Sinoma Energy Conservation Ltd
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Sinoma Energy Conservation Ltd - overview
Location
Tianjin, -, China
Primary Industry
Power & Utilities
About
Sinoma Energy Conservation Ltd is a leading provider of engineering services and manufacturing equipment focused on renewable energy solutions and energy efficiency technologies, catering to various global markets. Sinoma Energy Conservation Ltd specializes in energy efficiency and renewable energy solutions. The company is headquartered in Tianjin, China. The firm has undergone strategic pivots but does not currently have subsidiaries or notable changes in business operations.
Qinglin Meng is the CEO. In July 2014, Sinoma Energy Conservation completed a Secondary Stock Purchase raising CNY 21. 78 mn with investment from Hidea Investment. The company has engaged in 2 deals.
Sinoma Energy Conservation Ltd offers a wide array of engineering services and manufacturing capabilities, primarily in renewable energy and energy efficiency. Their core products include advanced power generation equipment, energy storage systems, and biomass power generation solutions, serving multiple sectors such as waste heat recovery. The company's global presence includes large-scale solar projects in Saudi Arabia and Lesotho, demonstrating its commitment to clean energy solutions. In 2021, Sinoma Energy Conservation Ltd reported a revenue of CNY 455,833,886 and an EBITDA of CNY 43,060,398.
The company operates on a B2B sales model, generating income from project-based services in sectors like construction and environmental management. Contracts for engineering and equipment supply form the basis for revenue realization, particularly in large-scale projects related to biomass and waste heat recovery systems. Sinoma Energy Conservation Ltd plans to leverage its recent funding from the 2014 IPO, where it raised CNY 276. 8 mn, to enhance its product offerings and expand into new markets.
The company is working on launching innovative energy efficiency solutions and aims to penetrate additional geographical regions, focusing on markets in Asia and Africa. These strategic initiatives will be supported by its recent capital influx to bolster research and development efforts.
Current Investors
Hidea Investment
Primary Industry
Power & Utilities
Sub Industries
Waste to Energy, Waste Management, Power Generation Equipment & Services
Website
www.sinoma-ec.cn
Verticals
Clean Technology
Company Stage
Mature
Total Amount Raised
Subscriber access only
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