511.33MMarket Cap-2006P/E (TTM)

About IRICO NEWENERGY Company

Rainbow Group Electronics Co., Ltd. was incorporated in Xianyang City, Shaanxi Province, China on September 10, 2004. It was established by Rainbow Group Corporation, a subsidiary of the State Council's State-owned Assets Administration Commission, at the cost of assets and shares related to display devices. The company's H-shares were listed and traded on the main board of the Hong Kong Stock Exchange on December 20, 2004 (stock code: HK0438). The company is the birthplace of China's first color imaging tube and China's first liquid crystal glass substrate. It is also China's leading manufacturer of solar photovoltaic glass and light-emitting materials. In recent years, the company has transformed from the traditional color imaging tube industry to new industries such as solar photovoltaic glass, new electronic chemical materials, and liquid crystal glass substrates. The company has a registered capital of 2,232 billion yuan. Its main production bases are located in Xianyang, Hefei, Zhangjiagang, Zhuhai, Kunshan and other places. It currently employs more than 6,000 people and has 11 first-tier holding subsidiaries (including an A-share listed company: Rainbow Co., Ltd., code: SH600707, listed on the Shanghai Stock Exchange in May 1996). At the end of 2012, the restructuring plan between Rainbow Group Corporation, the controlling shareholder of the company, and China Electronics Information Industry Group Co., Ltd. (“China Electronics”) was approved by the State Council's State-owned Assets Administration Commission, and Rainbow Group Corporation was merged into China Electronics as a whole through a free transfer. After the restructuring with China Electronics, in the context of restructuring and integration and collaborative industrial development, the company's various businesses had a new and larger platform, and the company's development ushered in new opportunities. The company will continue to be guided by market demand, step up technological upgrading efforts, speed up asset restructuring and optimization, improve asset operation efficiency, vigorously develop industries such as solar photovoltaic glass and new electronic chemical materials, and make every effort to build the largest and most growing enterprise group in the field of new energy.

Company Profile

Symbol00438
Company NameIRICO NEWENERGY
ISINCNE1000003H9
Listing DateDec 20, 2004
Issue Price1.58
Shares Offered485.29M share(s)
FoundedSep 10, 2004
Registered AddressChina
Chairmanhua yang
Secretaryhuadong ni
Audit InstitutionLixin Certified Public Accountants (special general partnership)
Company CategoryMainland registration of Mainland State-owned Assets control
Registered OfficeInside No. 1 Caihong Road, Qindu District, Xianyang City, Shaanxi Province
Head Office and Principal Place of BusinessRoom 1607-8, 16th floor, Citicorp Centre, 18 Whitfield Road, Causeway Bay, Hong Kong
Fiscal Year Ends12-31
Employees2649
MarketHong Kong motherboard
Phone029-33825355
Fax(029)33332613
Emailchdzyxb@ch.com.cn
Business Rainbow Group Renewable Energy Co., Ltd. is a Hong Kong investment holding company mainly engaged in optoelectronic products business. The company operates through four major divisions. The Luminescent Materials Production and Sales Division is engaged in the production and sale of luminescent materials. The LCD Products Production and Sales Division is engaged in the production and trade of LCD televisions and LCD glass substrates. The Solar Photovoltaic Glass Products Production and Sales Division is engaged in the production and sale of solar photovoltaic glass. Other divisions are engaged in other trades.

Company Executives

  • Name
  • Position
  • Salary
  • hua yang
  • Chairman,Executive Director,Strategy Committee Members
  • --
  • zhibin ma
  • general manager,Executive Director,Chairman of the Strategy Committee,Nomination Committee Members,Remuneration Committee Members
  • --
  • zhongxi fang
  • Non-executive directors,Strategy Committee Members
  • --
  • dong wang
  • Non-executive directors,Nomination Committee Members
  • --
  • kun su
  • Independent Non-Executive Director,Chairman of the Audit Committee,Nomination Committee Members
  • --
  • yong li
  • Independent Non-Executive Director,Chairman of the Nomination Committee,Strategy Committee Members,Audit Committee Members,Remuneration and Assessment Committee Members
  • --
  • meiping hao
  • Independent Non-Executive Director,Chairman of the Remuneration and Assessment Committee,Audit Committee Members,Strategy Committee Members,Nomination Committee Members
  • --
  • xiaoning chen
  • Chairman of the Supervisory Board,Shareholder Supervisors
  • --
  • ahe jiang
  • Independent auditors
  • --
  • zhen huang
  • Independent auditors
  • --
  • lefei zhao
  • Employee supervisors
  • --
  • li zhang
  • Employee representative supervisor
  • --
  • wenchao wu
  • Deputy General Manager
  • --
  • xiaofei tong
  • Party Secretary,Authorized Representative
  • --
  • huadong ni
  • Deputy General Manager,Company Secretary
  • --
  • weihong huang
  • Chief Financial Officer,Board Secretary
  • --
  • fengan gao
  • Deputy General Manager
  • --

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