Zhejiang Zheneng Electric Power Co Ltd
SSE:600023

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Zhejiang Zheneng Electric Power Co Ltd Logo
Zhejiang Zheneng Electric Power Co Ltd
SSE:600023
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Price: 5.92 CNY Market Closed
Market Cap: 79.4B CNY
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Zhejiang Zheneng Electric Power Co Ltd
Investor Relations

Zhejiang Zheneng Electric Power Co., Ltd. stands as a central player in China’s energy sector, woven into the fabric of Zhejiang Province's rapid economic expansion. Born out of a region characterized by its industrious progress and technological zeal, Zheneng operates primarily through its extensive network of power plants, which include coal-fired, gas-fired, and renewable energy projects. This blend of energy sources allows the company to maintain a diversified portfolio, balancing the traditional with the progressive as China transitions towards cleaner energy. Zheneng’s strategic location and its commitment to integrating with local infrastructure ensure not just the steady supply of electricity but also align it closely with China’s larger ambitions for sustainable development.

The core business model of Zheneng focuses on generating and selling electricity, which it distributes to industries and residential customers across Zhejiang. The company benefits from long-term power purchase agreements and tariffs regulated by the government, providing stability amidst the fluctuating costs of energy production and consumption. Moreover, as a subsidiary of the Zhejiang Provincial Energy Group Co., Zheneng leverages its parent company's substantial resources and strategic expertise. Through continual investments in technology upgrades and capacity expansion, Zheneng aims to improve its operational efficiency and power generation capabilities. This dynamic approach not only fortifies its revenue streams but positions Zheneng as a critical enabler of the region’s socio-economic growth, underscoring its vital role in powering the ambitious engine of Zhejiang’s economy.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Lu Cao
GM & Director
No Bio Available
Mr. Weiyang Xie
Chief Engineer
No Bio Available
Mr. Zheng Wei
Board Secretary
No Bio Available

Contacts

Address
ZHEJIANG
Hangzhou
14F, Zone D, World Trade Lijingcheng Oumei Center, No. 18 Jiaogong Road, West Lake District
Contacts
+8657187210223
www.zzepc.com.cn