Expansion: State Grid Corporation of China, the full name of which is China State Grid Co., Ltd., is the only state-level power company in People's Republic of China (PRC) and was established with the approval of the State Council. Headquartered at No.50, Financial Street, Xicheng District, Beijing, the company is one of the largest energy enterprises in China and even in the world.
The main business of State Grid Corporation of China includes power grid planning, construction, operation and maintenance. The company has branches in 3/kloc-0 provinces, autonomous regions, municipalities directly under the Central Government and Hong Kong Special Administrative Region in China, and its business scope covers power transmission and distribution, new energy development, power market operation, power scientific research and innovation, etc. By the end of 2020, the total assets of the company exceeded 2.8 trillion yuan, the annual turnover exceeded 2.5 trillion yuan, and the total number of employees exceeded 2 million.
As a national power company, the position and influence of State Grid Corporation in China power industry can not be ignored. The company actively promotes energy revolution, upgrades clean energy, builds smart grid, promotes networked supply chain, improves power service quality, actively fulfills social responsibilities, and promotes sustainable economic and social development and environmental protection.
In recent years, State Grid Corporation of China has actively promoted the development of smart energy. In 20 19, the company successfully issued the first digital bond and built the first blockchain power trading platform in China. In addition, State Grid Corporation of China has also made great progress in new energy fields such as photovoltaic and wind power. At the same time, in the field of electric power technology, the company also actively carries out research and exploration of cutting-edge technologies, such as the application and promotion of big data, artificial intelligence and other technologies.