Milestones
Since the reverse takeover completion in July of 2016, IDG Energy Investment has been mainly engaged in global energy assets investment and management through direct investments
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2016/07
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2018/01
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2021/03
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2021/12
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2022/04
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Reverse takeover of "Shun Cheong Holdings Limited" (650.HK), predecessor of the Company, was completed, with HK$2.94 billion raised and previous hotel business disposed.
Upon completion, the Company has acquired the Inner Mongolia oilfield asset. -
The Company issued new shares to Foxconn and raised HK$1.49 billion. Foxconn became the 2nd largest shareholder with shareholding of approximately 24.37%.
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The Company issued new shares to Snow Lake Capital. Snow Lake Capital became the 3rd largest shareholder.
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Dr. Liu Erzhuang was appointed to lead the Company to initiate its equipment business in semiconductor and solar power industries.
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The Company has received purchase order for 2 systems of semiconductor equipment.