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Sunon (Hong Kong) International Co., Ltd.

Address:Rm 1101/1102, Great Eagle Centre, No. 23, Harbour Road, Wan Chai, Hong Kong

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  • Telephone: +852 34723472
  • Fax: +852 34723497
Sunon (Hong Kong) International Co., Ltd., established in October 2010, is an unified overseas platform wholly-owned by Shenzhen Energy Group, and undertakes the functions of the Group’s overseas assets operation and management, international trade a
  • Sunon (Hong Kong) International Co., Ltd.
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Sunon (Hong Kong) International Co., Ltd., established in October 2010, is an unified overseas platform wholly-owned by Shenzhen Energy Group, and undertakes the functions of the Group’s overseas assets operation and management, international trade and shipping administration, overseas financing and overseas investment. As of the end of 2016, the Company has controlled and managed 12 overseas companies with the total management assets of 14.238 billion RMB and net assets of 4.142 billion RMB. With four functions coexisting, the Company has achieved the goal of managing the Group’s overseas assets in a unified manner and optimizing the tax revenue. As a strategic task, Sunon (Hong Kong) has pioneered the procurement and shipping business of importing coal in the fully marketed international coal and shipping market, which have brought considerable operating income, cash flow, profit and tax revenue, thus enhancing the investment and financing capacity of overseas platform and maintaining the platform operation with high leverage. With the support of the Group’s overseas investment and capital operation, Sunon (Hong Kong), based on international trade support, is taking full advantage of Hong Kong’s low-cost capital market and serving as a major overseas financing center. As of the end of 2016, Sunon (Hong Kong) has financed a cumulative total of 3.554 billion RMB for international trade and shipping, project investment, improving the difference between total investment and registered investment and cross-border fund pool. While facing the volatile offshore market and foreign exchange market, Sunon (Hong Kong) will strive to improve the risk management of exchange rate and interest rate. Since its foundation in 2013, Sunon (Hong Kong) has established Changping and Yongping shipping companies in succession by virtue of overseas financing. In 2013, Sunon (Hong Kong) acquired 75% shares of Xindongyang Company through Newton Company’s investment of 116 million RMB. In June 2015, Sunon (Hong Kong) established GENTEK Holding Company with China Africa Development Fund, and acquired Asogli Power (Ghana) Plant Phase I Project with an investment of nearly 100 million USD and funded the Phase II Project with an investment of 72 million USD. In December 2015, Sunon (Hong Kong) acquired 100% shares and debts of China Hydroelectric Corporation (CPT). In December 2016, Sunon (Hong Kong) completed the establishment of Ghana Coal-fired Clean Power Company and South Pacific Hydropower Company of Papua New Guinea.

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