China New Energy Limited (CNEL) Group is a small investment vehicle, incorporated in Jersey in 2006 and listed on AIM in 2011. Through its wholly-owned subsidiary, Guangdong Zhongke Tianyuan New Energy Science and Technology Co. Ltd (“ZKTY”), the Group provides process technology, engineering designs, plant manufacturing and operational services, mostly in China, or for Chinese companies. ZKTY is primarily focused on producers and users of bioenergy for producing bioethanol and biobutanol, which are commonly used by downstream producers as primary fuels, as solvents for use in the chemicals industry, or as ingredients for the beverages industry. The company returned to profitability in 2016: total revenue RMB78.6 million (c. £9.2million), 2015 RMB 61.7million (c. £6.4million).
Exchange London AIM (CNEL)
Financial Data from Exchange website: LSE summary
Recent Financial Data: Results for year to 31 December 2016
Further Information: ZKTY has close links with, and emerged from, the Guangzhou Institute of Energy Conversion, a prominent research centre in China, which specialises in research into alternative energy and renewable energy technologies.
Jersey JE1 1ES
ZKTY Main Operating Office:
8/F, Technology Integration Building,
No. 4, Nengyuan Road,
GUANGZHOU, GNG, 510640 China
Tel: +86-20-8705 7185
Fax: +86-20-8705 7162
Chairman Yu Weijun CEO Tang Zhaoxing