Sichuan Energy Investment Development Co., Ltd. was founded in Chengdu, Sichuan Province on Sept. 29, 2011 with a registered capital of 1.074 billion yuan. The company (stock code: 01713) was listed on Hong Kong Stock Exchange in December 2018, becoming the first company in the mainland’s electricity distribution and sales industry to be listed on the H-shares market.
The company is vertical power supplier and service provider for generating, distributing and selling of electricity for the city of Yibin, Sichuan Province. It now owns six county-level power supply companies, two power generation companies, one power sales company and one power engineering and construction company. The company's main business includes the generation, supply, distribution and sales of electricity, engineering and construction service, new energy, power added-value service. By the end of December 2018, the company has a total asset reached 4.4 billion yuan and a net asset of 2.6 billion yuan.
In the future, the company will actively participate in the reform of China's power industry and expand its service chain; it will seek acquisition opportunities and expand its market share; it will improve the grid structure and enhance its informationization level; it will increase is cost management and control so as to constantly improve the company's profitability; it will focus on diversified development and contribute to an industry pattern that based on complementary advantages; and it aims to build a world-class modern comprehensive energy service company and provide better returns for its shareholders.