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Is Guangxi New Power Investment Group a state-owned enterprise?

Guangxi New Power Investment Group is a state-owned enterprise.

Guangxi New Power Investment Group, the full name of Guangxi New Power Investment Group Co., Ltd., also known as New Power Group, is jointly controlled by Guangxi Power Grid Co., Ltd. (90%) and Guangxi Rural Investment Group Co., Ltd. (10%). The actual controller is the State Council State-owned Assets Supervision and Administration Commission, which ultimately benefits 65.07% of the shares.

Guangxi is one of the most complicated and contradictory provinces in China. The establishment of the new power group is an important measure taken by the Party Committee and Government of Guangxi Zhuang Autonomous Region and China Southern Power Grid Corporation to implement the central government's comprehensive deepening reform, win the tough battle against poverty and implement the rural revitalization strategy, which marks Guangxi's? A net? Substantial and key progress has been made in construction.

At present, the new electric power group has three electric power construction and installation companies, namely, Guangxi Honghu Water Conservancy and Electric Power Technology Development Co., Ltd., Guangxi Nengjian Honghu Electric Power Engineering Co., Ltd. and Guangxi Hui Neng Hongyu Water Conservancy and Electric Power Construction Co., Ltd., whose main businesses include general contracting, design, consultation and live working of electric power projects, mainly for 40 counties (cities, districts) in Guangxi Zhuang Autonomous Region, providing power supply services for about 20 million people.

If you need to know more about Guangxi New Power Investment Group, I suggest you go to the enterprise to find out-check the enterprise for free.