Huaneng Group
China Huaneng Group Co., Ltd., abbreviated as CHNG or Huaneng Group, is one of the five largest state-owned electricity generation enterprises in China, administrated by the State Council. It engages in the investment, construction, operation and management of power generation assets and the production and sale of electricity. In 2012, the company was ranked 246th on the ''Fortune'' 500 list. History China Huaneng Group Corporation was founded in 1989 as the holding company for a series of companies of that under the supervision of of the State Council of China, including Huaneng Coal Corporation and Huaneng International Power Development Corporation, etc. The group was part of a project that replacing oil fired power plant to coal power plant (). In 1993, the corporation was under the dual supervision of the and the State Planning Committee. In 1995, Huaneng Coal Corporation became a separate state-owned enterprise group that under the provisional supervision of the Sta ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Xicheng District, Beijing
Xicheng District () is a district of Beijing. Xicheng District spans , covering the western half of the old city (largely inside the 2nd Ring Road - the eastern half is Dongcheng District), and has 706,691 inhabitants (2000 Census). Its postal code is 100032. Xicheng is subdivided into 15 subdistricts of the city proper of Beijing. The former Xuanwu District was merged into Xicheng in July 2010. The Xidan commercial district, Beijing Financial Street (Jinrongjie), Beihai Park, Jingshan Park, Shichahai and Zhongnanhai are within its jurisdiction. The popular Houhai bar area is also in Xicheng Precinct. Before the 1911 Revolution, most royalty and aristocrats resided in the precinct. The oldest Catholic church in Beijing, the Cathedral of the Immaculate Conception is located in Xicheng. Administrative divisions There are 15 subdistricts in the district: Economy COSCO has its headquarters in the Ocean Plaza building in Xicheng. The Xinhua News Agency has its headquarters i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Electricity Market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology. A restructuring of electric power industry at the turn of the 21st century involved replacing the vertically integrated and tightly regulated "traditional" electricity market with multiple competitive markets for electricity generation, transmission, distribution, and retailing. The traditional and competitive market approaches loosely correspond to two visions of industry: the deregulation was transforming electricity from a public service (like sewerage) into a tradable good (like crude oil). As of 2020s, the traditional markets are still common in some regions, including large parts of the United Stat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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American Depositary Share
An American depositary receipt (ADR, and sometimes spelled ''depository'') is a Negotiable instrument, negotiable security that represents securities of a foreign company and allows that company's shares to trade in the U.S. financial markets. Shares of many non-U.S. companies trade on U.S. stock exchanges through ADRs, which are denominated and pay dividends in U.S. dollars, and may be traded like regular shares of stock. ADRs are also traded during U.S. List of stock exchange opening times, trading hours, through U.S. broker-dealers. ADRs simplify investing in foreign securities because the depositary bank "manage[s] all custody, currency and local taxes issues". The first ADR was introduced by J.P. Morgan in 1927 for the British retailer Selfridges on the New York Curb Exchange, the American Stock Exchange's precursor. They are the U.S. equivalent of a global depository receipt (GDR). Securities of a foreign company that are represented by an ADR are called American deposita ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shandong Huaneng Power Development
Shandong ( , ; ; alternately romanized as Shantung) is a coastal province of the People's Republic of China and is part of the East China region. Shandong has played a major role in Chinese history since the beginning of Chinese civilization along the lower reaches of the Yellow River. It has served as a pivotal cultural and religious center for Taoism, Chinese Buddhism and Confucianism. Shandong's Mount Tai is the most revered mountain of Taoism and a site with one of the longest histories of continuous religious worship in the world. The Buddhist temples in the mountains to the south of the provincial capital of Jinan were once among the foremost Buddhist sites in China. The city of Qufu is the birthplace of Confucius and was later established as the center of Confucianism. Confucianism developed from what was later called the Hundred Schools of Thought from the teachings of the Chinese philosopher Confucius. Shandong's location at the intersection of ancient and modern no ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gao Yan (politician)
Gao Yan (born 1942) is a Chinese former politician. He served as the Governor of Jilin and the Communist Party Secretary of Yunnan and was a member of the Central Committee of the Chinese Communist Party. He reportedly fled the country in 2002 amidst investigations into corruption as the leader of the State Power Corporation of China. Early life Gao was born in 1942, in Fuyu County, Jilin. His family came from Hebei Province. He was admitted to the Changchun Power School, a polytechnic school, training as an engineer. Gao graduated early in 1962. He joined the Communist Party of China (CPC) in June 1965, after serving as a technician, supervisor, and secretary in the Communist Youth League. Career Gao worked at the Jilin Provincial Electricity Bureau from 1975 to 1988, after which he became vice-governor of the province for the CPC. He served as Governor of Jilin from March 1992 to 1995 and was a member of the 14th and 15th Central Committees of the Chinese Communist Pa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Power Investment Corporation
