China Power Investment Corporation (CPI) was established from part of the constituent businesses of the former State Power Corporation of China. With a registered capital of 12 billion RMB, CPI has been approved by the State Council to become one of the pilot state-authorized investment entities and state-owned holding corporations.
By the end of 2008, the total assets of CPI amounted to 284.2 billion RMB. Its controllable installed capacity reached 51990MW, equity installed capacity reached 40116MW, out of which, 10539MW or 20.3% came from hydro units, 41123 MW or 79.1% from thermal units, 1350.8 MW or 3.37% from nuclear units and 328MW or 0.6% from wind units. CPI has 213 member companies/institutions and 15 participating companies with 104018 employees in total.
CPI owns assets in 28 provinces, municipalities autonomous regions, and also Hong Kong, Macao and so on. Among these, there are six A-share listed companies, namely Shanghai Electric Power Co. Ltd, Shanxi Zhangze Electric Power Co. Ltd, Chongqing Jiulong Electric Power Co. Ltd, Jilin Electric Power Co. Ltd, Huolinhe Open Coal Mining and Shijiazhuang Oriental Co-generation Co. Ltd. CPI also owns China Power International Holding Ltd. registered in Hong Kong, through which CPI indirectly owns China Power Development Ltd. listed at the Hong Kong Stock Exchange and China-Hong Kong Power Development Ltd. devoting to supply power for Hong Kong. Besides, CPI owns Upstream Huanghe Hydropower Development Co., Ltd and Wuling Electric Power Development Corporation with both enjoying river-basin development capabilities. It also owns China Power Complete Equipment Company Ltd., a major player in complete power equipment supply and service. CPI also owns Mengdong Group Co. Ltd., a large-scale coal company. CPI owns 19 operating power plants each above 1000MW, ongoing holding Shandong Haiyang nuclear power project, equally joint holding Liaoning Hongyanhe nuclear power project phase I and holds minority shares in 5 nuclear power plants in operation and 3 under construction. Moreover, CPI is also carrying out preparation for nuclear power projects in Guangxi, Liaoning, Hunan, Jilin and Chongqing.