 | This article needs additional citations for verification .(June 2018) |
| Company type | Public | ||||||
|---|---|---|---|---|---|---|---|
| SEHK: 2380 | |||||||
| Industry | Power generation | ||||||
| Founded | 24 March 2004 [1] | ||||||
| Headquarters | |||||||
Area served | China | ||||||
Key people | Tian Jun (Chairman) | ||||||
| Parent | SPIC | ||||||
| Chinese name | |||||||
| Traditional Chinese | 中國電力國際發展有限公司 | ||||||
| Simplified Chinese | 中国电力国际发展有限公司 | ||||||
| |||||||
| Abbreviation | |||||||
| Traditional Chinese | 中國電力國際發展 | ||||||
| Simplified Chinese | 中国电力国际发展 | ||||||
| |||||||
| Second abbreviation | |||||||
| Traditional Chinese | 中國電力 | ||||||
| Simplified Chinese | 中国电力 | ||||||
| |||||||
| Website | www | ||||||
China Power International Development Limited (CPID),also known as just China Power,is a Chinese electric power company incorporated in Hong Kong in 2004. The former ultimate parent company China Power Investment Corporation (CPI Group),a Chinese state-owned enterprise also has the initials "CPI" but in the case of the parent company the "I" stands for "Investment" (投资) not "International" (国际). State Power Investment Corporation (SPIC) became the new parent company of CPID after CPI Group was merged with another state-owned enterprise.
Contents
CPID is one of several Hong Kong listed subsidiaries of five national power generating groups in the Mainland China. Huadian Group,Huaneng Group,and Datang Group also have Hong Kong listed subsidiaries,in each case with the word "International" added to the title. CPID also a red chip company,a term for foreign incorporated listed company with Chinese government background in the Stock Exchange of Hong Kong (as Hong Kong had a separate jurisdiction from the Mainland). The fifth of the Big Five China power groups,Guodian Group has a listed subsidiary in Shanghai.
As of 31 May 2018 [update] ,the market capitalization of China Power International Development was HK$21.379 billion. [2]
