GD Power Development Company, or Guodian Power Development Company, the

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

China Guodian Corporation China Guodian Corporation (Guodian; ) is one of the five largest power producers in China, administrated by SASAC for the State Council. It is engaged in development, investment, construction, operation and management of power plants and power g ...

, engages in the generation and supply of electric power and heat. It was founded in 1992 and was listed on the

Shanghai Stock Exchange The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock ...

in 1997. It is headquartered in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

, China. On August 28, 2017,

SASAC The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the State Council of the People's Republic of China. It was founded in 2003 through the consolidation of various other indus ...

announced that China Guodian Corporation and Shenhua Group will be jointly restructured. Shenhua Group will become China Energy Investment Corporation and will absorb China Guodian Corporation.

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GD Power Development Company
{{authority control Companies listed on the Shanghai Stock Exchange Government-owned companies of China Electric power companies of China Energy companies established in 1992 Chinese companies established in 1992