China Suntien Green Energy Corporation Limited was established on 9 February 2010 with contribution made by the promoter shareholders HECIC and HECIC Water. The Company was listed on the Main Board of the Hong Kong Stock Exchange on 13 October 2010. The Group is a leading company in the development and utilization of clean energy in northern China and is the largest natural gas distributor in Hebei Province, as well as the largest wind power operator in the province.
The Group is primarily engaged in the exploration and utilization of clean energy and new energy, with two major business segments: the natural gas business and the wind power business. The Group possesses natural gas transmission and ancillary facilities in Hebei Province, and sells natural gas through natural gas distribution channels. As at 31 December 2015, the Group owned 3 long-distance natural gas transmission pipelines, 8 high-pressure branch pipelines, 27 urban gas projects, 14 distribution stations, 8 gate stations, 7 CNG refilling stations, 5 CNG primary filling stations.In 2015, the sales volume of natural gas of the Group was 1,127 million cubic meters.
Engaged in the planning, development and operation of wind farms as well as the sale of electricity, the Group owns wind power projects in the regions of Hebei, Shanxi, Xinjiang, Shandong, Yunnan and Inner Mongolia, etc. Based in Hebei, the Group has invested and developed wind power projects across the country, and actively seeks suitable investment projects overseas. As at 31 December 2015, the Group had wind power consolidated installed capacity of 2,093.6 MW as well as interests in installed capacity of 1,922 MW. In 2015, the gross wind power generation of the Group was 3,161 million kWh with 1,887 utilization hours.
In 2015, China has experienced a slowdown in economic growth and was under downward pressure. However, the government constantly promulgated a series of measures to actively support the development of clean energy and new energy. In the critical period that requires for the urgent need for air pollution control, structural upgrade of domestic industries and energy structure adjustment, the Group will be in line with the direction of government policies at the right time to actively develop its business, expand the industrial scale, focus on the development of natural gas and wind power, and to explore any other clean energy and new energy, with a view to constantly improving the profitability of the Group.