China New Energy Ltd. is an investment holding company, which engages in the provision of ethanol production system technology integrated service in the ethanol fuel and alcoholic beverage industries. It offers plant design and construction, energy management conservation, yeast and waste management, and research and development of biofuel. It operates through the following geographical segments: People's Republic of China, Myanmar, Russia, Indonesia, and Other Countries. The company was founded on May 2, 2006 and is headquartered in Guangzhou, China.