| Traditional Chinese | Chinese simplified

Company Profile

China Suntien Green Energy Corporation Limited was established on 9 February 2010 by 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 primarily engaged in the exploration and utilization of clean energy and new energy, with two major business segments: the wind power business and the natural gas business.

The Group is engaged in the planning, development and operation of wind farms as well as the sale of electricity. The Group owns wind power projects in 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 has actively sought suitable investment projects overseas. As at 31 December 2016, the Group had wind power consolidated installed capacity of 2,796.15 MW as well as interests in installed capacity of 2,571.6 MW. In 2016, the gross wind power generation of the Group was 4,585 million kWh with 2,195 utilization hours.

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 2016, the Group owned 3 long-distance natural gas transmission pipelines, 8 high-pressure branch pipelines, 29 urban gas projects, 14 distribution stations, 8 gate stations, 7 CNG refilling stations, 6 CNG primary filling stations. In 2016, the sales volume of natural gas of the Group was 1,111 million cubic meters.

In 2016, the global economic growth remained lackluster and economy of China was under the pressure of economic downturn. As 2016 marked the commencement of the “13th Five-Year Plan”, and China has entered into a “new normal”, the growth in energy demand slowed down and environmental protection constraints increased continuously. 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 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 wind power and natural gas, and to explore any other new energy and clean energy, with a view to constantly improving the profitability of the Group.