23 Aug 2017,
  • HSI:
    27,401.67 246.99 (0.91%)
    HSCI:
    10,954.92 203.38 (1.89%)
    HKSPLC25:
    35,119.50 292.68 (0.84%)
    HKSPGEM:
    268.75 1.70 (0.64%)
  • HSCEI:
    10,954.92 203.38 (1.89%)
    HSCCI:
    4,297.43 47.12 (1.11%)
    HSFML25:
    9,475.49 137.74 (1.48%)
    H-FIN:
    17,670.50 362.60 (2.10%)
  • Hang Seng Index
  • 27,401.67

  • 246.99 (0.91%)
HSCI 10,954.9 203.4
HKSPLC25 35,119.5 292.7
HKSPGEM 268.8 1.7
HSCEI 10,954.9 203.4
HSCCI 4,297.4 47.1
HSFML25 9,475.5 137.7
H-FIN 17,670.5 362.6
Stay Connected With EQS TodayIR

China Renewable Energy Investment Limited (00987.HK)

Power Producers

INTRADAY CHART

more

FINANCIAL REPORTSmore

2016 (AR)
2016 (IR)
2015 (AR)

PRESENTATIONSmore

  • 2016 Annual R ...
    2017
China Renewable Energy Investment Limited ("CRE"), a subsidiary of HKC (Holdings) Limited ("HKC"), is an Alternative Energy project developer focused on China. CRE is headquartered in Hong Kong whilst the Beijing office serves as an operational centre for the development and management of the Chinese projects.

The vision of CRE is to be the Trusted Partner in China's Alternative Energy Development. Our strategy is currently focused on the wind power development and operation in China. We have a competent technical and experience management team and are one of the first movers in China's wind power business with a growing wind generation capacity. We have strong project partners including China Energy Conservation and Investment Corporation (CECIC), one of the largest SOEs in China involved in energy conservation and environmental protection; and local municipal electricity companies.

Currently, CRE owns and operates two 30 MW wind power stations in Mudanjiang, Heilongjiang Province(with respective shareholdings of 86% and 86.6%), a 49.5 MW wind power station (Phase 1) in Siziwang Qi, Inner Mongolia, a 200 MW wind power station in Danjinhe, Hebei Province (with shareholding of 40%), a 100.5 MW wind power station in Lunaobao, Heibei Province (with shareholding of 30%), a 201 MW wind power station in Changma, Gansu Province (with shareholding of 40%), and a 25 MW waste-to-energy power plant in Shandong Province (with shareholding of 40%)...
+ More Company Profile

Mr. Oei Kang, Eric - Executive Director, Chairman & Chief Executive Officer

Mr. OEI Kang, Eric, aged 46, has been appointed as Executive Director, Chairman and Chief Executive Officer of the Company since 10 April 2008. He also holds several directorships in other members of the Group and the chairman of the Executive Committee of the Company. Mr. OEI was educated in the USA and obtained a Bachelor’s Degree in Economics (with a minor in Electrical Engineering), and a Master’s Degree in Business Administration. Earlier in his career, he worked with Peregrine Securities Ltd. and PCCW Limited in Hong Kong, the LG Group in Seoul and McKinsey & Co. in Los Angeles, USA. Mr. OEI is currently an Executive Director and Chief Executive Officer of HKC (Holdings) Limited (“HKC”, together with its subsidiaries, the “HKC Group”), the shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited and the controlling shareholder of the Company. He is also a director of certain subsidiaries of HKC. Mr. OEI is also the director and the shareholder of Claudio Holdings Limited, the controlling shareholder of HKC.

Mr. Leung Wing Sum, Samuel - Executive Director and Chief Financial Officer

Mr. LEUNG Wing Sum, Samuel, aged 53, has been appointed as Executive Director and Chief Financial Officer of the Company since 1 December 2008. He joined the Group in April 2008 as Qualified Accountant of the Company. He also holds several directorships in other members of the Group and is a member of the Executive Committee of the Company. Mr. LEUNG has been appointed as Executive Director of HKC since 1 September 2015. He is currently the Chief Financial Officer of HKC and also a director of certain subsidiaries of HKC. Mr. LEUNG is a certified practising accountant of CPA Australia. Mr. LEUNG obtained a Master’s Degree in Business from RMIT University of Australia. He has over 20 years’ experience in auditing and finance management with an international audit firm and other major conglomerates in Hong Kong. Prior to joining the Group, Mr. LEUNG was a director of internal control and risk management of HKC.

Mr. WONG Jake Leong, Sammy - Executive Director

Mr. WONG Jake Leong, Sammy, aged 56, has been appointed as Executive Director of the Company since 1 January 2014. He has been instrumental in raising funds for the Group. Mr. WONG is the Investor Relations Director of the Group, and is currently serving as a member of the Executive Committee of the Company. He is also a Director of certain subsidiaries of the Group. Since 2007, Mr. WONG has joined HKC, and is an Executive Director of HKC. He also serves as a Director of certain subsidiaries of the HKC Group.

