
China Guodian Corporation, established on the basis of partial assets of former State Power Corporation of China, is one of the five largest nationwide power generation groups approved by the State Council of China in the power industry restructuring. China Guodian Corporation mainly engages in the development, investment, construction, operation and management of power generation, and the sales of power (and heat). It is involved in the investment, construction, operation and management of the business relevant to its core business, such as coal, power generation equipment, new energy, transportation, high-tech, environment protection, technological services and consultancy. Besides that it is also involved in both domestic and international financing, and international trade, economic cooperation, international project contracting and international laboring service.
China Guodian Corporation owns 16 regional and provincial branch companies, 13 extra large subsidiary companies, 2 R&D institutes, nearly 200 power enterprises, covering 31 provinces (autonomous regions and municipalities) with over 110,000 employees. There are also 4 Chinese A-share listed companies, the GD Power Development Co. Ltd, Guodian Changyuan Power Development Co., Ltd, Inner Mongolia Pingzhuang Energy Resources Co .Ltd, and Ningxia Younglight Chemicals Co.Ltd, one H-share listed companies in Hongkong, China Longyuan Power Group. By the end of 2009, the total controllable installed capacity of China Guodian reached 82,030 MW, including 70,250 MW by thermal and taking 88.64% of total installed capacity, 6,376 MW by hydro (including 3.9MW tidal power) and taking 7.77%, and 5,345.2 MW by wind power and taking 6.52%, and 54MW by biomass generation and taking 0.07%. There are 44units with the single unit capacity equal or larger than 600 MW taking 39.72% of total thermal power. And the units with single unit capacity of 300MW and above take 84.41% of the total thermal power capacity. China Guodian is the largest wind power operator in Asia and No. 5 in the world. The capacity of tidal power generation ranks 3rd in the world and 1st of Asia.
The controllable coal resources of China Guodian have reached 13.2 billion tons and annual coal production over 25 million tons. Desulphurization and de-nitrogen technology has been widely applied in 25% units in China, and the plasma oil-free ignition technology with intellectual property rights was applied for more than 220,000MW in coal-fired units in China, Koran and Russia as well. The self-developed control system for power plant (DCS) has been adopted more than 800 sets, occupying more than 20% of Chinese market. By the end of 2009, the total assets reached 418.86 billion RMB Yuan (equivalent to 61 billion US Dollar).
Growing with the power industry development trend and insisting on the scientific development, China Guodian attaches more importance to development quality, emission reduction and energy saving. The percentage of larger capacity, higher parameter and clean energy units keeps increasing. China Guodian, as a central state-owned enterprise, spares no efforts to increase the asset value and fulfill the responsibility. In 2008, the new leadership lineup has set up the “HOME, PLATFORM, DREAM" corporation vision, and "STRICT, EFFICIENT, UPSTRAIGHT, HARMONIOUS" value.
Guided by the principle of "Emancipate the thoughts, Reform and Innovate, Scientific development, Build harmony" and the core task of "Re-orientation, Potential exploitation, Quality enhancement and Strive for the best", China Guodian is making great efforts to develop new energies to advance the re-orientation of the company. China Guodian also proposed the working methods of "Five Strive-for":
Developing clean coal power generation, building up energy-saving and environmental-friendly coal-fired power plant; Improving the scale and quality of hydropower plant development, increasing the renewable energy percentage; Developing new energy, such as wind power, solar energy and taking the commanding heights of new energy development; Promoting comprehensive development and utilization of the coal and establishing low carbon energy base; Developing high-tech based industry with new energy as the core, and forming emerging business groups. We devote to make China Guodian world-class comprehensive energy group and rank into World Top 500 companies as early as we can.
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