Hubei Energy Group Co.,Ltd
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Hubei Energy Group Co., Ltd. was formed in February 2005 by the merger of the former Hubei Qingjiang Hydropower Investment Company and Hubei Electric Power Development Company, and is a solely state-owned enterprise. In 2007, by introducing strategic investment from Yangtze Power, equity diversification was achieved. In 2008, a joint-stock system reform was implemented and changed to a joint-stock limited company. In 2010, it was listed as a whole (stock code: 000883). At the end of 2015, through a non-public issuance of shares, Three Gorges Group became the actual controller of the company. Hubei Energy, a provincial state-owned enterprise controlled and managed by the State owned Assets Supervision and Administration Commission of Hubei Province, was transformed into a secondary subsidiary controlled by Three Gorges Group. As an energy security guarantee platform in Hubei Province and a comprehensive energy development platform for the group company, the company has formed a "6+1" business sector of hydropower, thermal power, nuclear power, new energy, natural gas, coal, and finance. It has initially built two major power energy bases in western Hubei and eastern Hubei, and actively constructed a coal and natural gas supply guarantee network. It is the most comprehensive listed company in China's energy business. The company has put into operation a controllable installed capacity of 10.4758 million kilowatts, accounting for 17.8% of the total installed capacity in Hubei Province (excluding the installation of the Three Gorges project), and has become the largest power generation enterprise in Hubei Province except for Yangtze River Power. In recent years, the company has successively won such honorary titles as "National May Day Labor Award", "National Excellent Grass roots Party Organization", "Top 500 Service Enterprises in China", "Top 100 Enterprises in Hubei Province", "Advanced Industrial Enterprises in Hubei Province", "exemplary organization for the Reform of State owned Enterprises in Hubei Province", "Contract abiding and Credible Enterprise in Hubei Province", "Outstanding Enterprise for the 30th Anniversary of the Reform and Development of State owned Enterprises in Hubei Province", and "Best Civilized Unit in Hubei Province". In the future, the company will closely focus on the strategic idea of "based in Hubei, integrated into the Three Gorges, and comprehensive development", adhere to the strategic positioning of the Hubei Provincial Energy Security Platform and the Three Gorges Group Comprehensive Energy Development Platform, practice the corporate culture of "taking responsibility in the heart, fulfilling responsibility in the actions", adhere to scientific development, dedicate energy, and adhere to the dual drive development model of combining physical operation and capital operation, and combining connotation based development and extension based expansion, With electricity as the core, we will focus on developing clean energy such as wind power, photovoltaic power generation, hydropower, and nuclear power. We will accelerate the development of natural gas, coal storage and distribution, and heating, optimize the development of thermal power, explore the development of industries such as coal to gas, shale gas, and distribution electricity, and create sustainable value for society, shareholders, and employees!. |
| Headquarter | Wuhan |
| Establish Date | 3/9/1993 |
| Listed Code | 000883.SZ |
| Listed Date | 5/19/1998 |
| Chairman | Zhu Chengjun. |
| CEO | Tu Shan Feng. |
| Website | www.hbny.com.cn |
Buy Premium Now
$15/month billed now
View the full stack of insights immediately
Or 7 Days Free Charge for Trial
See feature available in the Trial and Premium
See our Solution and Servicetrial.solutionservice.trial
See our Uniquness and Value deliveringtrial.solutionservice.trial
