China Huaneng Group Co., Ltd. is a key state-owned company established with the approval of the State Council.
With registered capital of 20 billion Yuan, the Company is mainly engaged in the following business: development, investment, construction, operation and management of power sources; production and sale of power and heat; development, investment, construction, production, and sale of businesses and products related to finance, energy transportation, renewable energy, and environmental protection; industrial investment, operation and management.
Since its inception in 1985, China Huaneng has been providing rich experience for the reform, development and technology advancement of the power industry, and has been playing an exemplary role for power companies in enhancing management level and economic benefits, and has been making great contribution in satisfying power demand for economic and social development, and in ensuring value preservation and increment of state-owned assets. The Company has adhered to the concepts of “clear direction, continuous innovation, extensive cooperation, and mutual benefits”, and has cultivated corporate culture with Huaneng characteristics, such as the “three-color” corporate mission of “a Red company serving the need of socialism, a Green company advocating technology advancement and environmental protection, a Blue company emphasizing continuous innovation and internationalization”, and the core values of “Integrity, Cooperation, Innovation, Performance-oriented, and Serving the Nation” etc.
China Huaneng is committed to building itself into a large enterprise group with international competitiveness. By the end of 2016, the Company had total installed capacity of 165GW, with assets distributed all over China and overseas. The Company is also engaged in sectors of coal, finance, technology R&D, and transportation etc. that support the core business of power. The Company was the first Chinese power producer to join the ranks of Fortune 500 Companies, ranking 217th in 2016. The 13th Five-year Plan Period is a crucial period for China to comprehensively build a moderately prosperous society and accomplish the first Centenary Goal. It is also a key period for the Companys comprehensive strength to reach world-class level. The Company will continue to hold high the great banner of Socialism with Chinese Characteristics, earnestly study General Secretary Xi Jinping’s series of important speeches and the new ideas, new thoughts and new strategies on state governance, center around the concerted endeavor to pursue economic, political, cultural, social and ecological progress and the four-pronged comprehensive strategy in a well-coordinated way, and comprehensively implement the Five Major Development Concepts of “innovation, coordination, green, openness and sharing”. The Company will conscientiously practice the “Three-color Company” corporate mission, and strive to transform development mode, and adjust industrial structure. The Company will endeavor to enhance development benefits, improve overall strength and build up world-class management, so as to make the Company stronger, better and bigger, to take the lead in joining the ranks of World-class Companies with International Competitiveness, and to make greater contributions in comprehensively building a moderately prosperous society.
English Name：China Huaneng Group Co., Ltd.
English Name for Short：CHINA HUANENG
CHNG Registered Address：No. 6, FuXingMenNei St, Xicheng District, Beijing