Category: Money tips Release Date: 2006-11-14
Shaonenggufen (000,601 market, information, reviews, search) has a notice in January 19 with the Shenzhen Energy Group Co., Ltd. signed an agreement, the two power companies have begun in Guangdong co-operation established. The two sides agreed to play their respective advantages and the surrounding areas in Shaoguan in the development and construction of hydropower projects and acquisitions, "the big-generation small" thermal power projects, water and sewage treatment industries, resource development and infrastructure construction to strengthen cooperation.
Integration of assets have become increasingly active
This is the latest series of Guangdong Province, the local power assets reorganization and acquisition, and cooperation as part of joint initiatives. Prior to the introduction of Huaneng Power Group Guangdong co-operation, Yangtze Power stake in Guangzhou Holding. Guangdong province's power assets reorganization acts of why it is so active, we believe, are the following reasons.
First, the prospects for deepening the power system so that the largest power companies have to find the strongest path. In November last year, a State Council executive meeting examined and approved in principle "on the" Eleventh Five-Year "to deepen the implementation of the power system reform opinions" that ease the contradiction between supply and demand in the power of the favorable situation, the "Eleventh Five-Year" period, focusing on the power system reform to solve the power structure is irrational, to accelerate the building of the electricity market, focused on building a unified national conditions and open electricity market system, the formation and the market economy compatible pricing mechanism. Bidding for the future driven by the overall competition in the electricity market environment, the power companies will have to re-examine the cost, size, strength, the strengths and weaknesses. Five Power Generation Group has been accounted for half of power generation assets, particularly in new projects, big projects approved on the local power companies greater than the advantages. Local Electric Power Group is changing the pattern of a number of local power groups or to find the strength and the Central Electric Power Group cooperation or integration of local power assets, optimization and. Prior to the introduction of the deep can Huaneng Group has adopted and is prepared through the private placement as a whole in the A-share market, thereby strengthening the overall strength and capital operation ability. The cooperation and the future can be predicted with Shaoneng Group to build further cooperation for its strong local power groups goal is to have a positive meaning.
Second, state-owned enterprises in Guangdong province's reform policies led to the strategic restructuring of corporate behavior. By the end of October 2005, the Guangdong provincial government issued "Regulations on the decision to deepen the reform of state-owned enterprises", commonly known as "the reform of 28 state-owned enterprises in Guangdong," clearly pointed out: the reform of state-owned enterprises in Guangdong have reached a critical stage, the state-owned shares to change the "one share dominance "in the status quo, establish a modern enterprise system, the formation of new institutions and mechanisms, the core of reform and property rights system, a breakthrough structure of property rights, one is to achieve diversification. "Decision" clear goal of deepening the reform of state-owned enterprises in the province the next five years, the focus on new breakthroughs in state-owned enterprise reform, the completion of a new round of strategic restructuring of state-owned economy, and strive to create a number of operating income Than 1,000 billion state-owned enterprises "aircraft carrier" , a group operating revenue of over 10 billion yuan of corporate groups and with core competitiveness, "singles title." The local power companies in Guangdong co-operation can also be seen as the province's enterprises is an integral part of the strategic reorganization.
Economic expansion of fire and water phase space
Shaonenggufen and deep can be that although the group are in Guangdong Province, one in the northern part of Guangdong, one in Shenzhen, not much contact. Shaonenggufen is a more representative of small and medium hydropower companies, relatively robust, and the company more involved in business, the main industry in the power accumulated over the years although the form of hydropower investment and management experience, but there is no scale advantages.
Shaonenggufen by vigorously develop hydropower business is just deep to the Group more than only a lack of power sector development strategy, and it is deep to the cooperative in the process of group valued. Shaoneng public financing are to invest in electricity and water since the previous business, the recent development of the issuance of not more than 1.5 billion shares, plans to raise funds by about 5 million, to continue to invest in the construction of a large undercurrent eddy Tan, Jing Village, on the Fort and other hydropower stations, the company is committed to water main and stronger strategic thinking are very clear, also in line with policy and international development trends. Company hydroelectric generating 374.61 thousand kilowatts, in the construction of the project in 2007 large undercurrent eddy Tan power station a total of 12 generating units at 3 kilowatts, Yasushi village power plant 2 million KW will be put into power generation and put into operation by the end of 2006 Lei Yang, and comprehensive utilization of power plants in their homeland of 6 07 MW unit will be created with the 2008 full-year benefits. Installed capacity in operation in 2007 will reach 884.6 thousand kilowatts, an increase of 18%.
In the meantime, Shaonenggufen has its bottleneck in the development, which is currently running the 744.61 thousand kilowatts in installed capacity, 37 million kilowatts of small thermal power units, including a 20 Wanqian Wan unit and a new power plant transformation Chenxi Chen Sen , Lei Yang comprehensive utilization of power plants, and their homeland were considerably smaller than the size of comprehensive utilization of stand-alone power plants, Total 17 million kilowatts a comprehensive energy unit, the main fuel for the gangue. Be able to share with deep co-operation can be fully absorbed deep in the "great generation of small" aspects of experience in carrying out the transformation of small thermal power units of work. In addition, the geographical restrictions Shaonenggufen to bring the project constraints and size limits, as well as funding constraints allow the company can not develop large power projects, with deep-group cooperation can be in a larger space to develop the power the main industry, will further accelerate the the pace of company's power business to expand.
For the deep to the Group, the adoption of the overall restructuring and the future market, the electricity market in southern China has been the formation of the management system advantages, advantages and power structure of edge capacity. The group's efforts to improve power supply structure and build a complete industrial chain of the power process, with the Shaonenggufen's "fire and water relative to economic" type of cooperation is of special significance.
