CHN Energy Investment Group

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CHN Energy Investment Group
Native name
国家能源投资集团有限责任公司
Company type State-owned enterprise
Industry Energy
Predecessor Shenhua Group
China Guodian Corporation
Founded2017;8 years ago (2017)
Headquarters
Beijing
,
China
Area served
China
ProductsCoal, Electrical power, transportation (rail and ocean), polyethylene, polypropylene
ServicesCoal production, transportation, Electricity generation
Revenue US$ 112.0 billion (2023) [1]
US$ 6.3 billion (2023) [1]
Total assets US$ 294.9 billion (2023) [1]
Owner Chinese central government (100%)
Number of employees
309,037 (2023) [1]
Subsidiaries National Institute of Clean-and-Low-Carbon Energy
Website ceic.com
Headquarters CHN ENERGY headquarters (20220413153205).jpg
Headquarters

CHN Energy Investment Group [2] (branded as CHN Energy) is a state-owned mining and energy company administrated by the State-owned Assets Supervision and Administration Commission of the State Council.

Contents

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. [3] [4]

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. 1 2 3 4 "China Energy Investment". Fortune Global 500. Fortune. Retrieved 2024-08-24.
  2. ↑ "Profile". www.ceic.com. Retrieved 2025-02-22.
  3. ↑ "Factbox: Shenhua and Guodian - China's latest state marriage". Reuters . 29 August 2017. Retrieved 30 August 2017.
  4. ↑ "China Is Creating the World's Largest Power Company". Bloomberg News . 28 August 2017. Retrieved 29 August 2017.
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