Is Guangdong Energy Group Co., Ltd. a state-owned enterprise?

Guangdong Energy Group Co., Ltd. is a state-owned enterprise. Guangdong Yuedian Asset Management Co., Ltd., the predecessor of Guangdong Energy Group Co., Ltd., is the first power generation enterprise established in China due to the separation of power plants and networks.

Brief introduction of Guangdong Energy Group Co., Ltd.:

Guangdong Energy Group Co., Ltd. was established on August 8, 20001,and was renamed Guangdong Yuedian Group Co., Ltd. in 2003. 201Feb.98 18, officially renamed as Guangdong Energy Group Co., Ltd., with the Guangdong provincial government and Huaneng Group holding 76% and 24% respectively.

After more than 20 years of reform and development, the company has deeply cultivated the energy industry and created green energy. It has grown into the strongest and largest energy enterprise in Guangdong Province, and is the main force to promote the energy transformation and build a modern energy system in Guangdong Province.

The core industries of Guangdong Energy Group involve thermal power, hydropower, wind power, solar energy, biomass energy, nuclear power and natural gas. Upstream and downstream industries involve coal mines, shipping, ports, finance and comprehensive energy services. It is spread all over Guangdong, and extends to outside the province and overseas, forming an industrial pattern with energy industry as the core and coordinated development of upstream and downstream industrial chains.