Jilin Province Chuncheng Heating Company Limited
1853.HK
Hong Kong Stock Exchange1.11
HKD
-0.02
- -
Jilin Province Chuncheng Heating Company Limited
1853.HK
(Hong Kong Stock Exchange)
Recent
price
1.11
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Jilin Province Chuncheng Heating Company Limited (1853.HK) provides heat supply services in the People's Republic of China, primarily through its two segments of Heat Supply and Construction, Maintenance and Design Services. The company supplies heat via cogeneration from thermal power plants, coal-fired boilers and biomass fuels; transmits heat through pipe networks; charges pipeline connection fees; sells cables, electrical equipment, household appliances, flooring, floor tiles, thermostats and heating accessories; and produces and supplies electricity. Its construction, maintenance and design services encompass engineering construction for heating facilities and pipelines, boiler installation, heat exchange stations, facility cleaning, repair and replacement, project design, consulting, feasibility studies and electrical instrument maintenance, with operations concentrated in northeast China and serving approximately 550,000 residential and non-residential users across a heat service area of around 67 million square meters in Changchun, Jilin Province. Incorporated in 2017 and headquartered at No. 28, Block B, Nanhu Road Community, No. 998 Nanhu Road, Nanguan District, Changchun, China, the company functions as a subsidiary of Changchun Chuncheng Investment Development Group Company Limited, now referred to as Changre Group. In June 2025, it announced agreements to acquire heat production assets from Changre Group and Changchun Heating Power (Group) Co Ltd, including land parcels, pipes, trenches, machineries, equipment and a vehicle located at specific boiler rooms and the Jilin University Nanling Campus Boiler Room, with the transaction for the latter valued at approximately CNY 110 million in cash consideration; the acquisition from Changchun Heating Power was completed on October 31, 2025 following supplemental agreements in July and August, aimed at reducing competition with the controlling shareholder and supporting strategic development.