China Resources Power

China Resources Power Holdings Co., Ltd. (abbreviated as "China Resources Power") was established in August 2001 and listed on the Main Board of the Hong Kong Stock Exchange in November 2003 (stock code 836). China Resources Power is a Hong Kong-listed company under China Resources Group and is one of the most efficient and profitable comprehensive energy companies in China, with businesses covering wind power, thermal power, photovoltaic power, hydropower, distributed energy, electricity sales and comprehensive energy services, and coal. As of the end of 2020, China Resources Power had total assets of HKD 259.63 billion, an installed capacity of 43,365 MW for its owned equity in power generation operations, and its business covered 32 provinces, autonomous regions, municipalities, and special administrative regions in China. It was selected for the 14th consecutive year in Platts Top 250 Global Energy Companies and the Forbes Global 2000, ranking 109th and 1043rd respectively. 2021 marks the beginning of the 14th Five-Year Plan. In the new year, China Resources Power aims to become a clean energy enterprise with global competitiveness, comprehensively enhancing its sustainable development capabilities in multiple dimensions, and creating a better future for all stakeholders with firm conviction and practical actions. China Resources Group, the parent company of China Resources Power, is one of the most diversified conglomerates in Hong Kong and mainland China, with a history of over 80 years. China Resources Group's businesses cover five major sectors: large consumption, big health, urban construction and operations, energy services, and technology and finance. It has 7 strategic business units, 19 first-level profit centers, 1 directly affiliated institution, and about 2,000 entities, with 371,000 employees. Among its directly affiliated enterprises, 8 are listed in Hong Kong. China Resources, with the mission of "Leading Commercial Progress and Creating a Better Life Together," continuously innovates business models, builds product and service brands, effectively promotes industrial development, and makes due contributions to improving the quality of life for the public. Currently, China Resources' retail, beer, gas, and pharmaceutical businesses rank among the top nationwide in operating scale. Its power and cement businesses perform prominently in operating results and efficiency. China Resources Land is one of the strongest comprehensive real estate developers in mainland China. Snow Beer, Cestbon Water, Vanguard, MixC, 999, Double-Crane, and Dong-E E-Jiao are nationally renowned brands. In the global top 500 ranking published by Fortune magazine in 2020, China Resources Group ranked 79th. China Resources Power Zhejiang Company is affiliated with the East China Region of China Resources Power and was established in January 2021, with businesses covering thermal power, wind power, heating, photovoltaic, electricity sales, and comprehensive energy in Zhejiang and Fujian provinces. As of March 2021, Zhejiang Company had a total investment of approximately RMB 7.4 billion in Zhejiang and Fujian provinces, with 10 operating projects, 2 projects under construction, annual revenue of RMB 3.5 billion, and profits and taxes of RMB 580 million. The operating projects are: China Resources Power (Wenzhou) Co., Ltd., China Resources Wind Power (Longyan) Co., Ltd., China Resources Wind Power (Minqing) Co., Ltd., China Resources Wind Power (Changting) Co., Ltd., Fuyao Rooftop Distributed Photovoltaic Project, Jingwei Rooftop Distributed Photovoltaic Project, Jinjiang Rooftop Distributed Photovoltaic Project, Xiaoshan Snow Beer Distributed Photovoltaic Project, Wenzhou Power Plant Ground Photovoltaic Project, and Longgang New City Heating Project. The projects under construction are: Wenzhou Cangnan No. 1 400 MW Offshore Wind Project and Wenzhou Longgang 500 MW Beach Photovoltaic-Aquaculture Complementary Project. China Resources Power Zhejiang Company's operating project: China Resources Power (Wenzhou) Co., Ltd., located in Longgang City, Wenzhou City, Zhejiang Province, was established on March 14, 2008, with registered capital of RMB 2 billion. The company fully utilizes Longgang City's abundant tidal flat resources and port advantages. Approved by the National Development and Reform Commission on December 19, 2011, it invested RMB 6.55 billion to construct 2×1000 MW ultra-supercritical coal-fired generating units. Construction officially began on March 1, 2012, and the units completed 168-hour full-load trial operation on January 24 and May 31, 2014, respectively, before officially commencing commercial operation, with desulfurization and denitrification systems put into operation simultaneously. Located in the developed southeastern coastal region, the company is a large coastal power plant encouraged by the state for its high efficiency, low consumption, and compliance with industrial policies. China Resources Power Zhejiang Company sincerely invites like-minded talents to jointly ignite dreams for the future.