Nan Nan Resources Enterprise Limited
HHKEX:12290.13
HKD
-0.01
(-5.30%)
ISIN
BMG6390D1092
CUSIP
G6390D109
Return %
Stock
S&P 500
1Y
-50.98
14.20
3Y
-12.59
81.12
5Y
-18.30
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
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in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Man Fai Kwan
- Full Time Employees
- 157
- Sector
- Energy minerals
- Industry
- Coal
- Address
- Admiralty Centre Hong Kong Hong Kong
- IPO Date
- Apr 13, 1995
- Website
- nannanlisted.com
- Similar Companies
- Business
- Nan Nan Resources Enterprise Limited is an investment holding company principally engaged in the mining and sale of coal, renewable energy solutions, and information technology (IT) services. The company’s core products and services include coal mining and sales from its mining rights in the Kaiyuan Open Pit Coal Mine and exploration rights in the Zexu Open Pit Coal Mine located in Changji Prefecture, Xinjiang Province, China; renewable energy solutions and solar farm development primarily through its subsidiaries including NEFIN Leasing Technologies Limited and NEFIN Technologies (Malaysia) Sdn. Bhd.; and IT outsourcing, consultancy, technical services, and IT hardware product sales operating across Hong Kong, the United Kingdom, Malaysia, and Singapore. Founded in 1995, the company is headquartered in Admiralty, Hong Kong and operates as a subsidiary of Ascent Goal Investments Limited. Recent major company developments include the 2018 acquisition of a 90% equity interest in NEFIN Leasing Technologies Limited, which bolstered its renewable energy business, and the April 2019 acquisition of an 80.86% stake in Harbour Group Holdings Limited, expanding its footprint in IT services. The company continues to focus on expanding its coal mining operations while also seeking growth in technological and renewable energy sectors. It changed its name from International Resources Enterprise Limited to Nan Nan Resources Enterprise Limited in September 2011. The company’s operations span Mainland China, Hong Kong, Singapore, the UK, and Malaysia, reflecting a diversified geographic and business segment presence. Nan Nan Resources derives most of its revenue from coal mining, with significant contributions from renewable energy and IT services segments, reflecting a strategic shift towards greener energy and technology solutions alongside its traditional coal mining business. The company’s recent financial disclosures indicate a focus on leveraging renewable energy projects and IT services to balance its coal-centered business model. The corporate strategy emphasizes sustainable growth through diversification in energy and technology markets while managing its coal mining assets effectively.