SINOENERGY HOLDING LIMITED.ppt

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1、,2,Safe Harbor Statement,This presentation contains forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.Such statements involve known and unknown risks,uncertainties and other factors that could cause the actual results

2、of the Company to differ materially from the results expressed or implied by such statements,including changes from anticipated levels of sales,future national or regional economic and competitive conditions,changes in relationships with customers,access to capital,difficulties in developing and mar

3、keting new products,marketing existing products,customer acceptance of existing and new products,and other factors.Accordingly,although the Company believes that the expectations reflected in such forward-looking statements are reasonable,there can be no assurance that such expectations will prove t

4、o be correct.The Company has no obligation to update the forward-looking information contained in this presentation.,Equity Snapshot,Source:Yahoo Finance,Company SEC Filings,OTC BB Symbol:SNENPrice(11/23/2007):$3.45Shares outstanding:31.41 mil Market Capitalization(11/23/2007):$108 milEPS-fully dilu

5、ted shares(ttm to 06/30/07):25 centsAverage daily trading volume(11/23/2007)188K shares,3,1956:Founded in 1956 under the name Qingdao General Machinery Factory.,2004:Qingdao General Machinery privatized and registered as Sinogas General Machinery Limited Corporation(Sinogas),which owns property of 6

6、59,000 sq ft land and 300,000 sq ft office&plant in central of Qingdao city,June 2006:Consummated a reverse merger in the OTC market,Feb.2007:Started trading in the U.S.capital market under ticker symbol:SNEN,Key Accomplishments,August 2006 to March 2007:Established three subsidiaries-Wuhan Sinoener

7、gy Gas Ltd.Pingdingshan Sinoenergy Gas Ltd,and Hubei Gather Energy Gas Co.,Ltd.-licensed to operate CNG stations,with Sinoenergy as 90%,90%and 55%equity owner respectively,March 2007:Acquired 70%of equity of Jiaxing Lixun Automotive Electronic Co.,Ltd.,July 2007:Acquired 45%equity of Anhui Gather En

8、ergy,Nov.2007:Complete 70%equity acquisition,in turn own 100%Xuancheng Sinoenergy Vehicle Gas Co.Ltd,4,5,Investment Highlights,Government supporting to promote clean energy Two years income tax 100%exemption,three years 50%exemption,after preference ends income tax rate will be just 15%NDRC notice r

9、equests CNG whole sale price for vehicle using keep stable while provincial municipalities should increase local CNG retail prices so that they fall between 60%and 75%of the local price for 90 octane gasoline.Secure Natural Gas Resources Sinoenergy has secured 500 million cubic meters CNG deposit wi

10、th Sinopec,and Petro-China to support our future 120 CNG stationsValuable Company Owned Real EstateA CNG down-stream industrial chain Integrate matured CNG facilities manufacturing business with new emerged CNG vehicle retail business as well as CNG vehicle conversion kit manufacturing and selling b

11、usiness,which builds up a platform of diversified revenueExperienced management team with significant industry expertise,Major Business Lines,Legacy business 50 years manufacturing experience in designing and manufacturing non-standard Pressure Containers,holding A1,A1 licenses issued by central gov

12、ernment Over ten years experience in CNG facilities and equipment manufacturing,being issued C2 and C3 licenses for truck trailer manufacturing by central government.,Newly developed business Expanded position in the CNG vehicle conversion-kit market by acquiring 70%equity of Lixun,a leading designe

13、r and manufacturer conversion kit electronic parts Leveraging experience in CNG facility manufacturing and building CNG stations,entered into CNG wholesale and vehicle retail business,6,Serving taxis,buses and fleet vehicles under strong government support for CNG vehicle adoption2 filling stations

14、open in in Wuhan City and 1 station opens in Xuancheng City22 CNG filling stations are under construction in Wuhan,Xuancheng and Pingdingshan,New Business-CNG Retail,Goal to build around 100 and operate around 60 CNG retail substations in five cities across China by end of 2009 targeting bus and tax

15、i fleet operators,7,Public Bus Fuel CostAverage 200 Kilometers per Day(USD),Taxi Fuel CostAverage 400 kilometers per Day(USD),Economic Advantages,8,Key Market Statistics for Wuhan City,Wuhan has more than 20,000 taxis and 6,292 buses including 667 CNG-burned buses and 1,321 dual-fuel(CNG/LPG and Gas

16、oline)taxis supplied by 9 CNG filing stations.According to Wuhan municipals government planning,2007 and 2008 will be the startup phase of Wuhans CNG vehicle development.One CNG processing plant,one mother station and 30 CNG stations expected to be built in Wuhan by the end of 2008-goal to operate 5

