Utilities - Renewable Industry | Utilities Sector | Mr. Shanfeng Tu CEO | XSHE Exchange | CNE000000750 ISIN |
CN Country | 4,526 Employees | - Last Dividend | 22 Sep 2014 Last Split | 20 Apr 1998 IPO Date |
Hubei Energy Group Co., Ltd., established in 2005, plays a pivotal role in China's energy sector through its diverse operations in energy investment, development, and management. With its headquarters located in Wuhan, the People's Republic of China, the company has carved out a significant presence in the energy landscape of the region. It specializes in generating electric energy utilizing various sources including hydro, thermal, and nuclear power. In addition to its primary operations in power generation, Hubei Energy Group has expanded its reach into the new energy sector, aligning with global trends towards sustainable and renewable energy sources. The company also boasts operations in natural gas transmission and distribution, a critical component of its comprehensive energy services. Moreover, it is involved in coal trading and financial investment services, diversifying its portfolio and leveraging its expertise to explore new opportunities within the energy domain.
Hubei Energy Group is adept at generating electric power using a mix of hydro, thermal, and nuclear sources. This diversified approach allows for a robust and reliable supply of electricity, catering to the growing demand in China and supporting the country's energy security and economic development.
As part of its commitment to sustainability and innovation, the company operates a new energy business focused on renewable sources. This includes investments in solar, wind, and other renewable energy projects, aligning with global efforts to reduce carbon emissions and combat climate change.
Hubei Energy Group extends its expertise to the natural gas sector, handling the transmission and distribution of natural gas. This ensures a secure and efficient supply of natural gas for residential, commercial, and industrial purposes, supporting the nation's transition to cleaner energy sources.
Recognizing the ongoing demand for coal in certain sectors and regions, the company engages in coal trading. By doing so, it ensures a stable supply of coal while adhering to safety and environmental standards, thereby supporting industries that are yet to transition to renewable energy sources.
With a strategic vision towards diversification, Hubei Energy Group offers financial investment services. This initiative not only propels its own growth but also supports other enterprises and projects within the energy sector, fostering innovation and sustainable development across the industry.