China Power Investment Corporation also known as CPI Group was one of the five largest state-owned electricity producers in mainland China. It was administrated by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. It was engaged in development, investment, construction, operation, and management of power plants and power generation in twenty-seven Chinese provinces. It supplies approximately ten percent of the country's electricity. China Power Investment Corporation was the parent company of 4 listed companies, China Power International Development, China Power New Energy Development (later became joint-significant shareholder, after China Three Gorges Corporation acquired the share of that company), Shanghai Electric Power and Yuanda Environmental Protection. The group also significantly owned Jilin Electric Power. It was merged with the State Nuclear Power Technology Corporation to form the State Power Investment Corporation in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Guodian Corporation
China Guodian Corporation (Guodian; ) is one of the five largest power producers in China, administrated by SASAC for the State Council. It is engaged in development, investment, construction, operation and management of power plants and power generation for electricity supply in Northern China, Northeast China, Central China, East China. Sichuan and Chongqing, Shandong, Yunnan, Guizhou, Guangxi, and Xinjiang, as well as in Burma. Installed capacity of company power plants is exceeding 100,000 MWe. 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 and will absorb China Guodian Corporation. Subsidiaries A summary of the corporate structure may be found on page 4 of the document. Listed subsidiaries * Guodian Power Development Company Limited (SSE: 600795), which is listed on the Shanghai Stock Exchange, is the Group's major thermal power subsidiary. * Chi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Datang Corporation
China Datang Corporation (CDT) is one of the five large-scale power generation enterprises in China, established on the basis of former State Power Corporation of China in 2002. It is a solely state-owned enterprise directly managed by the SASAC and is the experimental state-authorized investment and state shareholding enterprise ratified by the State Council. Subsidiaries * Datang International Power Generation Company (大唐国际发电股份) is a core subsidiary company with approximately one third of the Group's thermal installed capacity. * was listed on the Hong Kong Stock exchange in December 2010. ...
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China Huadian
China Huadian Corporation (Huadian Group; ) is one of the five largest state-owned power generation enterprises in China, administrated by SASAC for the State Council. It engages in the generation and supply of electricity and heat, and the development of power-related primary energy. It produces about 10% of China's power along with Huaneng Group, Datang Group, SPIC and China Energy. Subsidiaries * Huadian Power International Huadian Power International Corporation, formerly Shandong International Power Development Company Limited, is the largest power producer in Shandong Province, China, and is the Hong Kong listed subsidiary of China Huadian, one of the five larg ... (华电国际电力股份有限公司) (SEHK: 1071, SSE: 600027, A share), which is listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange, is the Group's major subsidiary company. It operates thermal powers stations in China. * Huadian Energy is an electric power subsidiary based in Ha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Southern Power Grid
China Southern Power Grid Company Limited (CSG; ) is one of the two Chinese state-owned enterprises established in 2002 according to the precept to reform the power system promulgated by the State Council, the other being State Grid Corporation of China. It takes charges of participating in the investment, construction and management of power transmission, transformation and distribution covering China's five southern provinces of Guangdong, Guangxi, Yunnan, Guizhou and Hainan, while power generation is done by five other power generation groups. The company is headquartered in Guangzhou, Guangdong. Organizational structure China Southern Power Grid is organized in the following structure. Administrative Departments *General Office *Strategy and Policy Department *Procurement Department CAPEX *Planning and Development Department *Marketing and Trading Department *Human Resource Department *Finance Department *Operation and Technology Department *Safety Supervision Depa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State Grid Corporation Of China
The State Grid Corporation of China (SGCC), commonly known as the State Grid, is a Chinese state-owned electric utility corporation. It is the largest utility company in the world, and as of 2022, the world's third largest company overall by revenue, behind Walmart and Amazon. In 2022 it was reported as having 871,145 employees, 1.1 billion customers and revenue equivalent to US$460 billion. After the electricity Plant-Grid Separation reform in early 2002, the assets of State Electric Power Corporation () were divided into five power generation groups that retained the power plants and five regional subsidiaries belonging to the State Grid Corporation of China in Beijing. History China began an initiative to reform the country's power sector in a three-stage process in 1986. In the third and final stage in March 2002 the State Council of the People's Republic of China put into effect a plan to restructure the country's electric power system in order to create competition and se ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |