Nan Nan Resources Enterprise Limited (1229.HK)

0.164 -0.001 (-0.61%) At close: 02:15PM HKT

Nan Nan Resources Enterprise Limited

Admiralty Centre
11th Floor, Tower 2 18 Harcourt Road
Admiralty
Hong Kong
852 3845 5790
https://www.nannanlisted.com

Sector(s): Energy
Industry: Thermal Coal
Full-time employees: 142

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Man Fai Kwan	Executive Chairman & MD	2.53M	N/A	1969
Mr. Sze Wai Wong	Executive Director	2.07M	N/A	1983
Mr. Chun Fung Li	Executive Director & Company Secretary	1M	N/A	1982
Mr. Wai Lung Lee	Chief Accountant	N/A	N/A	1976

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Nan Nan Resources Enterprise Limited, an investment holding company, mines and sells coal in the Mainland China, Hong Kong, Singapore, the United Kingdom, and Malaysia. The company operates through three segments: Coal Mining Business, Renewable Energy Business, and IT Services Business. It owns mining right in the Kaiyuan Open Pit Coal Mine and an exploration right in the Zexu Open Pit Coal Mine in Xinjiang. The company provides renewable energy solutions and solar farm development services. In addition, it provides information technology outsourcing, consultancy, and technical services, as well as sells IT hardware products. The company was formerly known as International Resources Enterprise Limited and changed its name to Nan Nan Resources Enterprise Limited in September 2011. The company was incorporated in 1995 and is headquartered in Admiralty, Hong Kong. Nan Nan Resources Enterprise Limited operates as a subsidiary of Ascent Goal Investments Limited.

Corporate governance

Nan Nan Resources Enterprise Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.