What state-owned enterprises are there?

China Huaneng Group Corporation, China Datang Corporation, china huadian corporation, China Guodian Corporation and China Power Investment Corporation.

1. China Huaneng Group Corporation is a state-owned enterprise reorganized on the basis of the original China Huaneng Group Corporation with the approval of the State Council. Institutions and state holding companies managed by the central government and approved by the State Council to make state-authorized investments. According to the State Council's requirements on the reform of the national power system, China Huaneng Group Corporation is an independent, self-financing and comprehensive development enterprise legal person, mainly engaged in the power industry.

2. China Datang Corporation is a super-large power generation enterprise group established on February 29, 2002 (Renwu year) on the basis of some enterprises and institutions of the former State Power Company. It is a wholly state-owned company directly managed by the central government, an institution authorized by the state, and a pilot state-owned holding company approved by the State Council.

3. china huadian corporation (china huadian for short) was established on February 29th, 2002 with a registered capital of1200 million yuan. It is one of the five wholly state-owned power generation enterprise groups established by the national power system reform, a super-large central enterprise supervised by the State-owned Assets Supervision and Administration Commission, a state-authorized institution, and a pilot unit of state-owned holding company approved by the State Council.

4. With the approval of the State Council, China Guodian Corporation was established on February 29th, 2002 on the basis of some enterprises and institutions of the former State Power Company. It is a comprehensive large-scale power generation group and a large-scale central enterprise at the vice ministerial level.

5. China Power Investment Corporation (hereinafter referred to as China Power Investment Corporation) was established on February 29th, 2002. It is a comprehensive energy group integrating power, coal, aluminum, railway and port industries, and one of the five largest power generation groups in China. With a registered capital of 6,543.80+0.2 billion yuan, China Power Investment Group is the only group in China that owns hydropower, thermal power, nuclear power and new energy assets at the same time, and is one of the three major nuclear power development and construction operators in China.

Extended data:

Wholly state-owned companies are fully funded by the government and regulated by the Company Law. This kind of enterprise takes social public goal as the main goal, followed by economic goal. Such enterprises are mainly typical natural monopoly enterprises and resource enterprises, such as railways, tap water, natural gas, electricity, airports and so on. From an economic point of view, the products or services of such enterprises should be priced at marginal cost or average cost to maximize social welfare, rather than seeking to grab more surplus from consumers.

State-owned holding companies are funded by the government and regulated by the Company Law. This kind of enterprise has both social goals and economic goals, which are supported by economic goals. Such enterprises are mainly quasi-natural monopoly enterprises and pillar industries of national economic development, such as electronics, automobiles, medicine and airports. It should be noted that such enterprises do not directly provide public services, but indirectly provide public services by paying dividends and bonuses to the state finance.

If these enterprises have to perform some public functions due to special circumstances, the losses caused will be compensated by the state finance. However, after compensation, dividends cannot be exempted. Of course, through agreement and accounting, the two can offset each other.

References:

Baidu Encyclopedia-China Power Investment Group Corporation