Sunshine Kaidi Sunshine Kaidi New Energy Group Co . Ltd. is a Chinese holding company . It is one of the largest bioenergy companies in China . The company is privately owned with the controlling stake belonging to Chen Yilong . Its subsidiary Kaidi Ecological and Environmental Technology Co. Ltd. in which Sunshine Kaidi owns a 29 .08% stake, is listed in the Shenzhen stock market , but the trading is suspended.History The company was formed in 1992. technology and equipment from American company Rentech . In 2015, it acquired Calgary-based plasma gasification company Alter NRG.2018 , the company has become visibly strained by its debt load with its subsidiary Kaidi Ecological and Environmental Technology Co. Ltd. defaulting on a bond.Markets The company is active in 24 Chinese provinces and Vietnam .expand to European markets with its main investment being a refinery in Kemi , Finland under its Finnish subsidiary.
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