Brief Introduction of China Power Grid and Power Group?

State Grid Corporation was established on February 29th, 2002, 65438+2002. It is an institution authorized by the State Council to make state investment and a pilot unit of state holding company. As an important state-owned backbone enterprise related to national energy security and the lifeline of national economy, the company takes power grid construction and operation investment as its core business, which provides a strong power guarantee for economic and social development. The registered capital of the company is 200 billion yuan, and its business area covers 26 provinces, autonomous regions and municipalities directly under the central government, covering more than 88% of the country's territory. The company implements the general manager responsibility system, and the general manager is the legal representative of the company. State Grid Corporation is the largest power enterprise in China, formerly known as "State Power Company", including State Grid and all power plants. After the power system reform marked by "separation of power plant and power grid" started in 2000, the power grid business such as transmission and distribution spun off from the former State Power Company was operated by State Grid Corporation, and the power plants were classified into five "power generation groups" (Datang, China Power Investment Corporation, Guodian, Huadian and Huaneng).

State Grid Corporation was established on February 29th, 2002, 12. It is an institution authorized by the State Council to make state investment and a pilot unit of state holding company. As an important state-owned backbone enterprise related to national energy security and the lifeline of national economy, the company takes power grid construction and operation investment as its core business, which provides a strong power guarantee for economic and social development. The registered capital of the company is 200 billion yuan, and its business area covers 26 provinces, autonomous regions and municipalities directly under the central government, covering more than 88% of the country's territory. The company implements the general manager responsibility system, and the general manager is the legal representative of the company.

In 2006, the company's electricity sales 1.7 1 trillion kwh, main business income of 852.9 billion yuan, total assets 1.4 1 billion yuan, and asset-liability ratio of 60.43%. In 2005, the main business income ranked 32nd among Fortune magazine's top 500 enterprises in 2006.

In 2008, the company's main business income was1150 billion yuan, the total assets were1214100 billion yuan, and the asset-liability ratio was 60.43%. In 2005, the main business income ranked 32nd among Fortune magazine's top 500 enterprises in 2006. In 2007, it ranked 29th among Fortune Global 500 companies. In 2008, it ranked 24th among Fortune Global 500 companies. Rank of the world's top 500 in 2009 15. Ranked third in "Top 500 Chinese Enterprises". State Grid Corporation currently has 1508000 employees. China's National Development and Reform Commission announced that overseas investors would be allowed to invest in China's power transmission network, thus ending the history of China's state-owned enterprises monopolizing China's power grid. According to the latest World Energy Outlook report released by the International Energy Agency, from now until 2030, China needs to invest a total of 1.5 1 trillion dollars in its power grid. However, the new policy prohibits foreign investors from holding majority shares in power grid joint ventures, indicating that the China government still intends to maintain control of the State Grid.