China Guodian Corporation Overview and Operations

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China Guodian Corporation is a Chinese state-owned power conglomerate. It was established in 1993 through the merger of several smaller power companies.

The company is headquartered in Beijing, China and has operations in over 20 provinces and municipalities across the country. China Guodian Corporation is one of the largest power generation companies in the world.

China Guodian Corporation generates electricity from a variety of sources including coal, gas, and renewable energy sources such as wind and solar power.

About Corporation

China Guodian Corporation is a power producer. It's primarily focused on generating electricity for supply.

The company is engaged in the development, investment, construction, operation, and management of power plants. This involves overseeing various stages of power generation.

China Guodian Corporation is responsible for power generation for electricity supply.

For more insights, see: Xishan Coal and Electricity Power

Subsidiaries

China Guodian Corporation has a significant presence in the energy sector through its various subsidiaries. Guodian Power Development Company Limited is the Group's major thermal power subsidiary, listed on the Shanghai Stock Exchange.

Credit: youtube.com, China's major power generator China Guodian merges with coal producer Shenhua Group

The company also has a strong focus on renewable energy, with China Longyuan Power being the Group's main wind power company. This subsidiary runs the group's wind farms.

Guodian United Power is responsible for the development and manufacture of wind turbines, producing onshore wind turbines of size 1500 kW, designed by the German development company aerodyn Energiesysteme GmbH.

Here are some of China Guodian's listed subsidiaries:

  • Guodian Power Development Company Limited (SSE: 600795)
  • China Longyuan Power (SEHK 00916)
  • Guodian Changyuan Electric Power (SHE: 000966)
  • Inner Mongolia Pingzhuang Energy (SHE: 000780)
  • Ningxia Younglight Chemicals (SHE: 000635)
  • Guodian Technology & Environment Group (SEHK: 01296)

Listed Subsidiaries

China Guodian has a diverse range of subsidiaries across various sectors. One of its major thermal power subsidiaries is Guodian Power Development Company Limited, listed on the Shanghai Stock Exchange under the ticker 600795.

The group has a significant presence in the wind power industry through China Longyuan Power, which runs its wind farms. This subsidiary is listed on the Hong Kong Stock Exchange under the ticker 00916.

Guodian Changyuan Electric Power and Inner Mongolia Pingzhuang Energy are two other notable subsidiaries, both listed on the Shenzhen Stock Exchange under the tickers 000966 and 000780, respectively.

Ningxia Younglight Chemicals, listed on the Shenzhen Stock Exchange under the ticker 000635, is another subsidiary of China Guodian. Guodian Technology & Environment Group, listed on the Hong Kong Stock Exchange under the ticker 01296, is also a subsidiary of the group.

For your interest: Adidas Subsidiary Companies

Unlisted Subsidiaries

An industrial area with power plant cooling towers emitting smoke under a cloudy sky.
Credit: pexels.com, An industrial area with power plant cooling towers emitting smoke under a cloudy sky.

China Guodian Corporation has a number of subsidiaries that operate in various sectors. One of its notable subsidiaries is Guodian United Power, which focuses on the development and manufacture of wind turbines.

Guodian United Power produces onshore wind turbines of size 1500 kW, designed by the German development company aerodyn Energiesysteme GmbH.

The company is also working on new turbine designs, including 2MW, 3MW, and a 6MW offshore turbine.

China Guodian has a significant presence in the financial sector, having invested in a life insurance company and purchased a stake in a city commercial bank in Shijiazhuang.

Here is a list of some of China Guodian's key subsidiaries:

  • Guodian United Power
  • China Guodian Corporation

Business Operations

China Guodian Corporation has a significant presence in the power generation industry. It is the largest power generation company in China.

With over 100 power plants in operation, the company has a total installed capacity of over 120 GW. This makes it a major player in the country's energy sector.

The company's operations are spread across various regions in China, including the provinces of Hebei, Henan, and Shandong.

Assets

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As of June 2008, the Company's total assets amounted to 284.3 billion yuan.

At this point in time, the Company's assets were substantial, reflecting a strong foundation for its business operations.

The Company's assets were valued at 284.3 billion yuan, a significant amount that underscores the importance of effective asset management in business operations.

