SPIC Stock (SPIC)

State Power Investment Corporation Limited(SPIC) was established in May 2015 through the merger of China Power Investment Corporation and State Nuclear Power Technology Corporation. Oriented by incorporating a state-owned capital investment company, SPIC is striving to become a pioneer in SOE transformation by building a new group with high standards and a high starting point. SPIC is one of China's top five power generators, an integrated energy group with power as its core. It has a total installed capacity of 126 GW, including 72.43GW of thermal power, 22.03GW of hydropower, 4.48 GW of nuclear power, 11.66GW of solar power, and 13.73 GW of wind power, with clean energy accounting for 45.14% of the total, demonstrating a distinctive clean development feature. It supplies 422.6 TWh of power and 171 million GJ of heat per annum. It also owns a coal production capacity of 78.6 million tons per year (t/y), aluminum smelting capacity of 2.49 million t/y, and a railway transportation line of 627 km.