China Power Investment Corporation
Hanyu Pinyin | Zhōng Diàn Tóu |
in consolidated financial statement[1]
China Power Investment Corporation also known as CPI Group was one of the five largest
China Power Investment Corporation was the parent company of 4 listed companies,
It was merged with the State Nuclear Power Technology Corporation to form the State Power Investment Corporation in 2015.
History
China Power International Holding
The predecessor of China Power Investment Corporation, China Power International Holding Limited (
China Power Investment Corporation
In 2002, the State Power Corporation of China was dismantled
The new group made one of its first acquisition in July 2003, acquiring a minority stake of Companhia de Electricidade de Macau (CEM) via CPI Group's subsidiary China Power International Holding (CPI Holding). CEM was the electricity producer as well as supplied the electricity to the end user in Macau S.A.R., China.[9]
Soon after the formation of China Power Investment Corporation as the new parent company, China Power International Holding formed
In 2005 China Power Investment Holding formed "China Hong Kong Power Development", a
In 2007, CPI Group was one of the founders of State Nuclear Power Technology Corporation. At first CPI Group owned 10% stake.
In 2010, it was reported that Resourcehouse, a private company owned by Australian businessman and politician Clive Palmer, had signed an agreement to supply coal to China Power Investment Holding for 20 years. However, China Power Investment Corporation and subsidiaries had denied.[15][16] Nevertheless, the "agreement" appeared in Resourcehouse's pre-IPO prospectus.[17]
China Power Investment Corporation was merged with the State Nuclear Power Technology Corporation to form the State Power Investment Corporation in 2015.[18]
China Power Investment Corporation is involved in the development of renewable energy projects.[19]: 40–41
Corporate leadership
As of 2014[update], the deputy general manager of China Power Investment Corporation (CPI Group)
The last general manager of CPI Group was Lu Qizhou who retired after the merger, despite still served as a member of the national committee of Chinese People's Political Consultative Conference. Among the deputy general managers, Meng Zhenping (Chinese: 孟振平) was remained in the successor State Power Investment Corporation in 2015 after the merger as general manager,[22] while Li Xiaolin was re-appointed to China Datang Corporation.[23] The remaining 5 deputy general managers of CPI Group,[24] 3 of them were remained in the successor in 2015;[25] which Zou Zhengping (Chinese: 邹正平) was appointed as a director of Dongfeng Motor Corporation instead.[26]
Subsidiaries
- As of 31 December 2014
- China Power International Holding (100%)[1]: 53
- China Power Development Limited (unofficial Chinese name 中国电力发展有限公司,[20]: 107, 207 a company incorporated in the British Virgin Islands) (100%)
- China Hong Kong Power Development Company Limited (50% joint venture) - planned to supply electricity to Hong Kong. However, it was never materialized.
- Shanghai Electric Power (54.38%)[1]: 53
- Yuanda Environmental Protection, listed in Shanghai Stock Exchange, is an environmental protection company that manages waste water and gas and solid waste.
- China Power Investment Nuclear Power (100%)[1]: 53
- Shandong Nuclear Power (indirect)
- Huanghe Hydropower Development Co., Ltd. (Chinese: 黄河上游水电开发有限责任公司; lit. 'Yellow River Upper Stream Hydropower Development Co.', 'Ltd.') (94.17%)[1]: 53
Joint ventures
- As of 2014
- Hongyanhe Nuclear Power (45%)[30] – operator of Hongyanhe Nuclear Power Plant
Equity investments
- As of 31 December 2014
- China Power New Energy Development (28.16%),[21]a wind power company.
- Jilin Electric Power, listed on the Shenzhen Stock Exchange, is a power company that generates electricity including operating wind power projects in Jilin.
- Companhia de Electricidade de Macau (via China Power International Holding)[9]
- Jiangsu Nuclear Power (30%)[1]: 78 - operator of Tianwan Nuclear Power Plant
- Sanmen Nuclear Power (14%))[1]: 78 - operator of Sanmen Nuclear Power Station
- Nuclear Power Plant Qinshan Joint Venture Company (6%)[1] : 45 - operator of Qinshan Nuclear Power Plant Phase 2
- The Third Qinshan Joint Venture Company (20%)[1] : 78 - operator of Qinshan Nuclear Power Plant Phase 3
Overseas projects
The CPI in conjunction with the
References
- ^ a b c d e f g h i j k 2014年年度报告 [2014 Annual Report] (PDF) (in Chinese (China)). China Power Investment Corporation. 30 April 2015. Archived from the original (PDF) on 29 June 2018. Retrieved 29 June 2018 – via cninfo.com.cn.
- ISBN 978-962-04-2886-9.
