1: China Datang Corporation (CDT) is a leading central state-owned power generation enterprise in China and the experimental state-authorized investment and state share-holding enterprise ratified by the State Council. CDT is mainly specialized in power production and supply, power related coal mine development and production as well as related professional technical services.
China Datang Corporation (CDT) is a leading central state-owned power generation enterprise in China and the experimental state-authorized investment and state share-holding enterprise ratified by the State Council. CDT is mainly specialized in power production and supply, power related coal mine development and production as well as related professional technical services.
CDT owns Datang International Power Generation Co., Ltd., the first company in China listed in London and Hong Kong and domestically listed in 2006; Hunan Huayin Electric Power Co., Ltd. and Guangxi Guiguan Electric Power Co.,Ltd., which were domestically listed at a fairly early time; China Datang Corporation Renewable Power Co.,Ltd, which was listed in 2010; and China National Water Resources & Electric Power Materials & Equipment Co., Ltd. with a nationwide logistic network, etc.
By the end of 2012, CDT’s power generation assets in operation and under construction are widely distributed over 31 provinces (autonomous regions or municipalities) and expanded to countries like Myanmar and Cambodia with 27 branch companies (or subsidiaries) and 355 grassroots enterprises. The total installed capacity reaches 113,802.2MW, with 16,565.9MW hydropower and 8,205.1MW wind power, and the proportion of renewable energy stands at 21.97%. The total assets amount to 656 billion yuan with a total workforce more than 100 thousand. In 2010, for the first time CDT won a place among Fortune 500 companies(In 2010, ranking 412th; in 2011, ranking 374th; in 2012, ranking 369).
China Datang Overseas Investment Co.,Ltd (CDTO) was established on Aug. 23, 2007 as a whollyowned subsidiary of CDT specialized in overseas power planning, investment, construction, operation and management. We are dedicated to developing first-class power source projects around the world. In addition, we are also engaged in investment and financing management for overseas projects, overseas capital operation, international trading, EPC contracting, power equipment manufacturing, maintenance and commissioning, power technology development and consultation and overseas asset management. Headquartered in Beijing, we have to date set up 7 subsidiaries and 3 representative offices across the world.
We benefit from the experience of CDT in building a wide range portfolio of power generation units, from coal-fired to hydro, wind, solar and biomass with state-of-art technology. On recognizing the need for tackling global climate change and reshaping world energy future, we are mainly focused on renewable energy projects that will offset greenhouse gas emissions.
Our mission is to supply clean power and light happy life. We stress common development of staff and enterprise, guarantee staff’s legal rights and interests, build platform for our people to improve to their utmost. We abide by the law to conduct win-win cooperation with our strategic partners and commit ourselves to the promises made to our supplier and clients. We always bear in mind our corporate social responsibilities and contribute to the local economic prosperity and social harmony.
At the moment, we hold a total of 480 million shares of Datang Power (00991). Implemented projects include Dapein I Hydropower Station in Myanmar、Stung Atay Hydroelectric BOT Project and Phnom Penh-Battambang Power Transmission System BOT Project in Cambodia. Agreements with local authorities have also secured a couple of other hydropower projects in Myanmar, Laos, Kenya and Eastern Europe with a total installed capacity of over 5,000MW. Additionally, international coal trading business is in full swing and we are also carving out in businesses like equipment export agent, export of labor services and international logistics.