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Novautek Technologies Group Limited — Capital/Financing Update 2017
Nov 13, 2017
49267_rns_2017-11-13_53e13be9-22d8-43ec-a45a-30556d5ea896.pdf
Capital/Financing Update
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
KONG SUN HOLDINGS LIMITED 江山控股有限公司
(Incorporated in Hong Kong with limited liability)
(Stock Code: 295)
SUMMARY OF ELECTRICITY GENERATION VOLUME OF SOLAR POWER PLANTS FOR JANUARY TO OCTOBER OF 2017
This announcement is made by Kong Sun Holdings Limited (the “ Company ”, collectively with its subsidiaries, the “ Group ”) to keep the shareholders and potential investors of the Company informed of the latest business development of the Group. The board of directors of the Company (the “ Board ”) announces that, according to the Company’s preliminary operating statistics currently available, the solar power plants owned by the Group have generated electricity in an aggregate volume of approximately 1,286,542 megawatt-hour (“ MWh ”) for January to October of 2017, as compared with the aggregate volume of electricity generated for January to October of 2016 in an aggregate volume of approximately 702,903 MWh. The total installed capacity of the Group has reached 1,660.3 megawatts as at 31 October 2017.
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Set forth below further breakdown of the electricity generated by the solar power plants owned by the Group (by geographical locations).
| Province Xinjiang Gansu Shaanxi Inner Mongolia Shanxi Hebei Henan Shandong Anhui Jiangsu Zhejiang Jiangxi Hubei Total |
Number of Solar Power Plants as at 31 October 2017 11 6 7 2 1 4 1 2 5 1 2 2 1 45 |
Approximate Aggregate Volume of Electricity Generated for January to October of 2017 (MWh) 225,802 102,066 391,481 57,359 19,302 84,307 21,916 37,771 116,868 14,949 120,814 68,188 25,719 1,286,542 |
Approximate Aggregate Volume of Electricity Generated for January to October of 2016 (MWh) 153,303 83,885 169,938 55,727 – 50,799 4,312 16,573 43,298 – 75,552 49,516 – 702,903 |
Approximate Aggregate Volume of Electricity Generated for the Year of 2016 (MWh) 180,871 96,553 205,223 64,085 – 57,399 7,220 19,179 54,507 – 92,202 58,314 3,384 838,937 |
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Note: The figures provided herein are subject to rounding adjustments and will be subject to other possible adjustments due to accounting procedures.
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Shareholders and/or potential investors of the Company are hereby reminded that the information provided above merely represents the preliminary operating performance of the solar power plants beneficially owned by the Group as of 31 October 2017 based on data currently available to the management, and is by no mean a representation or a basis of reference or indication of the revenue or profit to be generated or derived by the Group or any financial performance of the Group as at 31 October 2017 or for the twelve months ended 31 December 2016. Accordingly, shareholders and/or potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.
By order of the Board Kong Sun Holdings Limited Mr. Zeng Jianhua Executive Director
Hong Kong, 13 November 2017
As of the date of this announcement, the Board comprises four executive Directors, Mr. Zeng Jianhua, Mr. Jin Yanbing, Mr. Deng Chengli and Mr. Hou Yue, one non-executive Director, Mr. Yuen Kin, and three independent non-executive Directors, Mr. Miu Hon Kit, Mr. Chen Kin Shing and Ms. Wang Fang.
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