With the approval by the State Council, China Huaneng Group (CHNG) has been reorganized into a Central-Government-administered state-owned enterprise on the foundation of its predecessor. CHNG is a state-authorized investment entity and a trial enterprise of state-holding corporations.
In accordance with the mandate of the nation's power sector reform instituted by the State Council, CHNG conducts business independently and bears the full responsibility of profits and losses. CHNG is an incorporated business entity primarily focusing on the development of power with a diversified business portfolio.
CHNG restructured its wholly-owned, holding and minority-share enterprises into regulated enterpri
