Xinchen China Power Holdings Ltd 2020 AR2
The report highlights Xinchen China Power Holdings Limited's performance and sustainability initiatives for the fiscal year 2020. Amidst the challenges of the COVID-19 pandemic and a declining automobile market, the company recorded a total sales of RMB1,711.96 million, representing a 17.54% decrease compared to 2019. Despite the downturn, crankshaft sales increased by 29.17% due to strong demand from BMW Brilliance Automotive. The company continued to focus on environmental protection, upgrading its Prince Engines to meet China VI(a) emission standards and developing hybrid engines for new energy vehicles. Additionally, the company achieved its occupational health and safety goals of zero critical workplace injuries and zero occupational diseases.
Company: Xinchen China Power Holdings Ltd
Sector: Consumer Discretionary
Country: Hong Kong
Year: 2020
Type: AR2
Pages: 138
Xinchen China Power Holdings Ltd
Annual Report
The report highlights Xinchen China Power Holdings Limited's performance and sustainability initiatives for the fiscal year 2020. Amidst the challenges of the COVID-19 pandemic and a declining automobile market, the company recorded a total sales of RMB1,711.96 million, representing a 17.54% decrease compared to 2019. Despite the downturn, crankshaft sales increased by 29.17% due to strong demand from BMW Brilliance Automotive. The company continued to focus on environmental protection, upgrading its Prince Engines to meet China VI(a) emission standards and developing hybrid engines for new energy vehicles. Additionally, the company achieved its occupational health and safety goals of zero critical workplace injuries and zero occupational diseases.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees