China Resources Power
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China Resources Power

China Resources Power
China Resources Power
China Resources Power Holdings was incorporated and registered in Hong Kong in 2001. It is a subsidiary of China Resources Holdings, a conglomerate in China and Hong Kong. Its business is focuses on developing, operating and managing coal-burning power plants in China, including Beijing, Hebei, Henan, Liaoning, Shandong, Jiangsu, Anhui, Zhejiang, Hubei, Hunan, Guangdong and Yunnan.
Chairman / President
Shi Baofeng
CEO / Managing Director
Shi Baofeng
CFO / Finance Director
Gao Li
Industry
Energy & Utilities
Website
cr-power.com
Headquarters address
39/F, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong
Stock Code
SEHK:836
Year founded
1997
China’s coal-fired power producers have seen their profits hampered by surging coal prices for the last couple of years. Photo: AP
Energy

Wholesale price rise boosts Chinese power shares

Corruption in China

China Resources’ ex-chairman gets 14 years jail for graft

New | China Resources Power drops after president’s departure amid graft probe

CRP shares rise after it books HK$2b of impairments on coal mining assets

Shares of China Resources Power rose 2 per cent on Tuesday morning after it booked HK$2 billion of impairments on its coal mining assets.

China Resources Power's power output in the first half rose 8.3 per cent. Fuel cost per unit of output fell 11.7 per cent. Photo: Bloomberg

Fresh lawsuit against China Resources Power looms

Minority shareholders of China Resources Power Holdings (CRP) plan a fresh lawsuit against the firm's directors if they can raise sufficient funds, sources close to the case told the South China Morning Post.

China Resources (Holdings)

Sacked Shanxi mayor linked to China Resources Power mine acquisitions

A former mayor in Shanxi, who was sacked for failing to curtail illegal mining operations in his city, has turned out to be a key figure in helping China Resources to make inroads in the coal-rich province.

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CRP 'has no plans' to play Hong Kong's power game

CRP has budgeted HK$16 billion for coal-fired plants this year.

Shareholders drop suit against China Resources Power directors but may launch a wider one

Six minority shareholders of China Resources Power have withdrawn their claim of a breach of fiduciary duties by the firm's directors after the High Court judge rejected an application to add new allegations to the original complaint.

CRP directors accused of lying about joint venture

Minority shareholders of China Resources Power Holdings (CRP) have accused its directors of lying about the extent of its control over a coal joint venture, which was the centre of alleged breach of fiduciary duties by directors, the High Court heard.

Court to hear case against CRP bosses

The Hong Kong High Court will today hear a petition by six minority shareholders of China Resources Power demanding the company sue its directors for alleged breach of fiduciary duties.

Court to hear case against CRP bosses

China Resources Power bosses deny coal mine-purchase fraud accusation

Senior executives of China Resources Power maintain they are not aware of any irregularities concerning a controversial acquisition of coal mines in 2010.

Wang Yujun says the firm is not buying more mines. Photo: Felix Wong

More questions raised in CRP case

China Resources (Holdings)

Ex-journalist to take China Resources 'corruption' files to Hong Kong investigators

China Resources investors await answers after overpaying accusation

Hongyatou mine. Photo: Eric Ng

China Resources Power shares surge on failed deal

Shareholders of China Resources Power saw HK$4 billion added to the value of their holdings yesterday as the company's stock jumped 5 per cent after a merger deal with China Resources Gas lapsed.

Shareholders attend the AGM of China Resources Power Holdings. Photo: Sam Tsang

CRP shareholders set to reject CRG merger

"The merger has always been unlikely to win shareholders' support; the events in the past week made it even less likely to succeed," said Michael Parker, a senior analyst at American brokerage Sanford C. Bernstein. "There is real uncertainty what CRP's strategy is."

Opinion | Are state-owned companies now too big to touch?

There couldn't be a better tombstone to mark the 20th anniversary of the listing of mainland state-owned enterprises (SOEs) in Hong Kong than the handling of the graft allegations against Song Lin, chairman of China Resources.

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Beijing launches audit of China Resources

Beijing has launched an audit of China Resources (Holdings) after top managers of the conglomerate's electricity unit were accused of causing a major loss of state assets by overvaluing some mining assets it acquired.

Beijing launches audit of China Resources

China Resources mining deal probed by anti-graft watchdog

The Communist Party's anti-graft watchdog said yesterday it was processing a whistle-blower's complaint about alleged negligence in an acquisition by China Resources Power Holdings (CRP), as the company hit back.

China Resources needs to win over merger sceptics

CR Power, CR Gas hold talks on merger

CR Power, CR Gas hold talks on merger

Falling fuel cost lifts hopes for China Resources Power

China Resources Power expects this year's fuel cost per unit of output to fall at least 5 per cent while electricity price will be stable, which will bode well for its profitability.

Wang Yujun. Photo: May Tse

Lower coal prices to fuel higher profits for China Resources Power

CRP looks to acquire private miners

CRP hopeful of boost in profits for power industry

Energy

China Resources Power plugs into constant profit

CR Power to acquire generators from parent

Company profile - China Resources Power Holdings

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