Is SDIC a state-owned enterprise?

SDIC is a state-owned enterprise. SDIC is a state-owned holding unit. National Development and Investment Group Co., Ltd., referred to as "SDIC", was established on May 5, 1995. It is an important state-owned backbone enterprise directly managed by the central government, the only investment holding company among the central enterprises, and the first batch of pilot units for the reform of state-owned capital investment companies. Since its establishment, National Development and Investment Group Co., Ltd. has continuously improved its development strategy and optimized its asset structure.

Advantages of SDIC

Excellent assets. Yalong River Basin is the best hydropower asset in China, and Chaoshan and Small Three Gorges are also good. The scenery has begun to take shape and is stable and profitable; Thermal power plants are mostly large units, which have competitive advantages in the same region. Development can be expected. The middle reaches of Yalong River developed steadily, and Lianghekou 202 1 was put into operation. After years of adjustment, the river basin is more reasonable in dispatching, less in abandoned water, more optimized in power structure, and the development and harvest of high-quality scenery belts are steadily advanced. The operation is stable. The annual profit is stable and the cash flow is sufficient. Subsequent development investment does not require a lot of borrowing, nor will it dilute equity.