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    China Huarong Energy Company Limited (1101.HK)

    0.34 Up 0.01(1.52%) 3:59AM EDT
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    China Huarong Energy Company Limited
    Two Exchange Square
    Suites 2505–2508
    Hong Kong - Map
    Phone: 852 3900 1888
    Fax: 852 2180 7880
    Website: http://www.huarongenergy.com.hk

    Index Membership:N/A
    Sector:Industrial Goods
    Industry:Diversified Machinery
    Full Time Employees:2,976

    Business Summary 

    China Huarong Energy Company Limited, an investment holding company, engages in the shipbuilding, offshore engineering, engineering machinery, marine engine building, and energy exploration and production businesses for oil and gas related customers and markets primarily in the People’s Republic of China. Its Shipbuilding segment constructs vessels, including ore carriers, Panamax bulk carriers, containerships, and crude oil tankers. The company’s Offshore Engineering segment constructs vessels for marine projects. Its Engineering Machinery segment manufactures excavators and crawler cranes. The company’s Marine Engine Building segment builds marine engines. Its Energy Exploration and Production segment holds 60% interest in the Kyrgyzstan project that includes five oilfields covering 545 square kilometers, located in the Fergana Valley of the Republic of Kyrgyzstan. The company manufactures mechanical and electrical equipment, and accessories for shipping production; stores shipping material; carries cargo; manufactures and installs pipeline and shipping equipment; provides shipping services and consultancy services for shipbuilding; trades vessel accessories; sells building materials; and builds shipowners club. In addition, the company engages in the steel construction engineering; manufacture, processing, and sale of steel and accessories, and metal proceeding products; wholesale and retail of electronic machinery products; coating and corrosing resistance tank coating projects; and manufacture, wholesale, and retail of engineering machineries, as well as design, manufacture, and sale of marine high-power diesel engine parts and semi-finished parts. The company was formerly known as China Rongsheng Heavy Industries Group Holdings Limited and changed its name to China Huarong Energy Company Limited in April 2015. China Huarong Energy Company Limited was incorporated in 2010 and is headquartered in Central, Hong Kong.

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    Key Executives 
    Mr. Qiang Chen , 54
    Chairman, Chief Exec. Officer, Chairman of Fin. & Investment Committee, Member of Corp. Governance Committee and Member of Remuneration Committee
    Mr. S. J. Wang , 51
    Chief Financial Officer, Exec. Director, Member of Corp. Governance Committee and Member of Fin. & Investment Committee
    Mr. Tao Wang , 42
    Exec. Director
    Mr. Ning A. Wei , 64
    Exec. Director and Member of Nomination Committee
    Ms. Wen Hua Zhu , 46
    Exec. Director
    Mr. Liang Hong , 44
    VP, Exec. Director and Member of Fin. & Investment Committee
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in HKD.