Datang Huayin Power Co., Ltd. (600744)

Datang Huayin Power Co., Ltd. (600744)

Datang Huayin Power Co., Ltd. is a joint stock limited company established by directional fund-raising with the approval of Hunan Provincial Commission of economic restructuring in January 1993. Its main business is power production. The company's shares were listed in September 1996. In September 2003, due to the reform of the state power system, all the shares held by Hunan Electric Power Company were transferred to China Datang Group Corporation. In July 2006, the company completed the reform of non tradable shares and further improved the corporate governance structure.

Since its establishment, the company has always adhered to the principle of paying equal attention to development and efficiency, which has made the company develop rapidly and its comprehensive strength has been continuously enhanced. The total share capital of the company has increased from 192 million shares at the time of listing to 1781124274 million shares at present. The main shareholder of the company is China Datang Group Co., Ltd. (holding 34.18%) and so on. The installed capacity of the company's equity in operation is 6151.5 MW.

Located in Central China, the company is an important strategic channel for "west to East power transmission" and "north to South Power Transmission". It provides energy products and services for the sustainable economic and social development of Hunan and the involved regions. It is the main strategic body for implementing the diversified development of power core industry to power related industry, power extension industry, high-tech industry and venture capital. The company is actively developing new power points to improve its core competitiveness and profitability.

Address: No.35, heishipu Road, Tianxin District, Changsha City, Hunan Province

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