CHN Energy Changyuan Electric Power Co., Ltd.

Company Profile

1. Layout advantage of power plant. The power plants affiliated to the company are with reasonable distribution in Hubei Province. The affiliated companies Qingshan Thermal and Changyuan No.1 Power Generation are located in Wuhan City, the power load center of Hubei Province. Jingmen Company is located in the power support points in the middle part of Hubei power grid. Hanchuan Company and Hanchuan No.1 Power Generation are the important big power points in the north area of Wuhan City. The layout of the aforesaid regions is conducive to giving full play to the geographical advantages of each power plant, increasing the utilization hours of units and the income of the company's main business. 2. Advantages in ensuring supply and price control of thermal coal. The company's controlling shareholder, China Energy Group, is the world's largest coal producer and owns self-operated railways, ports, and shipping companies. Its subsidiary, Guoneng Sales Group Co., Ltd., is an important annual long-term coal supplier for the company. Leveraging China Energy Group's integrated operations of "coal production, transportation, and demand," it has strong capabilities in coal sourcing and transportation assurance, with high-quality coal and stable prices. This helps enhance the company's ability to ensure supply and control prices of thermal coal, effectively coping with coal market risks. 3. Advantages of technical and economic indicators. All of the company's thermal power generating units are over 300 thousand kW, and there are two sets of 1 million kW ultra-supercritical coal-fired units. After continuous technological transformation, the main pollutant emission indicators are better than the national standards, the energy consumption indicators are at the regional advanced level, and all of thermal power generating units are with the heating capacity, with obvious comparable advantages in the power generation market competition. 4. Corporate governance and talent advantages. The company has a sound and complete governance structure, forming an effective check-and-balance and coordinated operation mechanism among decision-making power, supervisory power, and management power, ensuring the company's standardized and efficient operation. The company adheres to the strategy of strengthening the enterprise through talent, cultivating a team of high-quality cadres and talents who are loyal, clean, responsible, well-structured, professionally matched, and with excellent qualities, meeting the strategic development needs of the company.