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.
TIANNENG POWER INTERNATIONAL LIMITED ˂ঐਗɢყϞࠢʮ̡
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 00819)
INSIDE INFORMATION
UNAUDITED FINANCIAL INFORMATION OF TIANNENG BATTERY GROUP CO., LTD.
FOR THE YEAR ENDED 31 DECEMBER 2020
This announcement is made by Tianneng Power International Limited (the "Company", together with its subsidiaries the "Group") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and
Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Set out below is the key unaudited financial information of Tianneng Battery Group Co., Ltd.*
("Tianneng Share") for the year ended 31 December 2020. Tianneng Share is controlled as to approximately 86.53% by the Company and its results are consolidated with the financial statements of the Company. Tianneng Share is listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange.
For the year ended 31 December 2020
For the year ended 31 December 2019
RMB' 000
RMB' 000
Change %
Revenue Profit
35,099,878 2,737,095
42,744,368 (17.88)
1,879,700 45.61
Net profit attributable to equity owners of Tianneng Share
2,279,814
1,491,731 52.83
31 December | 31 December | ||
2020 | 2019 | Change | |
RMB' 000 | RMB' 000 | % | |
Total assets | 19,639,251 | 17,957,844 | 9.36 |
Total equity attributable to equity owners | |||
of Tianneng Share | 6,739,385 | 4,945,588 | 36.27 |
Shareholders and investors are reminded that the financial information above was prepared in accordance with PRC accounting standards and is limited solely to the operations of Tianneng Share and its controlled subsidiaries and is unrelated to the other subsidiaries of the Group. Such information is unaudited, and does not (a) exclude intra-group transactions, (b) include all the businesses of the Group, or (c) represent or provide a full picture of the operations or status of the Group. Shareholders and potential investors of the Company are reminded to exercise caution when dealing in the securities of the Company.
By Order of the Board
TIANNENG POWER INTERNATIONAL LIMITED
ZHANG Tianren
Chairman
Hong Kong, 26 February 2021
As at the date of this announcement, the executive directors of the Company are Dr. ZHANG Tianren, Mr. ZHANG Aogen, Mr. ZHANG Kaihong, Mr. SHI Borong and Mr. ZHOU Jianzhong; the independent non-executive directors of the Company are Mr. HUANG Dongliang, Mr. WU Feng and Mr. ZHANG Yong.
*for identification purpose only
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Tianneng Power International Limited published this content on 26 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 February 2021 12:52:04 UTC.