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01257 China Everbright Greentech
1.740
+0.010+0.58%
Symbol
01257
Company Name
China Everbright Greentech
ISIN
KYG2R55E1030
Listing Date
05/08/2017
Establishment Date
10/13/2015
Registration
Cayman Islands
Chairman
Haiqing Huang
Secretary
Yongwen Zhou
Audit Institution
Ernst & Young accounting firm
Company Category
Overseas registration of Mainland State-owned Assets control
Registered Office
Cricket Square, Hutchins Drive PO Box 2681 Grand Cayman, KY1-1111 Cayman Islands
Head Office and Principal Place of Business
Room 3602, 36 / F, far East Financial Centre, 16 Harcourt Road, Hong Kong
Fiscal Year Ends
12-31
Employees
3700
Market
Hong Kong motherboard
Phone
852-22591238
Fax
852-24336546
Email
info@ebgreentech.com
Business
China Everbright Green Environmental Protection Co., Ltd. is a company mainly engaged in providing environmental protection services. The company's business is mainly operated through three major divisions. Biomass Division is mainly engaged in the use of agricultural and forestry wastes and other biomass raw materials for power generation and heating. The hazardous waste disposal division is mainly engaged in the collection and disposal of hazardous waste. The photovoltaic and wind power division is mainly engaged in operating photovoltaic and wind power facilities to produce electricity.
Profile
(1) Establishment In order to better identify and establish the value of green environmental protection business as an independent enterprise, and explore the shareholder value of Everbright Environmental shareholders, Everbright Environment will make three segments of its green environmental protection division, namely, biomass comprehensive utilization business, hazardous waste and solid waste disposal business, photovoltaic power generation and wind power business separated from the business system of Everbright Environment, and as the main body of overseas listing. In this context, the issuer was incorporated as an exempted limited company on October 13, 2015 in accordance with the companies Law of the Cayman Islands and acted as the subject of overseas listing. When the issuer was established, the authorized share capital was US $50000, divided into 50000 shares with a par value of US $1.00 each. The issuer holds the Certificate of Registration issued by the companies Registry of the Cayman Islands (serial number: CT-304834). (2) changes in historical evolution On October 13, 2015, the issuer was established in accordance with the companies Law of the Cayman Islands. On the date of registration, the issuer issued 1 ordinary share of US $1.00 each to the initial subscriber and transferred the above shares to China Everbright Green Holdings on the same day. As a result, China Everbright Green Holdings has become the sole shareholder of the issuer. On November 20, 2015, the issuer issued 99 common shares of US $1.00 each to China Everbright Green Holdings. On November 24, 2015, the issuer issued 100 common shares of US $1.00 each to China Everbright Green Holdings. On December 2, 2015, the issuer issued 100 common shares of US $1.00 each to China Everbright Green Holdings. On April 29, 2016, the issuer issued 100 common shares of US $1.00 each to China Everbright Green Holdings. On April 10, 2017, the issuer split one share of $1 each into 10 shares of $0.1 each. At the same time, the authorized share capital of the issuer increased from $50000 to 500000 shares of $0.10 per share, an increase of 4999500000 shares of $0.10 per share. At this point, the authorized share capital of the issuer is $500000000, divided into 5000000000 shares ($0.10 each). On April 10, 2017, China Everbright Green Holdings, the sole shareholder of the issuer, made a resolution to authorize the board of directors to transfer $143999600 of the balance of the issuer's share premium to 1439996000 shares at the end of business hours on April 13, 2017 (or such other date as the directors may specify). The registered shareholders of the issuer or the shareholders of the share transfer office shall allot and issue in proportion to their existing shares for the time being, and each share shall enjoy the same status in all respects as the then publicly issued shares. On May 8, 2017, the issuer was listed on the main board of the Stock Exchange (stock code 1257.HK). At the time of listing, the issuer publicly issued 560000000 shares at HK $5.40 per share. On May 26, 2017, the issuer exercised the IPO over-allotment option to issue an additional 66078000 new common shares at HK $5.40 per share, raising a total of about HK $3380821000. As of the date of signing the prospectus, the authorized share capital of the issuer was US $500000000 and the number of shares issued was 2066078000 shares. For the controlling shareholder, the actual controller and the ownership structure of the issuer, see "III, the controlling shareholder and the actual controller of the issuer" in this chapter. Announcement of June 20, 2022: Huang Haiqing serves as chairman of the board of directors.
Company Overview
(1) Establishment In order to better identify and establish the value of green environmental protection business as an independent enterprise, and explore the shareholder value of Everbright Environmental shareholders, Everbright Environment will make three segments of its green environmental protection division, namely, biomass comprehensive utilization business, hazardous waste and solid waste disposal business, photovoltaic power generation and wind power business separated from the business system of Everbright Environment, and as the main body of overseas listing. In this context, the issuer was incorporated as an exempted limited company on October 13, 2015 in accordance with the companies Law of the Cayman Islands and acted as the subject of overseas listing. When the issuer was established, the authorized share capital was US $50000, divided into 50000 shares with a par value of US $1.00 each. The issuer holds the Certificate of Registration issued by the companies Registry of the Cayman Islands (serial number: CT-304834). (2) changes in historical evolution On October 13, 2015, the issuer was established in accordance with the companies Law of the Cayman Islands. On the date of registration, the issuer issued 1 ordinary share of US $1.00 each to the initial subscriber and transferred the above shares to China Everbright Green Holdings on the same day. As a result, China Everbright Green Holdings has become the sole shareholder of the issuer. On November 20, 2015, the issuer issued 99 common shares of US $1.00 each to China Everbright Green Holdings. On November 24, 2015, the issuer issued 100 common shares of US $1.00 each to China Everbright Green Holdings. On December 2, 2015, the issuer issued 100 common shares of US $1.00 each to China Everbright Green Holdings. On April 29, 2016, the issuer issued 100 common shares of US $1.00 each to China Everbright Green Holdings. On April 10, 2017, the issuer split one share of $1 each into 10 shares of $0.1 each. At the same time, the authorized share capital of the issuer increased from $50000 to 500000 shares of $0.10 per share, an increase of 4999500000 shares of $0.10 per share. At this point, the authorized share capital of the issuer is $500000000, divided into 5000000000 shares ($0.10 each). On April 10, 2017, China Everbright Green Holdings, the sole shareholder of the issuer, made a resolution to authorize the board of directors to transfer $143999600 of the balance of the issuer's share premium to 1439996000 shares at the end of business hours on April 13, 2017 (or such other date as the directors may specify). The registered shareholders of the issuer or the shareholders of the share transfer office shall allot and issue in proportion to their existing shares for the time being, and each share shall enjoy the same status in all respects as the then publicly issued shares. On May 8, 2017, the issuer was listed on the main board of the Stock Exchange (stock code 1257.HK). At the time of listing, the issuer publicly issued 560000000 shares at HK $5.40 per share. On May 26, 2017, the issuer exercised the IPO over-allotment option to issue an additional 66078000 new common shares at HK $5.40 per share, raising a total of about HK $3380821000. As of the date of signing the prospectus, the authorized share capital of the issuer was US $500000000 and the number of shares issued was 2066078000 shares. For the controlling shareholder, the actual controller and the ownership structure of the issuer, see "III, the controlling shareholder and the actual controller of the issuer" in this chapter. Announcement of June 20, 2022: Huang Haiqing serves as chairman of the board of directors.
CEO: Haiqing Huang
Market: Hong Kong motherboard
Listing Date: 05/08/2017
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