Dongfang Electric Corporation Limited (DNGFF)

Overview

Dongfang Electric Corporation Limited, a key player in the power generation equipment industry, operates both within China and on an international scale. The company, which underwent a name change from Dongfang Electric Machinery Co., Ltd. to its current title in October 2007, was founded in 1993. It is headquartered in Chengdu, People's Republic of China, and operates as a subsidiary of Dongfang Electric Corporation. It has established itself across various segments including Renewable Energy Equipment, Clean and Efficient Energy Equipment, Engineering and Trade, Modern Manufacturing Services Industry, and Emerging Growth Industry. The company's commitment to diversifying its energy sources is evident in its utilization of wind, solar, hydropower, nuclear, gas, and thermal power to generate electricity, demonstrating its significant role in the global shift towards sustainable energy solutions.

Products and Services

• Renewable Energy Equipment:

  Dongfang Electric Corporation Limited invests heavily in renewable energy equipment, providing solutions that harness wind, solar, and hydropower. These technologies are at the forefront of the shift towards sustainable energy, indicating the company's commitment to reducing carbon emissions and promoting renewable energy sources.

• Clean and Efficient Energy Equipment:

  In line with global trends towards efficiency and sustainability, the company focuses on developing clean and efficient energy equipment. This includes advanced nuclear power technologies, gas power systems, and thermal power solutions, all designed to offer more efficient and cleaner alternatives to traditional energy sources.

• Engineering and Trade:

  Beyond manufacturing, Dongfang Electric Corporation Limited extends its expertise through engineering contracting and services, catering to global energy operators. This segment of the business provides comprehensive solutions from project conception to completion, demonstrating the company's capability in delivering large-scale energy projects.

• Modern Manufacturing Services Industry:

  The emphasis on modern manufacturing services underlines the company’s adaptation to the evolving technological landscape. Through this segment, Dongfang Electric leverages cutting-edge production techniques and technologies to enhance efficiency and reliability in power generation equipment manufacturing.

• Emerging Growth Industry:

  Looking towards the future, the company actively explores opportunities within emerging growth industries related to energy generation. This indicates a strategic approach to diversification and innovation, ensuring the company remains at the leading edge of the energy sector.

• Power Generation Units:

  Dongfang Electric boasts an extensive portfolio of power generation units, including a 8,101 MW hydro-generating unit, 25,028 MW steam turbine generators, 3,370 MW wind power units, 23,929 MW power station steam turbines, and 22,017 MW power station boilers. These figures underscore the company's significant capacity in powering communities and industries across the globe.