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Corporate Profile

CR Power Holdings Co., Ltd. (referred to as "CR Power") was established in August 2001 and listed on the Main Board of the Hong Kong Stock Exchange in November 2003 (stock code 836). It is currently a constituent stock of the Hang Seng Index. CR Power is a Hong Kong-listed company under China Resources Group and is one of the most efficient and profitable integrated energy companies in China. Its business encompasses wind power, photovoltaic power generation, thermal power, hydropower, distributed energy, electricity sales, comprehensive energy services, and coal.

 

As of the end of 2023, CR Power had total assets of HKD 322.396 billion, an operational installed capacity of 77,324 MW, and an attributable operational installed capacity of 59,764 MW, with 37.8% of the attributable operational installed capacity coming from renewable energy projects. The company operates across 31 provinces, autonomous regions, municipalities, and special administrative regions in China. For the 17th consecutive year, CR Power has been listed in the Forbes Global 2000, ranking 850th, and it also featured in TIME magazine's 2023 list of the World's Best Companies, ranking 707th.

 

Facing significant opportunities for green and low-carbon transformation and upgrades in the economic society and energy industry, CR Power will strengthen strategic guidance, enhance corporate governance, increase innovation efforts, and fully develop capabilities that adapt to the new situation. With an attitude of pursuing excellence and striving for perfection, we will drive transformation, improve quality and efficiency, promote steady growth in company performance, and steadfastly advance towards becoming a world-class clean energy enterprise!

 

CR Power's parent company, China Resources Group, is one of the most powerful and diversified enterprises in Hong Kong and Mainland China, with over 80 years of history. China Resources Group's businesses span six major fields, including consumer products, integrated energy, urban construction and operations, healthcare, industrial finance, and emerging industries. It has 25 business units, two directly affiliated institutions, 3,077 physical enterprises, and about 390,000 employees. Among its subsidiary enterprises, eight are listed in Hong Kong and nine are listed in Mainland China. China Resources Group's mission is to "lead business progress and create a better life". Through continuous innovation in business models and the creation of product and service brands, it has effectively promoted industrial development and made significant contributions to improving people's quality of life. Currently, China Resources' retail, beer, gas, commercial real estate, pharmaceuticals, and healthcare operations rank among the top in the country. The performance and operational efficiency of the power and cement businesses are outstanding within the industry. China Resources Land is one of the most powerful comprehensive real estate developers in Mainland China. Snow Breweries, C'estbon, CR Vanguard, The Mixc, 999, Shuanghe, Dong-E-E-Jiao, Jiangzhong, and others are renowned brands across the country. In the 2024 Fortune Global 500 rankings published by Fortune magazine, China Resources Group ranked 72nd.