Company Profile

Guangzhou Development Group Incorporated, together with its subsidiaries, engages in the integrated energy business in China and internationally. The company operates through six segments: Coal-Fired Power Generation and Heating; Natural Gas Power and Heat; New Energy and Energy Storage; Gas; Energy Logistics; and Others. It is involved in the development, investment, construction, and operation management of energy projects; new energy power generation, energy storage, and electricity sale and services; and upstream gas source investment and procurement, midstream transportation and receiving, and downstream distribution and sales, as well as urban gas pipeline construction. The company also engages in the investment and operation of coal, oil, ports, shipping, and hazardous chemical storage, as well as leasing oil tanks and supporting facilities; and provision of energy finance services. In addition, it is involved in asset management; aerated concrete; management services; photovoltaic and wind power electricity generation; sewage treatment; port loading and unloading; warehousing; gas meter production; sale of coal; agricultural product sale; coastal cargo transportation; and electricity, heat, gas, and water production and supply. The company was incorporated in 1997 and is based in Guangzhou, China. Guangzhou Development Group Incorporated operates as a subsidiary of Guangzhou Industrial Investment Holdings Group.