• Sun
  • Sep 21, 2014
  • Updated: 7:08am

China Resources Power

China Resources Power Holdings was incorporated and registered in Hong Kong in 2001. It is a subsidiary of China Resources Holdings, a conglomerate in China and Hong Kong. Its business is focuses on developing, operating and managing coal-burning power plants in China, including Beijing, Hebei, Henan, Liaoning, Shandong, Jiangsu, Anhui, Zhejiang, Hubei, Hunan, Guangdong and Yunnan. 

CRP shares rise after it books HK$2b of impairments on coal mining assets

Shares of China Resources Power rose 2 per cent on Tuesday morning after it booked HK$2 billion of impairments on its coal mining assets.

Wednesday, 20 August, 2014, 5:03am

Fresh lawsuit against China Resources Power looms

Minority shareholders of China Resources Power Holdings (CRP) plan a fresh lawsuit against the firm's directors if they can raise sufficient funds, sources close to the case told the South China Morning Post.

5 May 2014 - 6:37am

Sacked Shanxi mayor linked to China Resources Power mine acquisitions

A former mayor in Shanxi, who was sacked for failing to curtail illegal mining operations in his city, has turned out to be a key figure in helping China Resources to make inroads in the coal-rich province.

28 Apr 2014 - 5:02am

CRP 'has no plans' to play Hong Kong's power game

China Resources Power played down a recent call by two of its senior executives for Hong Kong to "nationalise" local power supply assets after it posted a 47 per cent profit rise for last year.

18 Mar 2014 - 1:11am

Shareholders drop suit against China Resources Power directors but may launch a wider one

Six minority shareholders of China Resources Power have withdrawn their claim of a breach of fiduciary duties by the firm's directors after the High Court judge rejected an application to add new allegations to the original complaint.

8 Jan 2014 - 4:04am

CRP directors accused of lying about joint venture

Minority shareholders of China Resources Power Holdings (CRP) have accused its directors of lying about the extent of its control over a coal joint venture, which was the centre of alleged breach of fiduciary duties by directors, the High Court heard.

7 Jan 2014 - 3:36am

Court to hear case against CRP bosses

The Hong Kong High Court will today hear a petition by six minority shareholders of China Resources Power demanding the company sue its directors for alleged breach of fiduciary duties.

8 Oct 2013 - 3:28am

China Resources Power bosses deny coal mine-purchase fraud accusation

Senior executives of China Resources Power maintain they are not aware of any irregularities concerning a controversial acquisition of coal mines in 2010.

20 Aug 2013 - 4:12am

More questions raised in CRP case

The mystery of alleged negligence by management of China Resources Power in the firm's 2010 acquisition of coal-mining assets in Shanxi province has grown murkier. Official documents show that exploration rights of two mines were transferred by the seller to CRP late last month.

5 Aug 2013 - 3:35am

Ex-journalist to take China Resources 'corruption' files to Hong Kong investigators

An independent mainland investigator with ambitious plans to topple the chairman of one of the country’s largest state-owned conglomerates with corruption charges has announced he would visit Hong Kong’s top anti-graft bodies on Monday and turn over evidence on alleged mismanagement, negligence and corrupt activities involving dozens of senior corporate executives.

29 Aug 2013 - 4:13am