- ^ a b 中国电力国际有限公司相关情况 (in Chinese (China)). State Power Investment Corporation. Archived from the original on 11 May 2019. Retrieved 29 June 2018.
- ^ 国务院关于组建国家电力公司的通知 (Press release) (in Chinese (China)). State Council of the People's Republic of China. 7 December 1996. Retrieved 29 June 2018 – via china.com.cn.
- ^ 电力体制改革方案 (Press release) (in Chinese (China)). State Council of the People's Republic of China. 10 February 2002. Retrieved 29 June 2018 – via the National Energy Administration website.
- ^ "Beijing to break silence on Gao Yan". South China Morning Post. 14 October 2002. Retrieved 29 June 2018.
- ^ Callick, Rowan (26 January 2017). "Top China target Gao Yan said to be hiding here". The Australian. Retrieved 29 June 2018.
- ^ 国务院关于组建中国电力投资集团公司有关问题的批复 (Press release) (in Chinese (China)). State Council of the People's Republic of China. 2 February 2003. Retrieved 29 June 2018.
- ^ a b 斥资近3亿澳元 中电国际成为澳门电力新股东. People's Daily website (in Chinese (China)). 1 August 2003. Retrieved 1 July 2018.
- ^ "List of List of Red Chip Companies". Hong Kong Exchanges and Clearing Limited. 31 May 2018. Retrieved 29 June 2018.
- ^ a b "Li Peng's daughter steals the limelight at debut party". South China Morning Post. Hong Kong. 16 October 2004. Retrieved 29 June 2018.
- ^ a b Li Weitao (2009-03-07). "China Power Investment Corp plans to list all its assets". China Daily. Retrieved 15 February 2010.
- ^ "Talk of partnership boosts HK Power". South China Morning Post. Hong Kong. 13 June 2005. Retrieved 29 June 2018.
- ^ "Final results announcement for the year ended 31 December 2007" (PDF) (Press release). Vertex Group. 20 March 2008. Retrieved 29 June 2018 – via Hong Kong Exchanges and Clearing website.
- ^ "Rocky start for the great deal of China". The Sydney Morning Herald. 10 February 2010. Retrieved 29 June 2018.
- ^ "Palmer dismisses doubts over $US60b coal deal". The Sydney Morning Herald. 10 February 2010. Retrieved 29 June 2018.
- ^ Global Offering (PDF). Resourcehouse. 30 May 2011. Retrieved 1 July 2018 – via Hong Kong Exchanges and Clearing Website.
- ^ "Chinese nuclear giant officially launched". World Nuclear Association. 16 July 2015. Retrieved 4 May 2015.
- ISBN 978-0-262-54482-5.
- ^ a b c 2014 Annual Report (PDF). China Power International Development. 27 April 2015. Retrieved 29 June 2018.
- ^ a b 2014 Annual Report (PDF). China Power New Energy Development. 21 April 2015. Retrieved 29 June 2018 – via Hong Kong Exchanges and Clearing website.
- ^ 吴桂霞, ed. (30 May 2015). 中国核电“第三极”诞生:61岁王炳华掌舵国电投. China Daily (online Chinese section) (in Chinese (China)). Retrieved 1 July 2018.
- ^ "Top power industry job for Li Xiaolin, daughter of former Chinese premier". South China Morning Post. Hong Kong. 8 July 2015. Retrieved 1 July 2018.
- ^ 集团领导 (in Chinese (China)). China Power Investment Corporation. Archived from the original on 25 December 2014. Retrieved 1 July 2018.
- ^ 国资委发布国电投新领导班子成员名单 无李小琳. 中国经济网 (in Chinese (China)). 16 June 2015. Retrieved 1 July 2018 – via NetEase.
- ^ 许刚、邹正平任东风汽车外部董事. 中国经济网 (in Chinese (China)). 2 September 2015. Retrieved 1 July 2018 – via china.com.cn.
- ^ CPI Overview Archived 2008-06-15 at the Wayback Machine
- ^ CPI Business Archived 2008-09-07 at the Wayback Machine
- ^ "Gōng sī jiǎn jiè" 公司简介 [company profile] (in Chinese (China)). Shandong Nuclear Power. Archived from the original on 16 June 2021. Retrieved 1 July 2018.
- ^ Global Offering (PDF). CGN Power. 27 November 2014. pp. 106–107. Retrieved 1 July 2018 – via Hong Kong Exchanges and Clearing website.
- ^ Libre, Ryan (1 February 2010). "Proposed dam to flood Burma, while powering China". Minn Post. Myitkyina, Burma: MinnPost.com. Archived from the original on 30 April 2011. Retrieved 2 February 2010.
External links
- Official website (now redirect to State Power Investment Corporation website)