Is CGNPC a state-owned enterprise or a central enterprise?

CGNPC is a central enterprise. China Guangdong Nuclear Power Group (CGNPC) is a state-owned enterprise at the vice ministerial level and the only large-scale clean energy central enterprise in China, which is supervised by the State-owned Assets Supervision and Administration Commission of the State Council.

Vice-ministerial level central enterprises refer to the central enterprises directly managed by the State-owned Assets Supervision and Administration Commission of the State Council. Its corporate executives are paid according to the standard of civil servants, and most of these top leaders are appointed and removed by the Central Organization Department.

The business orientation of CGNPC

Nuclear power business is the core pillar business of the Group. It is necessary to maintain and give play to the existing advantages of the Group, and further make it full, deep and strong. The renewable energy business is an emerging growth business of the Group. We should seize new opportunities, create advantages, and be practical, good and excellent.

Other new businesses, such as new energy, nuclear technology application, energy utilization, energy efficiency services, etc., are all strategic expansion businesses of the Group. We should broaden our new ideas, explore new ways, do first, do new things and make features.

Broadly speaking, there are three types of central enterprises and financial institutions. First of all, the enterprises managed by SASAC are divided into enterprises that provide public goods, such as military industry and telecommunications.

Those who provide monopolistic products, such as petroleum, competitive products, such as general industry, construction and trade, and enterprises managed by CBRC, CIRC and CSRC all belong to the financial industry. Third, enterprises managed by other departments or mass organizations in the State Council, including tobacco, railway passenger and freight transportation, ports, airports, radio and television and other industries.