Wednesday, June 26, 2013
Sunpower Group
Sunpower Group: Awarded a Rmb130m engineering, procurement and construction (EPC) contract from Shanxi Lu'an Mining to supply flare systems for the oil-chemical-power-heat integrated project of high-sulphur coal clean utilisation. The contract is the largest by far for the group, and is expected to be delivered in 2014.
Sunpower is a China‐based heat transfer technology specialist engaged in the design, R&D and manufacture of energy‐efficient and environmental protection equipment for diverse industries.
At the last closing price of $0.167, Sunpower trades at 4.3x historical P/E and 0.5x P/B.
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