China Energy

With the approval of the CPC Central Committee and the State Council, China Energy Investment Corporation (China Energy) was formally established on Nov 28, 2017, following the merger of China Guodian Corporation and Shenhua Group, both Fortune Global 500 companies.

Ranking 101st among the Fortune Global 500 in 2018, the company is a keyState-owned enterprise directly under the central government and a pilot enterprise for the reform of companies invested by State-owned capital.

Operating in eight business segments including coal, thermal power, new energy, hydropower, transportation, chemical industry, environmental technology, and finance, China Energy is the world’s largest producer of coal, thermal power, wind power, coal-to-liquid fuels, and coal chemicals.

China Energy has 1.8 trillion yuan in assets and a staff of 350,000 employees. As of the end of 2017, its production capacity of coal had reached 480 million tons, and the total installed capacity of power reached 226 GW, including 175 GW from thermal power, accounting for around 15 percent of the national total. It is the world’s only company capable of turning millions of tons of coal directly and indirectly into liquid fuels. The company operates a network of railways with a total length of 2,155 kilometers, as well as 62 ships and ports with a designed handling capacity of 247 million tons.