China Energy Investment

China Energy Investment Corporation, more commonly known as China Energy (Chinese: 国家能源投资集团有限责任公司), is a state-owned mining and energy company administrated by the SASAC of the State Council of the People's Republic of China.

China Energy Investment Corporation
国家能源投资集团

Company type	State-owned enterprise
Industry	Energy
Predecessor	Shenhua Group China Guodian Corporation
Founded	2017 (2017)
Headquarters	Beijing , China
Area served	China
Products	Coal, Electrical power, transportation (rail and ocean), polyethylene, polypropylene
Services	Coal production, transportation, Electricity generation
Revenue	US$ 112.0 billion (2023)
Net income	US$ 6.3 billion (2023)
Total assets	US$ 294.9 billion (2023)
Owner	Chinese central government (100%)
Number of employees	309,037 (2023)
Subsidiaries	National Institute of Clean-and-Low-Carbon Energy
Website	www.ceic.com

Headquarters

History

On August 28, 2017, SASAC announced that China Guodian Corporation and Shenhua Group will be jointly restructured. Shenhua Group will become China Energy Investment Corporation Limited and will absorb China Guodian Corporation. It will be the largest power company in the world by installed capacity.

Operations

China Energy is engaged in development, investment, construction, operation and management of power plants and power generation for electricity supply in China. It also mines coal; operates railroads, ports and seaborne shipments; produces polyethylene and polypropylene; and undertakes research, development, and demonstrations activities.

External links

• Official website (in Chinese and English)