Profile of China Resources Power Company
China Resources Power Holding Co., Ltd. (hereinafter referred to as "China Resources Power") was established in August 2001 and listed on the main board of the Stock Exchange of Hong Kong in November 2003 (stock code: 0836. HK). China Resources Power is a Hong Kong listed company under China Resources (Group) Co., Ltd. (hereinafter referred to as "China Resources Group"). It is one of the most efficient and cost-effective integrated energy companies in China. Its business involves wind power, thermal power, hydropower, photovoltaic power generation, distributed energy, power sales and smart energy, coal and other fields.
By the end of 2018, China Resources Power had a total asset of HK $208.223 billion, an equity installed capacity of 37438MW for power generation operations, and its business covers 30 provinces, autonomous regions, municipalities directly under the Central Government and special administrative regions in China. It was listed in the "Top 250 Global Energy Enterprises of Platts Energy Information" and the "Top 2000 Global Listed Companies of Forbes" for the 12th consecutive year, ranking 131 and 977 respectively.
China Resources Power Northern Region (hereinafter referred to as "Northern Region") is a regional management company with the largest management territory established by China Resources Power Holding Co., Ltd. by giving play to its business management advantages, innovating business models and development ideas, implementing organizational reform, with investment areas covering Shanxi Province, Inner Mongolia Autonomous Region, Ningxia Hui Autonomous Region, Xinjiang Uygur Autonomous Region, and business types involving thermal power Wind power, photovoltaic, coal and other fields. It spans about 4100 kilometers from east to west, 2200 kilometers from south to north, and covers a total area of 3.066 million square kilometers, accounting for 31% of the total land area. It has six regional departments, one Xinjiang Development Center, six regional companies, and three power sales companies.
As of August 2021, the total assets of the region are 35.507 billion yuan, and the total installed power generation capacity of the region is 6.2924 million kilowatts. Among them, 2.62 million kilowatts are thermal power, 3.0824 million kilowatts are wind power, and 590000 kilowatts are photovoltaic. New energy accounts for 58.36%. Among them, the grid connected installed capacity of the region is 5.1914 million kilowatts; The installed capacity is 1.1 million kilowatts (including 400000 kilowatts of new energy and 700000 kilowatts of thermal power), and a coal mine with an annual output of 8 million tons is under construction.
2021 is the first year of the "14th Five Year Plan". China Resources Power Northern Region will make every effort to build an entrepreneurial company, match entrepreneurial organizations, select entrepreneurial talents, explore entrepreneurial mechanisms, shape entrepreneurial culture, combine the actual development characteristics of each region, innovate business models, innovative project development methods, and stand out in resource acquisition and investment development. Improve the steady and lasting core competitiveness of the region, and go together to "become a global enterprise trusted and loved by the public".
China Resources Group, the parent company of China Resources Power, is a diversified holding enterprise group registered and operated in Hong Kong, with a history of more than 80 years. The business of China Resources Group covers five major business areas, namely, big consumption, big health, urban construction and operation, energy services, technology and finance. It has seven strategic business units, 19 first level profit centers, about 2000 physical enterprises, and 420000 employees. There are 7 directly affiliated enterprises listed in Hong Kong. With the mission of "leading commercial progress and creating a better life together", China Resources has effectively promoted industrial development and made due contributions to improving the quality of life of the public by constantly innovating business models and creating product and service brands. At present, the business scale of retail, beer and gas of China Resources ranks first in China. The operation performance and efficiency of power and cement business are outstanding in the industry. China Resources Land is one of the most powerful comprehensive real estate developers in mainland China. The sales scale of medicine is in the forefront of the country. Snow Beer, Ipoh Water, China Resources Wanjia, MIXC, 999, Shuanghe, Dong'e Ejiao, etc. are well-known brands in China. In the 2019 Fortune Global 500 ranking, China Resources Group ranked 80.