
CHNG

CHNG
Huaneng Group has a registered capital of RMB 20 billion. Its main business is: power development, investment, construction, operation and management, power (thermal) production and sales, development, investment, construction, production, sales of industries and products related to finance, coal, transportation, new energy, environmental protection, and industrial investment, operation and management.
Since its establishment in 1985, Huaneng Group has provided rich experience in the reform, development and technological progress of the power industry in its more than 20 years of development; it has played a demonstration role in improving management level and improving economic benefits of power enterprises; it has made significant contributions to meeting the electricity demand for economic and social development and realizing the preservation and appreciation of state-owned assets. The company adheres to clear direction and scientific development, constantly innovate and maintains leadership, cooperates with multiple parties, and win-win results, and has gradually formed a "red company serving socialism with Chinese characteristics; a green company focusing on science and technology and protects the environment; a blue company that keeps pace with the times, learns and innovates, and faces the world" and the core values of "adhering to integrity, paying attention to cooperation, constantly innovates, actively enterprising, creating performance, and serving the country".
Huaneng Group Corporation is committed to building a large enterprise group with international competitiveness. As of the end of 2015, the installed capacity of the company wholly-owned and controlled power plants at home and abroad reached 160.63 million kilowatts, and the coal, finance, science and technology research and development, transportation and other industries serving the development of the main power business have begun to take shape. The company was the first among Chinese power generation companies to enter the top 500 companies in the world, ranking 224th in 2015.
The 12th Five-Year Plan period is an important period for Huaneng Group to build a world-class enterprise with international competitiveness. The company will continue to hold high the great banner of socialism with Chinese characteristics, take scientific development as the theme, accelerate the transformation of development mode as the main line, and take national energy strategy as the main line. It will adhere to the corporate mission of "three-color company", adhere to the strategic positioning of "electricity as the core, coal as the basis, financial support, science and technology leadership, and industrial collaboration, and build Huaneng into a world-class enterprise with international competitiveness". It will change the mode, adjust the structure, improve efficiency, promote development, strengthen quality, and create first-class, promote the company to become stronger, better and bigger, lead the ranks of world-class enterprises with international competitiveness, and make new and greater contributions to the comprehensive construction of a moderately prosperous society.