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08128 CHYY GP

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  • 0.049
  • +0.004+8.89%
Market Closed Mar 28 16:08 CST
221.82MMarket Cap-2578P/E (TTM)

About CHYY GP Company

China Hengyouyuan Development Group Co., Ltd. (stock code 8128.HK) is the only Hong Kong-listed company with a large state-owned professional energy saving and environmental protection group enterprise as the single majority shareholder in the field of promoting geoenergy as an alternative heating (cold) energy supply. With the original “constant active single-well circulating heat transfer ground energy harvesting technology” as the core, the company has a full industry chain operation system integrating technology research and development, design consulting, equipment manufacturing, engineering construction, and property maintenance, which can provide complete solutions for heating and cooling energy for different regions and types of buildings. The company has always focused on scientific research and development of shallow ground energy as an alternative energy source for heating (cooling) and the industrialization of the original technology for single-well circulating heat transfer shallow ground energy collection, and has received widespread attention and strong support from all sectors of society, national and local governments, and users at all levels. The company's science and technology industry headquarters, Hengyouyuan Technology Development Group Co., Ltd., has continuously made breakthroughs and innovations in researching and promoting specialized technology of shallow ground energy as an alternative energy source for building heating (cooling), with remarkable results. The Beijing Municipal Standard “Single Well Circulating Heat Transfer Geoenergy Collection Well Engineering Technical Specification”, issued by the Beijing Municipal Bureau of Technology and Quality Supervision, organized and implemented by the Beijing Water Authority and jointly drafted by the Beijing Energy Conservation and Environmental Protection Promotion Association, China Energy Conservation and Environmental Protection Group Corporation, and Hengyouyuan Technology Development Group Co., Ltd. has been implemented since April 1, 2013. The implementation of this technical specification has laid the foundation for the industrialization of the only “third type of footnote 1 geoenergy harvesting technology” original by China in the international community. It has been realized that under any geological conditions, a single-well circulation heat transfer method can be used to heat (cool) buildings by providing sufficient amount of zero-pollution energy for heat pumps. Using shallow ground energy as an alternative energy source for heating (cooling) buildings is an emerging integrated heat and cooling industry based on traditional heating and cooling industries. The “Single Well Circulating Heat Transfer Geoenergy Collection Well Engineering Technical Specification” has also opened up a broad world for the development of this emerging industry, and will surely become an important development driving force for the company to transform its development methods, speed up structural adjustment, and promote transformation and upgrading. The company will always aim to maximize shareholders' interests, and insist on putting equal emphasis on contextual growth and epitaxial development. I believe that under the correct leadership of the board of directors, under the business development model of “specialized company operation and group regional development”, the Group will continuously improve the level of specialization of its subsidiaries, keep abreast of the characteristics of different climatic regions, continuously expand the scope of regionalized development, achieve continuous steady and accelerated development, and strive to become the most competitive new energy enterprise in the field of promoting geoenergy as an alternative energy source for heating (cooling).

Company Profile

Symbol08128
Company NameCHYY GP
ISINKYG2127R1074
Listing Date11/30/2001
Issue Price0.30
Shares Offered442.42M share
Founded12/14/1999
RegistrationCayman Islands
ChairmanShengheng Xu
SecretaryNing Chen
Audit InstitutionPioneer Accountants Ltd
Company CategoryOverseas registration of Mainland State-owned Assets control
Registered OfficeP.O. Box 31119 Grand Pavilion Hibiscus Way 802 West Bay Road Grand Cayman KY1-1205 Cayman Islands
Head Office and Principal Place of Business8th floor, Chung Hing Commercial Building, 62-63 Connaught Road Central, Central, Hong Kong
Fiscal Year Ends12-31
Employees262
MarketGEM
Phone(852) 3753 9800
Fax(852) 3753 9833
Emailinfo@chyy.com.hk
Business The company is an investment holding company, and its subsidiaries are mainly engaged in the industrialization of original technology: from traditional heating, direct combustion energy, to the efficient transportation of low temperature heat energy without combustion, as an alternative energy source for heating buildings. The development of emerging industries with integrated heat and cooling systems has been realized. The industry of China Hengyouyuan Development Group Co., Ltd. and its subsidiaries is centered on the promotion and application of green energy, with proprietary technology for collecting shallow geothermal energy as an alternative energy source for heating, and actively serving the carbon emission reduction industry of heating and cooling systems in mainland China, using shallow geothermal energy as an alternative to traditional heating energy, and heating and cooling of buildings using no combustion and zero emissions; and supporting the development and production of heat pump products with systematic engineering, operation services and electricity to efficiently transport heat energy, as well as related investment and property services.

Company Executives

  • Name
  • Position
  • Salary
  • Shengheng Xu
  • Executive Director,Vice Chairman of the Nomination Committee,Chairman,Deputy Chairman of the Remuneration Committee,Vice Chairman of the Strategy Committee
  • 2.52M
  • Huiji Chen
  • Vice Chairman of the Board,Executive Director,Vice Chairman of the Strategy Committee
  • 1.49M
  • Qi Dai
  • Strategy Committee Member,Deputy Chairman of the Remuneration Committee,Executive Director
  • 354.00K
  • Wei Yang
  • Vice Chairman of the Board
  • 60.00K
  • Ening Liu
  • Non-Executive Director,Strategy Committee Member
  • 60.00K
  • Yiying Zhang
  • Non-Executive Director,Strategy Committee Member
  • 60.00K
  • Yuan Liao
  • Vice Chairman of the Nomination Committee,Non-Executive Director,Vice Chairman of the Strategy Committee
  • --
  • Qiang Wu
  • Remuneration Committee Members,Strategy Committee Chairman,Independent Non-Executive Director,Nomination Committee Member,Audit Committee Member
  • 170.00K
  • Chenghua Guan
  • Strategy Committee Member,Remuneration Committee Chairman,Independent Non-Executive Director,Nomination Committee Chairman,Audit Committee Member
  • 170.00K
  • Honghai Zhang
  • Audit Committee Chairman,Independent Non-Executive Director,Nomination Committee Member,Member of the Development Strategy Committee,Remuneration Committee Member
  • --
  • Mingzhong Yang
  • Group CEO
  • 51.00K
  • Jiangyun Xue
  • Group Chief Engineer
  • 1.10M
  • Ya Pan
  • Finance Director
  • 598.00K
  • Wei Zhang
  • Chief Safety Officer,Executive VP
  • --
  • Tianyue He
  • Executive VP
  • --
  • Yongliang Shi
  • Executive VP
  • --
  • Dan Nie
  • Executive VP
  • --
  • Baohong Liu
  • Executive VP
  • --
  • Daqiu Li
  • Corporate Executive Vice President,Deputy Chief Engineer
  • --
  • Ji Sun
  • Technical Director
  • --
  • Ning Chen
  • CFO,Company Secretary,Authorized Representative
  • --
  • Shumin Wu
  • Authorized Representative
  • --

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