CHD annual electricity output tops 550 billion kWh

By the end of December 31, 2018, CHD’s annual electric output topped 555.2 billion kWh, increased by 8.38% year on year and for the first time in history, the figure has passed 550. 0 billion kWh level, making a historical new record.

In 2018, CHD actively coped with disadvantages brought by  continuously rising coal prices and electricity production overcapacity and took initiatives to accommodate changes in market trends, to deepen reform in marketing management system to build one in which different business sectors are horizontally coordinated and which is vertically integrated, and to set up a market-oriented and customer-centered sales system. It integrated and optimized factors like production and operation, took several measures at the same time to promote consumption of power from renewable energies, strove to ensure power supply, and has contributed positively to the nation’s economic and social development.

In 2019, faced with more complicated and severe situation for operation, CHD will continue studying and implementing Xi Jinping’s thought on socialism with Chinese characteristics for a New Era and the spirits of the 19^th CPC National Congress. CHD will also uphold and strengthen the overall leadership leadership of the CPC, and adhere to principle of pursuing progress while ensuring stability, New Development Philosophy, high-quality development, as well as reform and innovation. CHD will continue transformation from indemnificatory supply to increasing effective supply, from scale expansion to performance upgrade, from factor-driven to innovation-driven, and strive to acquire first-class ability of sustainable development, value creation, international business operation, technological innovation, corporate governance and brand influence. It will promote high-quality development to build a globally competitive world-class energy enterprise.