Business Review

The Group is principally engaged in generation and sales of electricity in Mainland China, including investment, development, operation and management of coal-fired power, hydropower, wind power and photovoltaic power plants. Its businesses are located in the major power grid regions of China.

In 2017, the national total electricity consumption rose by 6.6% as compared with the previous year, representing an increase of 1.6 percentage points in growth rate over 2016. The national power generation recorded an increase of 6.5% as compared with the previous year. Among which, coal-fired power increased by 5.2% as compared with the previous year; and hydropower increased by 1.7% as compared with the previous year. As of the end of 2017, the additional national power generation installed capacity recorded a year-on-year increase of 7.6%, the growth rate slowed down as compared with the previous year. Overall, the growth rate of national electricity supply and demand in 2017 was more stable than in the previous year.