State Power Investment Corporation (SPIC)

State Power Investment Corporation (SPIC), newly established through the merger of China Power Investment Corporation and State Nuclear Power Technology Corporation in June 2015, is a large state-owned enterprise with a registered capital of RMB 45 billion (USD 7 billion) and total assets of RMB 722.3 billion (USD 112 billion).

As the only integrated energy group in China that holds assets of nuclear power, thermal power, hydropower and new energies simultaneously, SPIC establishes itself with such industries as power, coal, aluminum, logistics, finance, environmental protection and high-tech industries.

By the end of August 2015, SPIC achieved a total installed capacity of 100.44 GW, 39.59% of which were clean energies, coal production capacity of 80.4 million tons per year (t/y), aluminum smelting capacity of 2.72 million t/y and railway transportation line of 504 km. SPIC has its presence in 35 countries (regions), such as Japan, Turkey, Pakistan, Brazil and Guinea, with business covering power project investment, technical cooperation, EPC and O&M projects, etc.

SPIC has about 140,000 employees and holds seven listed companies, two of which are red chip companies traded in Hong Kong while the other five offer A-shares in mainland China.

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