Mr. WONG received a Bachelor’s degree in the geophysical sciences from the University of Chicago and an MBA from the Yale School of Management. Before Yale, he worked as a petroleum geologist at Sohio Petroleum. After Yale, Mr. WONG became an investment banker at Kidder, Peabody in New York, where he was involved in project finance. He moved to Hong Kong with Bear Stearns, and was involved in a variety of corporate finance activities, including some of the first H share IPOs out of China. Mr. WONG then worked in equity research at Societe Generale where he was in charge of the research efforts in Shanghai; and later as vice President and head of China Research at Credit Suisse in Hong Kong. Before joining HKC, Mr. WONG served as a Chief Financial Officer for DVN Holdings Limited (now known as “Frontier Services Group Limited”), where he was involved in fund raising and introducing strategic investors to the company.

Mr. YU Hon To, David - Independent Non-executive Director

Mr. YU Hon To, David, aged 68, has been appointed as Independent Non-executive Director of the Company since 10 April 2008. He is also a member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company. Mr. YU is a fellow member of the Institute of Chartered Accountants in England and Wales and an associate member of the Hong Kong Institute of Certified Public Accountants. He has extensive experience in the fields of auditing, corporate finance, financial investigation and corporate management. He was formerly a partner of an international accounting firm.

Mr. YU is currently an independent non-executive director of the following companies listed on the Main Board of the Stock Exchange, namely China Resources Gas Group Limited (stock code: 1193), Haier Electronics Group Co., Ltd. (stock code: 1169), Keck Seng Investments (Hong Kong) Limited (stock code: 184), Media Chinese International Limited (which is also listed in Malaysia; Hong Kong stock code: 685, Malaysia stock code: 5090), One Media Group Limited (stock code: 426), Playmates Holdings Limited (stock code: 635) and Synergis Holdings Limited (stock code: 2340). Mr. YU is also an independent non-executive director of New Century Asset Management Limited, the manager of New Century Real Estate Investment Trust (stock code: 1275), a company listed on the Main Board of the Stock Exchange.

Mr. YU was an independent non-executive director of Bracell Limited (formerly known as “Sateri Holdings Limited”) (stock code: 1768), VXL Capital Limited (stock code: 727) (now known as “Crown International Corporation Limited”) and Great China Holdings Limited (stock code: 141) (companies listed on the Main Board of the Stock Exchange).

Mr. TIAN Yuchuan - Independent Non-executive Director

Mr. TIAN Yuchuan, aged 52, has been appointed as Independent Non-executive Director of the Company since 23 April 2013. He is also a member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company. He holds a Bachelor of Arts Degree from Beijing Foreign Studies University. Mr. TIAN also obtained an executive education program certificate from Cheung Kong Graduate School of Management in 2009 and completed a program in leadership and public policy at University of Oxford in 2012. He has over 30 years of experience in multinational business, corporate management, international equity investment and corporate finance. Mr. TIAN was the executive director and chief executive officer of CITIC Dameng Holdings Limited (stock code: 1091), a company listed on the Main Board of the Stock Exchange. He also held senior positions in several subsidiaries of CITIC Group between 1986 and 2004. Mr. TIAN was employed as the Senior Vice President, Corporate Strategy and Development and served as a director of some subsidiaries of HKC between April 2006 to March 2008.

Mr. ZHANG Songyi - Independent Non-executive Director

Mr. ZHANG Songyi, aged 61, has been appointed as Independent Non-executive Director of the Company since 1 January 2016. He is also a member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company. He obtained a Juris Doctor degree from Yale University in 1985. Mr. ZHANG currently serves in senior management and advisory capacities in several companies, including acting as the chairman of Mandra Capital and a director of SINA Corporation which is a company listed on the NASDAQ Stock Market. Mr. ZHANG is currently an independent non-executive director of China Longyuan Power Group Corporation Limited, the shares of which are listed on the Stock Exchange. Mr. ZHANG was previously an Independent Nonexecutive Director of the Company from April 2008 to April 2013.

List of Directors and Their Role and Function
 
Audit Committee

Mr. YU Hon To, David
Mr. TIAN Yuchuan
Mr. ZHANG Songyi

 
Remuneration Committee

Mr. YU Hon To, David
Mr. TIAN Yuchuan
Mr. ZHANG Songyi

 
Nomination Committee

Mr. YU Hon To, David
Mr. TIAN Yuchuan
Mr. ZHANG Songyi

 

More details in relation to the Group's principal corporate governance practices can be found in our latest 2016 Corporate Governance Report.

 
Procedure for Election of Directors
 
Memorandum and Articles of Association
 

UPCOMING EVENT

S M T W T F S
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

WEBSITE

www.cre987.com

COMPANY INFORMATION

Listed Date 27 Jan 1994

Address 9/F, Tower 1,
South Seas Centre,
75 Mody Road,
Tsimshatsui East,
Kowloon, Hong Kong

Telephone (852) 2731 1000

Facsimile (852) 2722 1323

Email info@cre987.com

No. of Click Rate

169328