Tonking New Energy Group Holdings Ltd.
HHKEX:83260.10
HKD
+0.00
(-3.81%)
ISIN
KYG8918S1057
CUSIP
G8918S105
Return %
Stock
S&P 500
1Y
-39.88
14.20
3Y
-16.20
81.12
5Y
-46.60
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
HKD
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in mil. unless spec.Semi-annual Revenue
HKD
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in mil. unless spec.Semi-annual Earnings Per Share
HKD
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in mil. unless spec.Semi-annual Dividends Per Share
HKD
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in mil. unless spec.Company Description
- CEO
- Jian Nong Wu
- Full Time Employees
- 149
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Room 701, Peninsula Centre Hong Kong Hong Kong
- IPO Date
- Nov 21, 2013
- Website
- tonkinggroup.com.hk
- Similar Companies
- Business
- Tonking New Energy Group Holdings Limited, founded in 2004 and headquartered in Kowloon, Hong Kong, is an investment holding company primarily engaged in the renewable energy sector in the People's Republic of China. The company offers comprehensive value-added solutions for photovoltaic (PV) power stations, including engineering, procurement, and construction (EPC); maintenance, support, and testing services; and sales of patented photovoltaic tracking mounting bracket systems. Tonking also participates in solar power projects such as PV fore-runner projects, poverty alleviation initiatives, and distributed PV projects, aiming to enhance electricity accessibility in underserved areas. Its core product technologies include advanced photovoltaic tracking systems that improve power generation efficiency by 25% to 30% compared to fixed brackets, leveraging digital and intelligent technologies such as AI control and wireless communication for unmanned management of PV plants. Tonking New Energy has recently emphasized strategic cooperation and technological innovation through partnerships with major international companies such as Huawei and Philips to enhance its R&D capabilities and market presence. The company has implemented modular designs and upgraded its core transmission system for the tracking brackets, adopting a torque transmission system adaptable to complex environments. In April 2022, Tonking New Energy (Jiangshan) Limited entered into a significant photovoltaic power generation project with China Datang Group Technology Engineering Co., further expanding its project portfolio. The firm also advances smart photovoltaic power plants integrating agriculture and tourism, focusing on sustainable land use and efficient energy production. These developments align with its strategic shift toward digital, efficient, and intelligent solutions in the renewable energy sector. Tonking New Energy operates mainly within China and has expanded its reach through R&D, manufacturing, turnkey project delivery for solar mounting systems, and investments in overseas solar projects, particularly in Southeast Asia. It holds over 40 solar-related patents and maintains substantial manufacturing and research facilities in Jiangshan, Zhejiang Province, covering 400,000 square meters with over 3,000 employees within its group. The company was formerly known as JC Group Holdings Limited before its name change to Tonking New Energy Group Holdings Limited in May 2016. Tonking continues to focus on advancing its competitive position through innovation, strategic alliances, and sustainable development in the photovoltaic energy industry.