GD Power Development

GD Power Development, also known as Guodian Power Development Company, is a Chinese electricity and heat-supply company headquartered in Beijing. Its principal business is the generation and supply of electric power, together with heat supply and related energy activities. The company was established in 1992 and became a publicly traded company on the Shanghai Stock Exchange in 1997, giving it a listed platform for power-sector investment and operations. GD Power Development was historically associated with China Guodian Corporation, one of China's major state-owned power groups. In 2017, China's State-owned Assets Supervision and Administration Commission announced the joint restructuring of China Guodian Corporation and Shenhua Group. The restructuring resulted in the creation of China Energy Investment Corporation, with Shenhua Group becoming the surviving group entity and absorbing China Guodian Corporation. GD Power Development consequently became part of the China Energy Investment Corporation group structure. The company operates within China's highly regulated electricity industry, where generation assets, grid relationships, fuel supply, environmental requirements, and national energy policy shape its activities. Public reference material identifies electricity generation and heat supply as its core business areas, but does not provide enough reliable information here to describe a complete current generation portfolio, regional asset mix, capacity profile, revenue composition, or consumer-facing product architecture. Its brand is therefore best understood as the listed corporate identity of a large state-linked Chinese power producer rather than as a consumer brand. The available reference material confirms its founding, Shanghai listing, Beijing headquarters, core power-and-heat activities, and connection to the post-2017 China Energy Investment Corporation group, while details about current executives, specific plants, operating subsidiaries, financial performance, and recent strategic initiatives require further verification from authoritative company filings.

GD Power Development was established in 1992 as a Chinese power-sector enterprise focused on electricity generation and supply, with heat supply forming part of its related business scope. Its development took place within China's state-influenced electricity industry, where large generation companies operate under national energy policy, public-ownership structures, regulatory supervision, and relationships with the country's electricity system. The company later became publicly listed on the Shanghai Stock Exchange in 1997 under ticker 600795.SS. The listing gave GD Power Development a separate capital-market identity while it remained connected to the broader state-owned power-group system. For much of its documented corporate history, GD Power Development was associated with China Guodian Corporation. China Guodian was one of China's major state-owned power enterprises, and GD Power Development served as a listed power-generation company within that broader corporate environment. The company's identified activities include the generation and supply of electric power and the provision of heat. The available reference material does not establish a complete chronology of individual plants, regional expansions, fuel mix, capacity additions, or changes in operating performance, so those details are not stated here. A major organizational turning point came in 2017. On August 28 of that year, the State-owned Assets Supervision and Administration Commission announced the planned joint restructuring of China Guodian Corporation and Shenhua Group. The restructuring combined the two large state-owned energy groups under China Energy Investment Corporation. Shenhua Group became the surviving group entity and absorbed China Guodian Corporation. As a result, GD Power Development became part of the China Energy Investment Corporation group structure rather than remaining solely associated with the former China Guodian organization. The restructuring placed GD Power Development within a larger integrated energy group and represented a significant change in its parent-group context. Its core identity, however, remained that of a listed Chinese electricity and heat-supply company. The available sources do not provide sufficient verified information for a detailed account of subsequent management changes, new generation projects, technology programs, financial results, environmental initiatives, or brand campaigns. Further research using company annual reports, stock-exchange disclosures, and China Energy Investment Corporation materials would be needed to complete the company's post-2017 history.

• 2017

  China Guodian and Shenhua restructuring announced

  [1]GD Power Developmenten.wikipedia.org

  SASAC announced the joint restructuring of China Guodian Corporation and Shenhua Group, leading to the formation of China Energy Investment Corporation and changing GD Power Development's group affiliation.

• 1997

  Shanghai Stock Exchange listing

  [1]GD Power Developmenten.wikipedia.org

  The company became publicly listed on the Shanghai Stock Exchange.

• 1992

  Company founded

  [1]GD Power Developmenten.wikipedia.org

  GD Power Development was established in China as a company engaged in electricity generation and supply, with heat supply among its related activities.

A large state-linked Chinese power-generation and heat-supply company operating within the national electricity sector.

