Chongqing Three Gorges Water Conservancy and Electric Power (Group) Co., Ltd. (hereinafter referred to as the company) originated from Wanxian Electric Power Company established by 1929. 194 1 year, the first hydropower station in Wanxian county was designed and built by Mr. Zhang Guangdou, a master of hydropower in China, which opened a new chapter in the company's development. 1994, with the approval of the Sichuan Economic System Reform Commission, the company was restructured into a joint stock limited company by private placement, and successfully listed on the Shanghai Stock Exchange on 1997, becoming the first electric power listed company in Chongqing. In 2020, Chongqing Changdian United Energy Co., Ltd. and Chongqing Liangjiang Changxing Electric Power Co., Ltd. 100% were acquired, and the overall scale benefits and synergistic development advantages initially appeared. The controlling shareholder of the company is China Changjiang Electric Power Co., Ltd., and the actual controller is the State-owned Assets Supervision and Administration Commission of the State Council.
China Three Gorges New Energy (Group) Co., Ltd. (hereinafter referred to as "Three Gorges Energy"), as the strategic implementer of the new energy business of Three Gorges Group, undertakes the historical mission of developing new energy. In recent years, Three Gorges Energy has actively developed onshore wind power and photovoltaic power generation, vigorously developed offshore wind power, further promoted the integration of source, network, load and storage and the complementary development of various energy sources, and actively carried out pumped storage and energy storage services. At the same time, the related industries with high correlation between investment and new energy business, complementary advantages and strategic coordination have basically formed a business pattern of mutual support and coordinated development of wind power, solar energy and strategic investment.