Company CHYY Development Group Limited

8128

KYG2127R1074

Electric Utilities

Market Closed - Hong Kong S.E. Other stock markets 04:08:07 2024-05-09 EDT			5-day change	1st Jan Change
0.05 ^HKD	0.00%		+42.86%	-21.88%

04-01	CHYY Development Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
04-01	CHYY Development Group Limited Appoints Zhang Wei as Executive Director	CI

Business Summary

China Geothermal Industry Development Group Ltd is a Hong Kong-based investment holding company principally engaged in the shallow ground source energy related business. The Company operates through four business segments. The Shallow Ground Source Energy segment is engaged in the production, installation and maintenance of shallow ground source energy utilization system. The Properties Investment and Development segment is engaged in the investment in properties for its potential rental income and the sales of properties. The Air Conditioning and Shallow Geothermal Heat Pump segment is engaged in the trading of air conditioning and shallow geothermal heat pump products. The Securities Investment and Trading segment is engaged in the trading of securities and other types of investment.

Number of employees: 218

Sales per Business

HKD in Million	2022	Weight	2023	Weight	Delta
Shallow Geothermal Energy 90.2 %	110	91.7 %	61	90.2 %	-44.12%
Property Investment and Development 8.3 %	0	0.1 %	6	8.3 %	+6,106.59%
Air Conditioning/Shallow Geothermal Heat Pump 1.5 %	10	8.2 %	1	1.5 %	-89.67%

Sales per region

HKD in Million	2022	Weight	2023	Weight	Delta
China 100.0 %	119	100.0 %	68	100.0 %	-43.18%

Managers

Managers	Title	Age	Since
Mingzhong Yang CEO	Chief Executive Officer	45	22-12-01
Pan Ya DFI	Director of Finance/CFO	47	22-03-13
Sheng Heng Xu CHM	Chairman	61	09-02-05
Ji Sun CTO	Chief Tech/Sci/R&D Officer	80	-
Jiang Yun Xue CTO	Chief Tech/Sci/R&D Officer	54	20-08-23
Fu Zhi Jing CIO	Chief Investment Officer	67	13-12-31
Qi Dai ADM	Chief Administrative Officer	42	12-08-31
Wai Kay Chan BRD	Director/Board Member	64	09-02-05
Dan Nie HRO	Human Resources Officer	41	11-06-30
Ning Chen SEC	Corporate Secretary	44	11-23

Members of the board

Members of the board	Title	Age	Since
Hong Hai Zhang BRD	Director/Board Member	69	04-08-31
Sheng Heng Xu CHM	Chairman	61	09-02-05
Wai Kay Chan BRD	Director/Board Member	64	09-02-05
Qi Dai ADM	Chief Administrative Officer	42	12-08-31
Man Quan Wang PRN	Corporate Officer/Principal	61	16-07-12
Qiang Wu BRD	Director/Board Member	64	16-12-28
Yi Ying Zhang BRD	Director/Board Member	51	20-01-15
Jiang Yun Xue CTO	Chief Tech/Sci/R&D Officer	54	20-08-23
Ening Liu BRD	Director/Board Member	44	21-03-11
Pan Ya DFI	Director of Finance/CFO	47	22-03-13