Huadian Energy Company Limited
Encyclopedia
Huadian Energy Company Limited (SHA:900937 华电能源股份有限公司) is a Shanghai B share
B share
B share can refer to various terms relating to stock classes:* B shares, a class of stock on the Shanghai and Shenzhen stock exchanges* B shares, a class of stock on the New York Stock Exchange-See also:* B share* H share* Red chip* P chip* S chip...

 listed subsidiary of Huadian Group based in Harbin
Harbin
Harbin ; Manchu language: , Harbin; Russian: Харби́н Kharbin ), is the capital and largest city of Heilongjiang Province in Northeast China, lying on the southern bank of the Songhua River...

, Heilongjiang province.
It is not to be confused with Huadian Group's major subsidiary company, Huadian Power International
Huadian Power International
Huadian Power International Corporation , formerly Shandong International Power Development Company Limited, is the largest power producer in Shandong Province, the People's Republic of China and it the Hong Kong listed subsidiary of Huadian Group, one of the five largest power producers in China...

 (SEHK: 1071, SSE: 600027), which is listed on the Hong Kong Stock Exchange and A share
A share
In finance the term A share has two distinct meanings, both relating to securities.* The first is a designation for a 'class' of common or preferred stock. A shares of common or preferred stock typically have enhanced voting rights or other benefits compared to the other forms of shares that may...

s listed on the Shanghai Stock Exchange.


Huadian Energy Company Limited was one of the first joint-stock pilot projects of the Heilongjiang Province government with the former State Ministry of Power Industry. The company was formed February 18, 1993.In 1996 A shares and B shares were 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...

. The main businesses are power generation, heating, green energy and power equipment manufacturing.

As of the end of 2008 the company had 16.8 billion RMB total assets. Total installed capacity of 3.4 GW
GW
-Science and technology:* .gw, the Internet top-level domain of Guinea-Bissau* Gateway * GateWorld* The symbol for GigaWatt, a unit for measuring electric power, equal to 109 watts* Global warming...

 with 4.2 GW in construction. The company is also developing wind power projects and sludge incineration
Sludge incineration
Sludge incineration is a process for generating thermal energy from sewage treatment plants. The process is in operation in Germany where Klärschlammverbrennung GmbH in Hamburg incinerates 1.3m tonnes of sludge annually. The process has also been trialed in China, where it has been qualified as an...

.

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