Beijing Jingneng Thermal Power Co., Ltd. (Chinese 北京京能热电股份有限公司 Jingneng redian, SHA:600578) is a Beijing coal power producer and district heating

District heating

District heating is a system for distributing heat generated in a centralized location for residential and commercial heating requirements such as space heating and water heating...

 supplier listed on the Shanghai Stock Exchange

Shanghai Stock Exchange

The Shanghai Stock Exchange , abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange...

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Description

Beijing Jingneng Thermal Power Co., Ltd. is located in Shijingshan District of Beijing. It was founded in 2000 by the former Beijing International Power Development & Investment Corporation and former North China Electric Power Group Corporation, with 3 other shareholders, and became Beijing's first modern joint-stock power heat enterprise with a registered capital of 570 million yuan.

Public Trading

Following an IPO on May 10, 2002, the company was listed on the Shanghai Stock Exchange, the first Beijing thermoelectric power company to be listed. At year end 2010 the company's main shareholders were Beijing International Energy Ltd. (39.88% of shares), Shanxi International Electricity Group Co., Ltd. (26%), and Beijing Energy Investment Holding (Group) Co., Ltd. (10.68%). The company's main business includes: thermal power generation, production and sale of electrical equipment, power generation equipment maintenance, and gypsum

Gypsum

Gypsum is a very soft sulfate mineral composed of calcium sulfate dihydrate, with the chemical formula CaSO4·2H2O. It is found in alabaster, a decorative stone used in Ancient Egypt. It is the second softest mineral on the Mohs Hardness Scale...

sales. In 2010, the company total installed capacity was 186 million kilowatts, with total assets of nearly 60 billion yuan.