• Electricity

  Electric power generation

  Electricity generation is GD Power Development's principal identified business. The company operates as a power-sector enterprise supplying generated electricity within China's regulated electricity system. The available reference material does not specify the company's current generating technologies, plant portfolio, geographic distribution, or installed capacity.

• Electricity

  Electricity supply

  GD Power Development is described as engaging in the supply of electric power in addition to generation. This activity forms part of its role in China's electricity industry, although the available sources do not distinguish the precise commercial, regional, or contractual structure of its supply operations.

• Heat

  Heat supply

  Heat supply is identified as a related business of GD Power Development. It represents the company's participation in heat-related energy services alongside electricity generation and supply. Specific district-heating networks, customer groups, facilities, and geographic markets are not documented in the supplied references.

• 2026

  Subsidiary fined by energy regulator over inaccurate hazard inspection

  Guodian Power subsidiary Heyu Hydropower Development Company was fined 50,000 yuan by the Northeast Energy Regulatory Bureau for failing to truthfully record accident hazard inspection and governance and failing to notify employees. Rectification.

  Source

• 2022

  Former China Guodian deputy GM Xie Changjun sentenced to 17 years for bribery

  Xie Changjun, former deputy general manager of China Guodian Group, the parent company of Guodian Power, and a "wind power flag-bearer" who long headed Longyuan Power, was sentenced to 17 years in prison for accepting bribes, illegally benefiting relatives and friends, and abuse of power. The 2015 central inspection also pointed out that corruption was frequent in areas such as coal procurement and bidding at Guodian Group. Anti-corruption in the Guodian system.

  Source

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• 2017

  Integration into China Energy Investment CorporationM&A

  Background

  SASAC announced a joint restructuring involving China Guodian Corporation, the group historically associated with GD Power Development, and Shenhua Group.

  Action taken

  The restructuring created China Energy Investment Corporation, with Shenhua Group becoming the surviving group entity and absorbing China Guodian Corporation.

  Aftermath

  GD Power Development became part of the China Energy Investment Corporation group structure. The supplied sources do not quantify any subsequent financial, operational, or asset-level effects.

  Source

• 2020.02.04

  Reported2020.02.04

  Liu Yan appointed Guodian Power party committee deputy secretary[6]刘焱任国电电力党委副书记finance.sina.com.cn

  Guodian Power stated that, under a State Energy Party document, Liu Yan was appointed deputy secretary of its party committee.

• 2020.02.04

  Reported2020.02.04

  Guodian Power deputy general manager resigns[6]刘焱任国电电力党委副书记finance.sina.com.cn

  Guodian Power announced that Jia Jilin resigned as deputy general manager for work-related reasons and would hold no further position at the company.

• Unconfirmed

  Reported2019.09.25

  Ningxia Solar applies for bankruptcy liquidation[7]宁夏太阳能申请破产清算finance.sina.com.cn

  Guodian Power's board agreed that its subsidiary Ningxia Solar apply to the court for bankruptcy liquidation, citing prolonged suspension of operations, continuing losses, and insolvency.

• 2019.09.23

  Reported2019.09.26

  Guodian Power subsidiary seeks bankruptcy liquidation[8]国电电力子公司申请破产清算finance.sina.com.cn

  Guodian Power announced that its board approved a proposal for its wholly owned subsidiary, Guodian Ningxia Solar Energy Co., Ltd., to apply to the people's court for bankruptcy liquidation as a debtor.

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1. 1GD Power Developmenten.wikipedia.org
2. 2GD Power Development Companywikidata.org
3. 3國電電力發展股份zh.wikipedia.org
4. 4Former China Guodian deputy GM Xie Changjun sentenced to 17 years for briberyjiemian.com
5. 5Subsidiary fined by energy regulator over inaccurate hazard inspectionnfj.nea.gov.cn
6. 6刘焱任国电电力党委副书记finance.sina.com.cn
7. 7宁夏太阳能申请破产清算finance.sina.com.cn
8. 8国电电力子公司申请破产清算finance.sina.com.cn
9. 9电力央企加速处置不良资产 国电电力子公司申请破产finance.sina.com.cn