Jionto Energy Investment Co., Ltd. Hebei
建投能源
000600
Shenzhen Stock Exchange
Company Overview
Jointo Energy Investment Co., Ltd. (JOINTO ENERGY), founded on January 18, 1994, is a leading power investment company based in Hebei province, China. Listed on the Shenzhen Stock Exchange since June 6, 1996, the company focuses on energy project investment, construction, operation, and management, primarily engaged in the production and sale of electricity and thermal power. JOINTO ENERGY aims to maximize shareholder value while promoting strategic transformation towards clean and efficient energy solutions. The company operates a significant portfolio of power generation assets, with a controlling installed capacity of 12.48 million kilowatts, making it the largest independent power generation company in Hebei province. Its power generation units are primarily located in the southern power grid of Hebei, accounting for over 20% of that grid's capacity. Additionally, JOINTO ENERGY manages seven heating companies, covering a central heating area of 200 million square meters. The company is strategically positioned to benefit from the coordinated development of the Beijing-Tianjin-Hebei region, which is expected to drive long-term growth in energy demand.
AI-generated from company disclosures and CNInfo data.
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
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