17、0 to 60 CNG filing stations in the three years to 2009.Wuhan also plans to transform all taxis and buses into CNG-burning vehicles by end of 2008.First two CNG filling stations in Wuhan built by Sinoenergy opened in September.,9,Secure Natural Gas Supply,Secured 400 million cubic meters natural gas

18、quota from Sinopecs under-construction Puguang main pipeline Secured 100 million cubic meters natural gas quota from Petro Chinas main pipe line and mother station,10,CNG Filling Station Project Analysis,Assumptions:Under full operating capacity,average sales for one CNG substation is 10,000 cubic m

19、eters per dayApprox 9 months for new stations to reach target utilizationAssumed tax rate of 15%(expect to be granted 100%tax exemptions in the first two years)Revenue per station under full capacity of$1.3 to$1.5 million annually with operating income of$350K to$450K and net income of$250K to$300K

20、Cost for one CNG filling station is about$800,000ROI is about 3.5 years,11,CNG Filling Station Contribution,12,New Business-CNG Wholesale,Plan to build 4 large CNG processing plants in Anhui Province and Hubei Province through Hubei Gather(55%subsidiary)and Anhui Gather(45%subsidiary)Expected to beg

21、in operation in late 2008 or early 2009Under full capacity,four plants can process 400 million cubic meters of natural gas per yearThese plants are expected to generate revenues of approximately$100 to$120 million and net income of$20 million If all processed natural gas is used in CNG filling stati

22、ons,four plants can supply compressed natural gas to 100 to 120 CNG retail filing stations,13,Experienced Management Team,Mr.Tianzhou Deng,Chairman Mr.Deng has worked in the natural gas industry in China for almost 20 yearsChairman of Beijing Sanhuan Technology Development Co.,Ltd.from 1999 to 2005P

23、resident and Director of Natural Gas Vehicle Development Center,CNPC from 1997 to 1999President and Chief Engineer of Jianghan Chemical Co.,Ltd.,CNPC from 1992 to 1997Engineer and project manager of Jianghan Petroleum Designing Academy from 1982 to 1992Master of Management,China Science Bachelor of

24、Science in Chemistry,University of Petroleum,ChinaMr.Deng has worked as a scientist on clean energy research for his entire careerMr.Bo Huang,CEO and PresidentChairman and General Manager of Qingdao Sinogas from 2005 to presentPresident of Beijing Sanhuan Technology Development Company Ltd.from 2001

25、 to 2005Investment Consulting Manager and Vice President of Chencheng Group Company from 1997 to 2001Manager of China Huaneng Group from 1993 to 1996 Bachelor Degree in Economics from the Peoples University of ChinaMs.Qiong(Laby)Wu,CFOSenior auditor at Ernst&Young,Beijing,from February 2004 to June

26、2006,audit in charge of Federal Express China and Lucent China,and directed the IPOs of Shanghai Electric and Air China on the Hong Kong ExchangeConsultant of accounting and taxation and partner assistant at HLB,Beijing Yongtuo CPA from 2001 to 2004Material engineer at China Building Material Academ

27、y/Accountant at Beijing Trend Co.from 1996 to 2001Master of Professional Accountant,and Bachelor in accounting from Deakin University,AustraliaCPA Australia,14,Summary Income Statement,Quarter Ended Quarter Ended Year ended Year ended June 30 June 30 Dec.31 Dec.31($in thousands)2007 2006 2006 2005 R

28、evenues$6,181+82.7%$3,383$12,393$8,236Gross Profit 3,209+167.7%1,199 6,484 4,415Gross Margin 51.9%35.4%52%54%Operating Income 2,216+279.5%584 4,195 3,719Operating Margin 35.9%17.3%33.8%45.1%Net income$1,946+1320%$137$3,447$2,460 Earnings Per Share-diluted$0.07$0.01$0.18$0.17Weighted average diluted

29、shares 29.16Mil 14.37Mil 19.29Mil 14.22Mil,Source:Companys SEC filings,15,Operating Income($in millions),Growing Revenues and Profits,CAGR=78%,Revenues($in millions),CAGR=59%,16,Capitalization Summary,$16M HY 5 Year Senior Secured 12%Notes$14M CB 5 Year Convertible Notes:Carries 3%Interest Initial C

30、onversion price of$3.17,17,Summary,Multi-year growth opportunity in natural gas equipment and conversion kit manufacturingRecurring revenue stream from owned and operated CNG filling station business Profitable and rapidly growing with a diversified revenue base Secure natural gas supplyExperienced management team with significant industry expertise,18,Contact Information:Laby WuCFO&Vice PresidentSinoenergy Corporation Tel:+86-10-84928149Email:Crocker CoulsonPresident CCG Elite Investor RelationsTel:+1-646-213-1915Email:,Thank You,19,

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