History
Background

China New Energy Limited was incorporated in Jersey and acts as an off shore investment holding company being the sole shareholder of the Group’s principal trading entity ZKTY, a wholly foreign owned enterprise incorporated in the PRC.

The origins of ZKTY’s activities date back to 2002, with the formation of Guangdong Zhongke Tianyuan Regeneration Resources Engineering Co., Ltd (“GZTY Regeneration Resources”), which was formed as a result of a spin-out from Guangzhou Institution of Energy Conversion ("GIEC"), Chinese Academy of Scicences. Certain of the Directors and GIEC CAS,through an investment holding company, were founding shareholders of GZTY Regeneration Resources.

In 2004, Guangzhou Baojie Electromechanical Co., Ltd. (“Guangzhou Baojie”) was founded by certain of the Directors and others, to focus on the production and supply of equipment and provision of production technology and technical services to produce ethanol downstream products, including acetic acid and ethane.

In 2006 ZKTY acquired certain assets, including customer contracts, from Guangzhou Baojie and GZTY Regeneration Resources, which enabled the establishment of ZKTY’s operations.

In October 2010, ZKTY acquired Guangdong Boluo Jiuneng High Technology Engineering Co., Ltd.(“Boluo”), a company incorporated in the PRC. Boluo fabricates and manufactures equipment in accordance with project requirements and designs, and provides its services exclusively to ZKTY.

The Group also provides services including:

· energy management
· yeast management
· waste management
· R&D

Milestone

2002


 Predecessor company formed and secured its first major contract

2003

Awarded the first in a series of contracts by Jilin Meihekou Foukang Alcohol Co., Ltd to increase its production of edible ethanol by 35,000 tonnes per year.

2006

CNE Group of Companies officially incorporated. ZKTY secured its first contract in Europe to provide design and construction services for the production of a 80,000 tonnes per year fuel ethanol plant in Romania.

2007

ZKTY was awarded ISO 9001:2000 certification. ZKTY secured contracts with further international clients, including the Blagoveshchensk Alcohol Plant in Russia and clients in Taiwan and Thailand.

2008

Secured a contract with Indonesia Fuel Ethanol Co. Limited.

2009

ISO9001:2000 and CE  accreditation

2011

1.  Listed on AIM, LSE
2.  Secured Thail Ubon Project in Northern Thailand
3.  Technology and engineering solution provider to Jilin Alcohol Industry Co. Ltd.

2012

Fully Integrated Business Offering