Is Longyuan Power a central enterprise or a state-owned enterprise?

Longyuan Electric Power is both a central enterprise and a state-owned enterprise. Longyuan Power refers to Longyuan Power Group Co., Ltd., which was established in 1993. At that time, it belonged to the Ministry of Energy, and later passed through the Ministry of Electric Power, State Power Company and China Guodian Corporation, and now it belongs to the State Energy Investment Group Co., Ltd.

The company's main business

Longyuan Electric Power is the earliest specialized company to develop wind power in China, and it is also a large-scale comprehensive power generation group focusing on developing and operating new energy. The business of the company is not limited to wind power, but also includes photovoltaic, tidal, geothermal and thermal power projects. Moreover, Longyuan Electric Power has also established technical service systems such as consultation and design of new energy projects, early development, research and development, industry public services, carbon asset development and management, vocational training, network security and so on.

Wind power business: Longyuan Power has always been focusing on becoming stronger and better, expanding its main business of wind power, and insisting on both land and sea, both at home and abroad, and self-built acquisition. With a forward-looking vision, Longyuan Power continuously optimizes the layout of wind power development, and takes the lead in exploring offshore, low wind speed, high altitude, overseas and other fields, achieving synchronous growth in scale, quality and efficiency.

Photovoltaic power generation business: Longyuan Power has built several large-scale ground photovoltaic power stations in Golmud, Qinghai, Yangbajing, Tibet, Zhangye, Gansu and Fengcheng, Jiangxi, and built the first rooftop photovoltaic power station in Turpan, Xinjiang. The installed capacity of longyuan power photovoltaic power generation is 1 18 1.45 MW, of which the installed capacity of longyuan Tibet yangbajing phase ii photovoltaic project is 20 MW, with an average elevation of 4300 meters.

Thermal power business: Longyuan Power invested and operated Jiangyin Su Long Thermal Power Co., Ltd. and Nantong Tianshenggang Power Generation Co., Ltd. and 65,438+0 cooperative enterprises in Jiangsu Province, with a holding capacity of 65,438+875 MW.

Market performance and financial situation

Longyuan Power Market performed steadily, and its shares were listed on the main board of Hongkong, which was known as "the first new energy stock in China". The company's financial report shows that Longyuan Power has been profitable in recent years and its financial position is good. For example, in the first quarter of 2024, Longyuan Power achieved a net profit of 2.393 billion yuan, a year-on-year increase of 2.47%.

Service distribution and installed capacity

Longyuan Power's business is widely distributed in 32 provinces, autonomous regions and municipalities directly under the Central Government of China, as well as Canada, South Africa, Ukraine and other countries. Up to a certain point in time (the specific data need to be updated according to the latest information), the installed capacity of Longyuan Power Holdings has reached a significant level, in which the installed capacity of wind power accounts for a large proportion.

Corporate culture and social responsibility

The corporate culture of Longyuan Electric Power takes "homology" as the core, adheres to the mission of "dedicating clean energy and building beautiful China", and is committed to becoming a world-class new energy leader. The company also actively fulfills its social responsibilities and is committed to environmental protection and public welfare undertakings.

Honor and recognition

Longyuan Electric Power won many industry awards such as "Most Valuable Listed Company Award", "Most Influential Listed Company" and "Best Listed Company in Corporate Governance", and was named "Top 500 Global New Energy Enterprises" for 10 years.