Hunan Development Group Co., Ltd. (000722)
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Hunan Development Group Co., Ltd. Profile
| Industrial Conglomerates Industry | Industrials Sector | Mr. Zhigang Liu CEO | XSHE Exchange | CNE0000009J4 ISIN |
| CN Country | 198 Employees | 7 May 2026 Last Dividend | 13 Apr 2006 Last Split | 6 May 1997 IPO Date |
Overview
Hunan Development Group Co., Ltd., established in 1993, has firmly positioned itself within the energy sector by focusing on the development and operation of hydroelectric power generation across China. Headquartered in Changsha, the company has expanded its capacity to a diverse energy mix. By the end of 2022, it boasts an impressive installed capacity of 44.87 million kilowatts through an array of energy sources such as thermal power, hydropower, wind power, photovoltaic power plants, and biomass and waste power plants. Beyond its primary focus on energy, Hunan Development Group has diversified into other sectors including elderly care services, construction materials, and equity investments, evidencing its multifaceted nature of operations.
Products and Services
- Electricity Production and Supply:
The core of its operations lies in the generation and distribution of electricity. The company utilizes various energy sources including thermal, hydro, wind, photovoltaic, and biomass and waste power plants to produce electricity, catering to a significant demand within China.
- Elderly Care Services:
Hunan Development Group has ventured into the healthcare sector with a focus on elderly care, offering community home-based services. This includes government-purchased home-based care and the development of smart elderly care information platforms, aiming to provide comprehensive support for the aging population.
- Construction Materials:
The company also deals in the sale and distribution of construction materials such as river sand, river pebbles, crushed stones, and gravels. This diversification aligns with its integrated strategy of leveraging available natural resources for business expansion.
- Equity Investment Business:
With a strategic focus on sustainable growth, Hunan Development Group engages in equity investments, contributing to and benefiting from the growth of companies within and outside its core sectors of operation.
- Real Estate and Resource Development:
Further expanding its portfolio, the company is involved in the leasing of self-owned properties and the development and operation of land and mineral resources. This includes the operation of nursing homes, underlining its commitment to elderly care alongside real estate development.
