Sichuan Energy Investment Group Co., Ltd. (hereinafter referred to as "Sichuan energy investment") was established on February 21, 2011. The company is a state-owned capital investment company approved by Sichuan Provincial People's government and registered in Sichuan Provincial Administration for Industry and commerce according to law. It is an important body for Sichuan to promote the construction of energy infrastructure and accelerate the construction of major energy projects.
Since its establishment, Sichuan energy investment company has carried out friendly cooperation with international and domestic strategic partners with the mission of "developing energy, serving the society, improving people's livelihood and promoting development", realizing the preservation and appreciation of existing assets and the development of new business. By the end of 2017, there were 288 subsidiaries of Sichuan energy investment, covering four major fields of energy, chemical industry, modern service industry and strategic emerging industry, with total assets of 118.3 billion yuan, net assets of 37 billion yuan and annual sales revenue of 41.3 billion yuan.
The energy industry has developed steadily. In terms of power grid and power construction in power free areas, there are 31 county-level power supply areas, and four regional distribution networks have been built, including southern Sichuan, Eastern Sichuan, Eastern Liangshan, Pingwu and Qingchuan. The power supply population is 18 million, accounting for 22% of the total population of Sichuan Province. In terms of hydropower, there are 173 large, medium and small hydropower stations with a total installed capacity of 9.26 million kilowatts. On the main stream of Jinsha River, it holds shares in the development of Jinsha hydropower station with a total installed capacity of 560000 kW, and shares in four giant hydropower stations, namely Xiangjiaba, Xiluodu, Baihetan and Wudongde. In terms of wind power and solar energy, it has obtained 2 million kilowatts of wind power resources and 400000 kilowatts of photovoltaic resources inside and outside the province, and has built four wind farms and one photovoltaic power station. Among them, damianshan wind farm is an agricultural wind solar complementary project in Sichuan. In terms of biomass energy, Zigong garbage power generation project and Guang'an garbage power generation project have been completed and put into operation. In terms of natural gas, Sichuan Natural Gas Investment Co., Ltd. has been set up to serve about 340000 users in more than 50 districts and counties in 14 cities and prefectures of Sichuan Province in the fields of natural gas pipeline transportation, terminal gas sales, LNG whole industry chain and comprehensive energy services. It is promoting "Sichuan gas group", "Sichuan Chongqing gas transmission loop", "one LNG logistics network in Sichuan Province", "China Tianfu smart energy" "Source sharing digital hub" and other projects. In terms of gas energy exploitation, we have participated in "Sichuan Changning Natural Gas Development Co., Ltd." and "Sichuan shale gas exploration and Development Co., Ltd." we have completed and put into operation shale gas projects, accumulated relevant experience, and carried out drilling and exploration test of Sichuan Luzhou Shibao coalbed methane project. In terms of distributed energy, we have obtained 56 distributed energy projects inside and outside the province, with a total installed capacity of 1.87 million kilowatts.
Innovation and development of chemical industry. In 2015, Sichuan provincial government transferred 100% of the property rights of Sichuan Chemical holding (Group) Co., Ltd. to Sichuan energy investment. Since then, the chemical industry of Sichuan Province has been incorporated into Sichuan energy investment. One belt, one road, is to speed up the internationalization of the traditional chemical industry, and seize the opportunity of the "one belt and one way" policy. Combined with the implementation of hydrocyanic acid and pesticide resource transfer project, the company has extended its product chain to the downstream, transformed and developed into a fine chemicals service provider with market orientation, product as carrier and customer demand solutions as the core. In the future, the emerging chemical industry will speed up its layout, strive to be cutting-edge, establish close cooperation with universities and scientific research institutes, seize the technological commanding heights and market opportunities, and form a whole industry chain development mode from R & D, production to market terminal services in the fields of new chemical materials, electronic chemicals and energy storage materials.
The modern service sector has accelerated its growth. The financial sector continues to expand to build a "full license" comprehensive financial platform. Its business scope covers nine major fields, including commercial banks, financing guarantee, fund management, equity and debt investment, financial leasing, asset management, Internet finance, small loans, and insurance sales, with the scale of financial assets under management exceeding 20 billion yuan. Tourism and health care sector, with a franchise area of more than 4000 square kilometers, has completed the business layout of "East, West, South, North and middle" in Sichuan Province, and extended to Tibet. Jiuzhai Yunding project and Luding Bridge scenic area have been opened to welcome guests; Ya'an Niubei mountain, Dazhou Tieshan and Luzhou Fubao projects have broken ground; ABA Songpan qizanggou, Panzhihua Hongge tourism and health town, Liangshan Mianning Lingshan, Yihai and other projects are in orderly progress. In the trade sector, we adhere to the market positioning of supply chain integration service providers, and set foot in the business fields of supply chain services, international trade, high-tech materials, modern logistics integrated services, information and engineering consulting services. Our business extends to more than 10 countries and regions such as Kuwait, Sweden, Southeast Asia, South Korea, Hong Kong, etc.
Strategic emerging industries are in the ascendant. In the direction of building strategic emerging industrial park, actively integrate into the national strategic layout of "made in China 2025", march into the field of new materials and new technologies, and have formed a scale in the fields of carbon fiber industry and modern lighting industry represented by exchange led. In cooperation with the power battery innovation center established by the Ministry of industry and information technology of the people's Republic of China, the core industry of power battery has been established in Qingbaijiang strategic emerging industrial park.
By 2020, Sichuan energy investment will focus on cultivating listed companies in power grid, wind power photovoltaic, distributed energy, inclusive finance, gas energy and other fields, and become a large-scale comprehensive energy enterprise with certain influence at home and abroad.