CHN Energy has been officially recognized as a world-class enterprise at the 7th China Enterprise Forum, hosted by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. This achievement strengthens the company's position and influence within the global energy sector.
This announcement marks the first release of benchmark evaluation results since the SASAC identified two groups of world-class demonstration enterprises in 2018 and 2023. The comprehensive evaluation system encompasses 11 industries and assesses performance based on 5 primary indicators: competitiveness, innovation capacity, control capability, influence and risk resistance, further broken down into 18 secondary and approximately 50 tertiary indicators.
Since its restructuring, CHN Energy has focused on strategic leadership, value creation, reform and innovation, and modern governance. The Group's vision is to become a leading global provider of clean, low-carbon energy technology, distinguished by excellent products, a strong brand, innovative leadership and modern governance, as well as a top state-owned capital investment company. In 2024, the Group achieved significant results across its coal, power, transportation and chemical businesses. Its coal sales, power generation, heating supply and railway freight volume represent significant portions of the national totals--one-sixth, one-eighth, one-eighth and one-ninth, respectively. Its installed new energy capacity exceeded 120 million kilowatts, with renewable energy comprising over 40% of its total installed capacity, achieving its 14th Five-year Plan renewable energy target a year ahead of schedule.
CHN Energy continues to prioritize research and development, fostering both technological and management innovation to build a strong competitive advantage. The Group is actively exploring diverse applications of renewable energy across various sectors, including industry, transportation, construction and agriculture, driving a green and low-carbon transition.
This recognition as a world-class enterprise provides a strong foundation for CHN Energy's future growth. The Group remains committed to enhancing its core competitiveness and sustainability, contributing to global energy security and sustainable development.
