Founded in August 2001, China Resources Power Holding Co., Ltd. (hereinafter referred to as "China Resources Power") is the flagship Hong Kong listed company of China Resources (Group) Co., Ltd. (hereinafter referred to as "China Resources Group") and one of the most efficient and efficient comprehensive energy companies in China. Its business types involve thermal power, coal, wind power, hydropower, distributed energy, nuclear power, photovoltaic power generation and other fields.
China Resources Power was listed on the main board of the stock exchange of Hong Kong on November 12, 2003 (share number: 0836. HK). It was included in the Hang Seng Composite Industry Index (public utilities) and Hang Seng Hong Kong Chinese Enterprises Index in March 2004, and in the Morgan Stanley Capital International China index in May 2005. On June 8, 2009, it was included in the Hang Seng Index of Hong Kong and became the only Chinese power company selected into the Hang Seng Index. By the end of 2014, China Resources Power had total assets of HK $225.648 billion, investment areas covering 19 provinces, autonomous regions and municipalities directly under the central government of China, and installed capacity of power generation operation rights and interests of 31.331 million kilowatts. In 2014, for the eighth year in a row, China Resources Power was selected into the Forbes 2000 global listed companies and proctor's 250 global energy companies, and its comprehensive ranking rose to 595th and 75th respectively.
China Resources (Group) Co., Ltd. (hereinafter referred to as "China Resources" or "China Resources Group") is a diversified holding enterprise group registered and operated in Hong Kong. Its predecessor is Lianhe bank, which was established in Hong Kong in 1938. It was reorganized and renamed as China Resources Company in 1948, and its subordinate relationship was changed from the general office of the CPC Central Committee to the Ministry of trade (now the Ministry of Commerce) in 1952. In 1983, China Resources (Group) Co., Ltd. was reorganized and established. In December 1999, it was decoupled from the Ministry of foreign trade and economic cooperation and listed as the central administration. In 2003, it was directly managed by the state owned assets supervision and Administration Commission of the State Council and listed as a key state-owned enterprise.
In 1983, China Resources (Group) Co., Ltd. was established on the basis of restructuring its subordinate institutions into a company with equity as the link. Since then, the business of China Resources has shifted from general agent trade to self operation, and through a series of industrial investment, it has gradually developed into an influential enterprise group with industrialization as the core in Hong Kong and the mainland. China Resources Group has 7 strategic business units, 15 first-class profit centers, 1948 entity enterprises and more than 450000 employees. China Resources has five listed companies in Hong Kong, with China Resources Power and China Resources Land listed in the Hang Seng Index. China Resources gas and China Resources cement are listed in the Hang Seng Composite Index and Hang Seng Chinese enterprises index. China Resources Group is one of the global top 500 enterprises, ranking 115th in 2015. The operation scale of China Resources retail, China Resources beer and China Resources Gas ranked first in China. The operation performance, operation cost and operation efficiency of China Resources Power are among the best in the industry; China Resources Land is one of the most powerful comprehensive real estate developers in mainland China; snowflake beer, yibaoshui, Wanjia supermarket and Vientiane city are famous brands in China.
The core business of the group includes consumer goods (including retail, beer, food and beverage), electric power, real estate, cement, gas, medicine, finance, etc. The diversified business of China Resources has a good industrial foundation and market competitive advantage. Among them, retail, beer, electric power, real estate, gas and medicine have established a leading position in the industry. At the end of 2015, China Resources Group achieved sales revenue of RMB 472.92 billion, total profit of RMB 44.03 billion and total assets of RMB 999.48 billion.
Since the beginning of the 21st century, China Resources has made great efforts to grasp the historical opportunity of China's economic take-off and maintained a rapid growth for 15 consecutive years. On the basis of completing two times of "reengineering China Resources" in an all-round way, by the end of the 12th Five Year Plan period, the main business indicators have nearly doubled compared with 2010, which has established a solid industrial foundation, greatly enhanced the comprehensive competitive strength and made the enterprise successful It has entered a new historical stage.
In the future, China Resources Group will continue to surpass, repay shareholders and the public with better performance at a new starting point.