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China Energy Investment

From Wikipedia, the free encyclopedia

China Energy Investment Corporation
国家能源投资集团
Company typeState-owned enterprise
IndustryEnergy
PredecessorShenhua Group
China Guodian Corporation
Founded2017; 7 years ago (2017)
Headquarters
Beijing
,
China
Area served
China
ProductsCoal, Electrical power , transportation (rail and ocean), polyethylene, polypropylene
ServicesCoal production, transportation, Electricity generation
Revenue542,256,600,000 renminbi (2018) Edit this on Wikidata
OwnerChinese central government (100%)
Websitewww.ceic.com
Headquarters

China Energy Investment Corporation, more commonly known as China Energy (Chinese: 国家能源投资集团有限责任公司), is a state-owned mining and energy company administrated by the SASAC of the State Council of the People's Republic of China.

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Transcription

History

On August 28, 2017, SASAC announced that China Guodian Corporation and Shenhua Group will be jointly restructured. Shenhua Group will become China Energy Investment Corporation Limited and will absorb China Guodian Corporation. It will be the largest power company in the world by installed capacity.[1][2]

Operations

China Energy is engaged in development, investment, construction, operation and management of power plants and power generation for electricity supply in China. It also mines coal; operates railroads, ports and seaborne shipments; produces polyethylene and polypropylene; and undertakes research, development, and demonstrations activities.

References

  1. ^ "Factbox: Shenhua and Guodian - China's latest state marriage". Reuters. 29 August 2017. Retrieved 30 August 2017.
  2. ^ "China Is Creating the World's Largest Power Company". Bloomberg News. 28 August 2017. Retrieved 29 August 2017.

External links

This page was last edited on 8 April 2023, at 23:30
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.
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