The five major state-owned power generation companies in China all suffered serious losses. Why are power grid companies still making serious profits?

State Grid Co., Ltd. takes power grid construction and operation investment as its core business and undertakes the basic mission of ensuring safe, economical, clean and sustainable power supply. It is a super-large state-owned key enterprise related to the lifeline of the national economy and national energy security. The company's business scope covers 26? [1] provinces (autonomous regions and municipalities directly under the central government) cover more than 88% of the country's land area, with a population of over 1 1 billion.

The company has a registered capital of 829.5 billion yuan and total assets of 3,808.83 billion yuan. The company operates assets stably in the Philippines, Brazil, Portugal, Australia, Italy, Greece, China, Hongkong and other countries and regions. The company was awarded the Grade A enterprise in the performance appraisal of central enterprises for 13 years in a row, and was ranked in the Fortune Global 500 and China Top 500 enterprises 1 2 from 20 16 to 20 17 years.

Extended data:

On June 20th, 20 18, World Brand Lab released the analysis report of China 500 most valuable brands in 20 18. State Grid topped the list of the most valuable brands this year with a brand value of 406.569 billion yuan. 20 18 the number of invention patents granted in the first half of the year 1242, ranking fourth in the country. In 20 18, Fortune ranked second in the list of top 500 companies in the world. 20 18, 18 won the 5th China Industry Award on February 9th.

The company won 60 national science and technology awards, including the grand prize 1, 7 first prizes and 52 second prizes. There are 5 gold patents in China and 7 first prizes in China Standard Innovation Contribution Award. There are 73,350 patents, including invention patents 16064. The number of patents owned and invention patent applications ranked first among central enterprises for seven consecutive years.

Baidu encyclopedia-state grid co., ltd