China Power Equipment CPQQ · USD

Its shares trade under the ticker CPQQ. It has been listed since 13 November 2007. In the fiscal year to 31 December 2012, it reported revenue of $36.8m and net income of $6.4m. At that date it held total assets of $45.3m and shareholders' equity of $41.6m.

China Power Equipment, Inc. is an investment holding company. The company is headquartered in Xianyang, Shaanxi. The company went IPO on 2007-11-13. The Company’s devices are used to step down voltage at the final phase of the distribution of electricity to consumers, businesses, and industry. The firm conducts its business through its operating company, Xi’an Amorphous Alloy Zhongxi Transformer Co., Ltd. (Zhongxi), a People’s Republic of China (PRC) Company that is controlled through its wholly owned PRC-based subsidiary An Sen (Xi'an) Power Science & Technology Co., Ltd. (An Sen), a wholly foreign-owned enterprise (WOFE). The Company’s transformers consume 70% less electricity to operate than traditional transformers. Its products generate fewer pollutants, while retaining more electricity.

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• Yongxing SongChairman of the Board, President, Chief Executive Officer, since 2007$12,860
• Yarong FengDirector
• Dangsheng ChenIndependent Director
• Siu Kuen LeungIndependent Director
• Michael SegalIndependent Director, since 2006
• Nicole ChenVice President of Finance

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