Shenzhen Energy Group Co., Ltd. (China)

Shenzhen Energy Group Co., Ltd. is a large-scale publicly traded utility company located in Shenzhen, China. It was incorporated in June 1991 and listed on the Shenzhen Stock Exchange in September 1993. The company has a total asset of 141.27 billion yuan and a net asset of 46.195 billion yuan as of the end of 2022. The company's major shareholders include the Shenzhen Municipal Government, which holds a 43.91% stake, and Huaneng International Power Development Co., Ltd., which holds a 25.02% stake. Shenzhen Energy Group has been actively involved in the power industry for over 30 years. It focuses on providing responsible, powerful, environmentally friendly, and harmonious energy solutions. The company has expanded its operations from the Shenzhen region to the national and international markets, with projects in Ghana, Vietnam, and Papua New Guinea. It has received numerous awards and honors for its outstanding performance and quality projects. The company's main business sectors include power generation, environmental protection, gas supply, comprehensive energy, and overseas investments. In the power sector, it has a total installed capacity of 17,461.7 MW, with a significant portion coming from non-coal sources and renewable energy. In the environmental protection sector, the company has developed and operates 54 waste-to-energy projects with a daily processing capacity of 39,100 tons, ranking fourth in the country. In the gas sector, it supplies gas to several cities and has a total gas pipeline length of 5,135 kilometers. The comprehensive energy sector focuses on building a new form of integrated energy system, combining electricity, gas, heat (cooling), and hydrogen, to improve renewable energy consumption and reduce carbon emissions. The company is also actively involved in overseas investments, particularly in Africa and Southeast Asia, to support green and low-carbon development in those regions. Shenzhen Energy Group is committed to becoming an internationally influential provider of clean energy and environmental services. It aims to contribute to the national and city goals of achieving carbon peak and carbon neutrality. The company will continue to implement the vision of Xi Jinping's socialism with Chinese characteristics for a new era and strive to become a leading player in the energy and environmental service industry.