| Set as Homepage | Save desktop | Chinaexporter | Mobile | QR code

Shenergy Company Limited

power and energy industry nationwide

Introduction
Product Categories
  • No Category
Search
 
Link
  • No Links
The company hasn't been verified!
You are now at: Home » Introduction
Introduction
Shenergy Company Limited (“Shenergy” or the “Company” ), formerly Shenergy Power Development Company, completed restructuring in February 1993. The Company was listed on board of Shanghai Stock Exchange in April 1993, making it the first listed company in power and energy industry nationwide. As of 31st December 2008, the total share capital of the Company amounted to 2,889,631,654 shares.
  The main business of Shenergy is to invest, construct, operate and manage power and oil & gas projects. With “Steady Development, Moderate Operation” as our business philosophy, the Company has seen a gradually expansion in business scale and steady growth in profitability after more than ten years’ development. By the end of 2009, the total assets and net assets of the Company has amounted to RMB31.666 billion and RMB15.294 billion respectively. Net profit for 2009 amounted to RMB1.601 billion and basic earnings per share RMB0.554 yuan. The Company’s generation capacity on an equity basis is 4820 MW currently. The controllable generation capacity on an equity basis of the Company is 5024 MW, which accounted for about one-third of the total generation capacity of Shanghai. For 2008, the controllable generated power quantity of the Company accounted for 35.6% of the overall generated power quantity of Shanghai.
  At present, the Company has built 15 electric power projects in different power fields, such as thermal power, gas power, hydropower and nuclear power.  Most of the power plants the Company invested are above 300MW in their generation capacity. The performance of the generation units in Shanghai Wujing No.2 Electric Power Generating Co., Ltd. and Shanghai Waigaoqiao No.3 Electric Power Generating Co., Ltd. maintain the leading position among their same types at home and aboard. The core competitiveness of the generation units demonstrated fully in high parameter, large capacity and low coal consumption. In order to get long-term growth, the Company proactively promoted the construction and development of new projects. The Company now has two electric power projects under construction, which are the project of Lingang Gas Power Plant Phase One and Qinshan Nuclear Power Plant Phase Two respectively. The preparation work of all he planned projects, such as Changjiangkou Power Plant and Anhui Wuhu Power Plant, is being pushed ahead.
  In oil & gas business, the Company holds majority equities in Shanghai Petroleum & Natural Gas Company Limited and Shanghai Natural Gas Pipeline Networks Company Limited. Shanghai Petroleum & Natural Gas Co., Ltd. engages in the construction and development of Pinghu oil & gas field project in East China Sea. The operating project has an annual gas supply of 400 to 500 million cubic meters and annual oil output of about 150 thousand tons. Shanghai Natural Gas Pipeline Networks Co., Ltd. engages in the construction of high-pressure natural gas pipeline network in Shanghai and commenced commercial gas supply in early 2004. The designed capacity of the network is to reach 9 billion cubic meters by 2020.
  In 2009, several solar power projects and wind power projects invested by the Company has been completed and put into operation successively. Besides, the Company plays an active role in feasibility study in mining industry and coal shipping industry. The company incorporated Shanghai Shenergy Fuel Co., Ltd. and Shanghai Jia He Shipping Co., Ltd. to cut down production cost.
  In the future, the Company will stick to the philosophy of developing electric power and oil & gas power simultaneously. The Company will strive to reach the management goal that is to accumulate its total assets to 50 billion yuan, net asset to 24 billion yuan, net profit to 2 billion yuan; to expand its generation capacity on an equity basis to 10 thousand MW; to extend its industrial links and business scale; to strength market operation and impel the merger & acquisition work in energy industry. The Company is striving to be a characteristic listed company with rational factor combination, optimized resource allocation, good management system and strong core competitiveness in national electric power industry.
Company Profile
Company Name: Shenergy Company Limited Company Type: Enterprise ()
Area: China Company Size:
Registered Capital: N/A Registered Year: 1993
Validated:
Security deposit: Already paid 0.00 USD
Business Scope: power and energy industry nationwide
Business:
Electrical & Electronics / Power Supply & Distribution / Power Adaptor Metallurgy, Mineral & Energy / Solar & Renewable Energy