Shenergy Company Limited

Shenneng Co., Ltd. was restructured from the original Shenneng electric power development company. In April 1993, the company's shares were listed on the Shanghai Stock Exchange. It is the first listed company in the power energy industry in China. As of December 31, 2014, the total share capital of the company was 4552038316 shares.

The main business of the company is investment, construction and operation management of electric power and oil and gas. The company takes "resolute development and steady operation" as its business philosophy. After more than 20 years of development, the company's industrial scale has been growing and its profitability has been growing steadily. By the end of 2014, the company's total assets were 42.479 billion yuan and net assets were 23.216 billion yuan. In 2014, the company achieved net profit of 2.061 billion yuan and earnings per share of 0.453 yuan. As of the end of the first quarter of 2015, the company's equity generator assembly capacity was 7.53 million KW. In 2014, the company completed 25.356 billion kwh of equity power generation, with an average coal consumption of 287.91 g / kWh, which is the leading level in the same industry in China. In 2014, the company produced 57400 tons of crude oil and 212 million cubic meters of natural gas; the pipeline network company supplied 7.1 billion cubic meters of natural gas.

In terms of power business, the company has invested and built power projects, which are widely distributed in coal power, gas power, hydropower, nuclear power, wind power, photovoltaic power generation and other fields. In the field of coal power, the company basically invests in more than 600000 kW units, among which the performance of Waigaoqiao No.2 Power generation unit and Waigaoqiao No.3 power generation unit is at the leading level at home and abroad in the same type of units. Waigaoqiao No.3 power generation unit won the title of the only coal power energy saving and emission reduction demonstration base in China by the National Energy Administration in October 2014. The coal consumption level of the company has been decreasing year by year, and the core competitive advantages of high parameters, large capacity and low coal consumption have been fully reflected. The company has made rapid development in the investment and construction of gas power generation projects. Four 400000 kW gas steam combined cycle units of Shenneng Lingang gas turbine have been built and put into operation. The project construction has won the "Gold Award of best gas power generation project of Asia electric power in 2012" and is in a leading position in technology in the same industry. At the same time, the company actively participated in the construction of pumped storage and nuclear power in East China, and achieved good economic and social benefits. Shanghai Shenneng New Energy Investment Co., Ltd., a wholly-owned subsidiary, is the company's new energy power generation development platform. At present, it has the right to build wind power and photovoltaic power generation projects with an installed capacity of 260200 kW. Based on long-term development, the company actively develops and constructs new projects. At present, Chongming gas power plant, Huaibei Shenwan power generation, Huadian Fengxian thermal power and other projects are under construction, and the preliminary work of Shenneng Fengxian thermal power project is steadily advancing. At the same time, the company actively implements the "going out" development strategy, and strives to promote the transformation of the company's business from regional layout to cross regional layout. On the one hand, it strengthens cooperation with central enterprises and local energy enterprises, and on the other hand, it establishes overseas project department to strive for overseas development opportunities.

In terms of oil and gas business, the company controls Shanghai oil and Gas Co., Ltd. and Shanghai Natural Gas Pipeline Network Co., Ltd. Shanghai Petroleum and natural gas company is responsible for the development and construction of Pinghu oil and gas field project in the East China Sea. At present, the annual gas supply is 200-300 million cubic meters, and the annual crude oil production is about 60000-70000 tons. Shanghai Natural Gas Pipeline Network Co., Ltd. is responsible for the construction of Shanghai high-pressure natural gas pipeline network project. The project has supplied commercial gas to Shanghai in early 2004, and the designed transportation capacity will reach 9 billion cubic meters by 2020.

In addition, the company actively extended the energy industry chain, successively established Shenneng fuel company and Jiahe shipping company, and participated in Zhongtian joint venture project, which effectively guaranteed the fuel supply and reduced the enterprise cost. The company attaches great importance to scientific and technological innovation, and has successively established Shenneng energy technology company and Shenneng investment development company. The energy technology company has signed cooperation agreements with a number of central enterprises and local energy enterprises, and has established a good reputation and image outside the system.

In the future, the company will adhere to the overall strategy of "simultaneous development of electricity and industrial capital driven by two wheels", strive to achieve the business objectives of total assets of 50-60 billion yuan, net assets of 25-30 billion yuan and annual net profit of about 1.5 billion yuan by the end of the 12th Five Year plan; achieve the industrial objectives of power equity installed capacity of 10 million kilowatts and annual equity power generation of 30-35 billion kilowatt hours; and become an economic leader in similar listed companies It is a comprehensive energy enterprise with excellent benefits, obvious core advantages and strong competitiveness.