China Huadian Corporation

China Huadian Corporation (hereinafter referred to as “China Huadian”) is one of the five state-owned sole proprietorship power generation corporations which were incorporated at the end of 2002 according to then national electricity system reform. It is a mega enterprise owned by the central government and governed by the State-owned Assets Supervision and Administration Commission of the State Council and its major business includes power generation, heat generation and supply, development of primary energies related with electricity such as coal and relevant technical service. It ranked the 331th among the top 500 corporations of the world in 2016, up by 103 since its initial inclusion in the list in 2012.

By the end of 2016, CHD had a total installed capacity of 143GW, including 101,500MW of thermal power, 26,810MW of hydropower and 14,500MW of wind power and others, with clean energies accounting for 37% of the total installed capacity; and a total asset of 788.3 billion Yuan. In 2016, it achieved an electricity output of 491.9 billion kilowatt hours and sales revenue of RMB 189.3 billion. It also controls Yunnan Huadian Jinsha River Hydropower Development Co., Ltd. with a designed installed capacity of over 20,000MW and Guizhou Wujiang Hydropower Development Co., Ltd. with an installed capacity of nearly 10,000MW. It also has world’s first 1,000MW ultra supercritical air-cooled unit and the distributed energy unit of largest capacity in China. It also owns the first 10-million-ton mega coal mine ever independently developed, constructed and managed by a Chinese electric enterprise, i.e. Huadian Inner Mongolia Mengtai Buliangou Coal Mine and has constructed a number of 10-million-ton mega modern coal mines, including Longde, Xiaojiawa and Xiaojihan, and multiple mega coal terminals, including Kemen, Laizhou and Jurong piers. It also runs six financial institutions, including Capital Holding, Financial Company, Huaxin Trust, Chuancai Securities, Huaxin Insurance (insurance brokerage and insurance and public evaluation) and Huadian Lease, that manage RMB 440 billion in total. To develop its engineering technology, it owns CHEC and Guodian Nanjing Automation Company which have traditional advantages and high influence in the domestic market. It currently has 44 second-tier subsidiaries, including 7 listed companies, i.e. Huadian International, Huadian Energy, Guodian Nanjing Automation Company, Qianyuan Power, Jinshan Energy, Huadian Fuxin and Huadian Heavy Industries, and 440 third-tier subsidiaries with a total workforce of over 107,000 employees. Its assets are distributed in 32 provinces (regions and municipalities) and foreign countries,including Russia, Indonesia and Cambodia.