Jionto Energy Investment Co., Ltd. Hebei
建投能源
000600
Shenzhen Stock Exchange
Company Profile
1. The company is the largest independent power generation company in Hebei province -- with the controlling installed capacity and annual power generation accounting for more than 20% in Hebei southern network, accounting for over 10% in Hebei Province, and has a higher market share. The generator units are all high - efficiency environment-friendly units of high – capacity and high - parameter with more than 300 thousand kilowatts, all of them are ultra-low emission is realized completely. 2. The company is located in the coordinated development strategic area of Beijing- Tianjin- Hebei. -- The main business is concentrated in Beijing- Tianjin- Hebei region and the number of generating hours is significantly higher than the national average level. The coordinated development of Beijing-Tianjin- Hebei is a major national strategy, which will promote the rapid growth of regional energy demand, and the development of company will benefit from it for a long term. 3. The haze brings new growth in the heating market -- the thermal business is one of the main business of the company. Protection of the atmosphere environment and improvements of people's livelihood in The Beijing-Tianjin-Hebei region, provided a huge market space for the company to optimize and integrate the heating resources, filling up the central heating blanks, investment and operation of clean energy and heat supply. 4. Long term and generous shareholder return -- the company has set up a continuous and stable dividend policy, and the dividend paid in cash every year is not less than 30% of the profit allocated to shareholders. The average dividend ratio of the last three years
Full description
Jointo Energy Investment Co., Ltd., (hereinafter referred to as “Company” or “JOINTO ENERGY ”) was founded on January 18, 1994, listed on the Shenzhen Stock Exchange on June 6, 1996 (securities code: 000600.SZ, securities abbreviated: JOINTO ENERGY) JOINTO ENERGY is the main part of power investment in Hebei province. The main business is the energy project based on investment and construction, operation and management, which is mainly engaged in the production and sale of electricity and thermal power. The company adheres to the purpose of safeguarding the interests of all shareholders, maximizes the value as the management philosophy, market-oriented, adheres to cost leading, scientific and technological guidance, and continuously promotes the enhancement of the fire power business; At the same time, actively optimize and adjust the business structure, promotes the strategic transformation of the company, speeding up the development of clean and efficient coal and electricity projects and the development of clean energy projects, vigorously develop heating, electricity sales business. We will gradually build the company into a comprehensive energy service provider with excellent technology and advanced assets, to achieve the common growth of corporate value and shareholder value. By the end of 2025, the registered capital of the company was 1.803 billion Yuan, with the total assets of 50.9 billion Yuan and the net assets of 12.9 billion Yuan; the holding and joint-stock power generation companies of 28, the controlling installed capacity of 12.48million kilowatts, and the holding and stock-joint power generation units are important power support for the regional power grid. At the same time, the JOINTO ENERGY owns seven control heating companies, with a central heating area of 200 million square meters. At present, the company’s share holding power generation units are mainly concentrated in the southern power grid of Hebei. The installed capacity accounts for more than 20% of the Southern Power Grid of Hebei, accounting for over 10% of the total installed capacity in Hebei province, and it is the largest independent power generation company in Hebei province. Hebei Construction & Investment Group, (hereinafter referred to as “HCIG”) is the controlling shareholder of JOINTO ENERGY, and it holds 1.176 billion shares of the company, with a shareholding ratio of 65.21%. HCIG is the investment and financing platform for Hebei provincial government to converge and integrate, guiding the social capital and financial capital, and supporting the economic development of Hebei Province, infrastructure construction platform and financial services platform. It is the largest state-owned capital investment and operation company in Hebei province. In the past 29 years, we have gradually formed a business sector dominated by infrastructure and strategic emerging industries, such as energy, transportation, water-related affairs and financial business. By the end of 2023, HCIG had combined total assets of 284 billion Yuan, with a net asset of 119.3 billion Yuan. There are about 12,800 employees in the group , holding two listed companies of JOINTO ENERGY and China Suntien Green Energy, participating in the establishment of Beijing Datang Power Generation Co., Ltd. and HUANENG Power International Co., Ltd.