Cambodian Dam Project

China Guodian plans to build a hydroelectric dam in Cambodia, which would result in the flooding of almost 2,000 hectares of rainforests. This includes some forest land sacred to Buddhists in Cardamom Protected Forest.

Buddhist Monks living in the area that would be flooded have voiced their protest against the flooding, which would completely inundate their monastery.

Broaden your view: Forest Avenue Capital

Shenhua Merger Creates World's Largest Power Utility Company

The merger between China Shenhua and China Guodian Corporation will create the world's largest power utility company, National Energy Investment Corporation (NEIC), with an installed capacity of 225GW.

This massive company will surpass EDF and Enel in power capacity. NEIC will also become the largest wind power developer, with a capacity of 33GW.

Credit: youtube.com, How does China generate its energy?

Shenhua's coal-heavy capacity mix can be improved by diversifying into clean energy, which Guodian excels at. Guodian's clean energy assets account for 64% of its total profits in 2016.

The merger will also allow Shenhua to hedge against power price risks resulting from power market liberalisation. Guodian's subsidised renewable base offers a risk-mitigation strategy for Shenhua.

Shenhua's average power sales price dropped by 8.1% in 2016, while Guodian's clean energy assets generated RMB 8.4 billion in profits, making up 64% of its total profits.

The merger can fast-track Shenhua's 120GW power capacity target by 2020. Shenhua currently has 83 GW of installed capacity and is unlikely to hit the target based only on organic growth.

Guodian will also benefit from Shenhua's integrated infrastructure, including freight railway, harbours, and shipping fleet, to lower transportation costs. Shenhua has adequate cash reserves to help repay Guodian's debt and reduce its high debt level.

Information and Resources

China Guodian Corporation is a state-owned energy and power generation company based in China. It is one of the largest power generation companies in the country.

The company was founded in 1993 and is headquartered in Beijing. China Guodian Corporation has a significant presence in the global energy market.

For more information on China Guodian Corporation, you can visit their official website or check out their annual reports which are available online.

Contact Details

Countryside village and power plant juxtaposition with yellow flower field in China.
Credit: pexels.com, Countryside village and power plant juxtaposition with yellow flower field in China.

If you're trying to get in touch with the China Geological Survey's Coal Geology Department, you can find their contact details in Beijing, China.

Their office is located at 6-8 Fuchengmeng Bei Street in the Xicheng District of Beijing.

The department's phone number is +8610 58682001, and their fax number is +8610 58683900.

You can also reach out to them via email at cgdc AT cgdc.com.cn.

Their website is http://www.cgdc.com.cn/en_no_use/en_index.html.

If you're interested in learning more about coal issues or power companies and agencies in China, here are some relevant topics to explore:

  • Coal Issues
  • Power companies and agencies in China

Latest News

The largest single-site solar power project in China is the 3 GW Mengxi Lanhai Solar Plant. It's a massive facility that spans 70 square km and features over 5.9 million solar panels.

The project is expected to generate 5.7 TWh of electricity per year, which is enough to power about 2 million households. CHN Energy connected the facility to the grid after 14 months of construction.

Power Plant with Large Smokestacks
Credit: pexels.com, Power Plant with Large Smokestacks

The project was financed by China Guodian, a listed subsidiary of CHN Energy, and constructed by Power China. It was built on land previously affected by coal mining subsidence, requiring specialized construction.

The solar plant features flexible mounting systems with telescopic poles that accommodate ground shifts, ensuring optimal panel alignment. This is especially important in areas with subsidence.

The project also features robotic arms for pre-assembly, which boosts efficiency by 25%. This is a significant improvement over traditional construction methods.

Drone docking stations and smart cleaning robots are also used to maintain the plant's performance by automating inspections and panel cleaning. This helps to ensure that the plant operates at maximum capacity.

The Mengxi Lanhai Solar Plant is a key part of China’s “West-to-East Power Transmission” initiative, which aims to transmit power from western regions to coastal areas.

Rosalie O'Reilly

Writer

Rosalie O'Reilly is a skilled writer with a passion for crafting informative and engaging content. She has honed her expertise in a range of article categories, including Financial Performance Metrics, where she has established herself as a knowledgeable and reliable source. Rosalie's writing style is characterized by clarity, precision, and a deep understanding of complex topics.

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