According to the enterprise data, China Southern Power Grid Corporation was formally established on February 29th, 2002 according to the power system reform plan of the State Council. The company is managed by the central government, and the State-owned Assets Supervision and Administration Commission of the State Council performs the responsibilities of investor.
The company is responsible for the investment, construction and management of the southern regional power grid, participates in the investment, construction and operation of related trans-regional power transmission and networking projects, and provides power supply service guarantee for Guangdong, Guangxi, Yunnan, Guizhou, Hainan, Hong Kong and Macao; Engaged in power purchase and sale business, responsible for power trading and dispatching; Engaged in domestic and overseas investment and financing business; Independent development of foreign trade circulation management, international cooperation, foreign project contracting and foreign labor cooperation.
There are 20 functional departments under the company's headquarters, such as the office and the general dispatch (directly affiliated institutions) of the Southern Power Grid. Manage four branches of Wang Nan EHV Company, Wang Nan Party School, Wang Nanjing Branch and Wang Nan * * * Le Operation Company; Guangdong-Guangxi-Yunnan-Guizhou Power Grid Company, Shenzhen Power Supply Bureau, Wang Nan Industrial Investment Group, Dingyuan Assets Company, Wang Nan Capital Holding Company, Wang Nan International Company, Wang Nan Digital Group, Wang Nan Supply Chain Group and Wang Nan Energy Institute 13 wholly-owned subsidiaries; Wang Nan Energy Storage Company, Wang Nan Energy Company, Wang Nan Finance Company, Dinghe Insurance Company, Wang Nan Yunnan International Company, Wang Nan Research Institute, Guangzhou Electric Power Trading Center, Wang Nan Media Company and Wang Nanjing Research Institute are nine holding subsidiaries. The total number of employees is nearly 279,000.
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