China Power Investment Corporation

China Power Investment Corporation
Native name
中国电力投资集团公司
Company typeState-owned enterprise
IndustryPublic utility
PredecessorChina Power International Holding
Founded31 March 2003 (2003-03-31)
FounderSASAC
Defunct2015
FateMerged with State Nuclear Power Technology
SuccessorState Power Investment Corporation
Headquarters,
China
Area served
Mainland China
Key people
Lu Qizhou [zh](GM)
ProductsPower generation
Decrease CN¥001.442 billion (2014)
Total assetsIncrease CN¥680.388 billion (2014)
Total equityIncrease CN¥044.439 billion (2014)
OwnerState-owned Assets Supervision and Administration Commission
Subsidiaries
Chinese name
Simplified Chinese中国电力投资集团公司
Traditional Chinese中國電力投資集團公司
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Diànlì Tóuzī Jítuán Gōngsī
Abbreviation
Simplified Chinese中国电力投资
Traditional Chinese中國電力投資
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Diànlì Tóuzī
Second abbreviation
Simplified Chinese中电投
Traditional Chinese中電投
Transcriptions
Standard Mandarin
Hanyu PinyinZhōng Diàn Tóu
Websitewww.cpicorp.com.cn
Footnotes / references
in consolidated financial statement[1]

China Power Investment Corporation also known as CPI Group was one of the five largest state-owned electricity producers in mainland China. It was administrated by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. It was engaged in development, investment, construction, operation, and management of power plants and power generation in twenty-seven Chinese provinces. It supplies approximately ten percent of the country's electricity.

China Power Investment Corporation was the parent company of 4 listed companies, China Power International Development, China Power New Energy Development (later became joint-significant shareholder, after China Three Gorges Corporation acquired the share of that company), Shanghai Electric Power and Yuanda Environmental Protection. The group also significantly owned Jilin Electric Power.

It was merged with the State Nuclear Power Technology Corporation to form the State Power Investment Corporation in 2015.

  1. ^ Cite error: The named reference CPIGroup2014AR was invoked but never defined (see the help page).