China Longyuan Power Group Limited , or Longyuan Power, is the largest wind power

Wind power

Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships....

 producer in China and Asia. It is mainly engaged in designing, developing, managing and operating wind power plants, and selling the electricity generated by its plants to its sole customers.

Longyuan Power is a subsidiary of the state-owned China Guodian Corporation

China Guodian Corporation

China Guodian Corporation is one of the five largest power producers in the People's Republic of China, administrated by SASAC for the State Council of the People's Republic of China...

, responsible for Guodian's renewable energy

Renewable energy

Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...

 assets. It had a 24 percent share of China's wind power market in terms of total installed capacity as of the end of 2008. It was listed on the Hong Kong Stock Exchange

Hong Kong Stock Exchange

The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...

 as H share

H share

H shares In mainland China, the shares are referred to as H股 H shares, whilst in Hong Kong, they are called 恒生中國企業指數, literally Hang Seng China Enterprises Index. refers to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange...

 in December 2009 with its IPO price of HK$8.16 per share.

External links

• China Longyuan Power Group Limited