PRESS

2007-07-19

CCH will be listed in the HongKong stock exchange main board


      Century Concord Holdings Ltd. Is a professional clean and renewable energy investment and holdings company, the investment will emphasis on wind power plant investment, wind farm consultant, design and construction, wind farm operation maintenance and equipment manufacturing.

 
      The company start the assets reform agreement negotiation by Jan 2007 and start up the work to list on Hong Kong stock exchange by using the existing Hong Kong Pharmaceutical(0182.HK). In 29th April, signed the restructure agreement, and Hong Kong Pharmaceutical delisting, and relisted on 19th May. After been listed on the stock exchange, the CCH will use the listing company as operating platform, to invest and operate wind power generation career.

      After the restructure, the Hong Kong Pharmaceutical’s main operation Will move to the green energy sources-Wind power industry instead of Nanbeihang’s traditional Chinese medicine business. This will lead the company to fast speed went up and this diversification will reduce the operation risk.

      In 22nd May, the Hong Kong Pharmaceutical raises the share capital to 800 million shares in order to expanse the wind power generation business, the company raises funds of 400million HK dollars, got the passionate response by investors. We have 3.5times subscribe for the first day of road show.

      Recently, CCH will utilizing the abandoned capital and wind power resource reserve to expedite the wind power plant construction and investment:
      On 6th Jun 2007, cooperate with Shanghai Shenhua Holdings Co., Ltd. (600653), to invest in Taipusi Banner wind farm, holding 50% share each, the project planned to put into production at the year end.

      On 28th CCH cooperated with Pangu Co. to invest in Jilin Zhenlai wind farm. Each party holding 50% share, the project planned to put into production at the year end.

      On 5th July 2007, CCH cooperated with Shenzhen Jinghuachi to invest in Liaoning Zhangwu Wind farm, each party holding 50% share, the project planned to put into production at the year end.


       Our company plan to have a total capacity of 500000kw to become one of the top ten in China, and provide higher return to all investors.


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