SDIC Power Holdings 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 | Established in 2002, State Investment Power Holdings Co., Ltd. is a Shanghai A-share listed company under State Investment Corporation (stock abbreviation: "State Investment Power", stock code: "600886"). For five consecutive years, it has won the A-level information disclosure evaluation of listed companies on the Shanghai Stock Exchange and is a leading energy industry investor and operator in China. In 2020, the company had a revenue of nearly 40 billion yuan, a total profit of approximately 12 billion yuan, and an asset liability ratio of 63.9%. In October 2020, SDIC Power issued Global Depositary Receipts (GDRs) and listed them on the London Stock Exchange, becoming the second Chinese company listed on the London Stock Exchange to receive the Green Economy Mark. Since its successful listing in 2002, the company has achieved remarkable leapfrog development and has become one of the most efficient and cost-effective comprehensive energy companies in China. It is also the third largest blue chip listed company in hydropower in China. Currently, it is promoting the construction of the "Water Wind Light Complementary Green Clean Renewable Energy Demonstration Base" based on the Tuoyalong River hydropower resources. The base has been included in the national and Sichuan "14th Five Year Plan", Strive to utilize scenic resources to create a new "Yalong River". So far, SDIC Power has more than 90 investment enterprises with about 8600 employees. Its business involves hydropower, thermal power, photovoltaic, wind power, energy storage, power sales and comprehensive energy services. Its business scope mainly includes investment, construction, operation and management of energy projects focusing on power production. Its business covers 18 provinces, cities and autonomous regions in China and 5 countries along the "the Belt and Road" and OECD. The installation structure of Guotou Electric Power is mainly based on clean energy, with a combination of water and fire, and complementary wind and solar power. The power supply structure is excellent. By the end of 2021, the company had put into operation a controlling installed capacity of 36.22 million kilowatts, including 20.77 million kilowatts of hydropower, 3.57 million kilowatts of new energy such as wind and photovoltaic, 67.3% of clean energy installed capacity, and 11.88 million kilowatts of thermal power installed capacity, mainly consisting of large capacity, high parameter, and cogeneration units. The company orderly promotes the business layout of pumped storage, electrochemical energy storage, and comprehensive energy services, and explores the coordinated development of emerging industries. State Investment Power drives the high-quality development of the company through technological innovation, and has won multiple awards such as the China Civil Engineering Zhan Tianyou Award, the National Science and Technology Progress Second Prize, the China Power Quality Engineering Award, the National Enterprise Culture Excellent Achievement Award, and the FIDIC Engineering Project Award. SDIC Power has steadily promoted the international business layout, continued to increase the holding rate of high-quality energy projects in the world, and improved the company's overseas asset allocation. It has invested in eight energy projects with greater influence in five countries along the "the Belt and Road" and the United Kingdom in the OECD region, such as the fourth largest and deepest fixed foundation offshore wind power project in the world, the British Pirris offshore wind power project, while meeting the energy needs of the host country, Show the strength and good image of overseas investment in electricity as a green energy provider. During the 14th Five Year Plan period, SDIC Power will continue to adhere to the concept of green development, focus on achieving carbon peak and carbon neutrality goals, deeply implement the overall concept of SDIC Group's "1331", vigorously explore clean energy business mainly based on new energy, continuously optimize thermal power business, and steadily expand overseas business. In addition to traditional power supply projects, we will further promote business related to energy storage, hydrogen energy, comprehensive energy, and other fields, fully implement the company's "14th Five Year Plan" development plan, and make unremitting efforts to build the company into a world-class comprehensive energy company with international competitiveness. |
| Headquarter | Beijing |
| Establish Date | 6/18/1996 |
| Listed Code | 600886.SH |
| Listed Date | 1/18/1996 |
| Chairman | Zhu Jiwei. |
| CEO | Yu Haimiao. |
| Website | www.sdicpower.com |
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