Xinjiang Xinneng Group Co, Ltd
( chinadaily.com.cn )
Updated: 2012-05-07
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Xinjiang Xinneng Group Co, Ltd has been constructed with 156 million yuan worth of investment from Xinjiang Power Company and staff workers of Xinjiang Power Company. The staff workers of Xinjiang Electric Power Company hold 61.72 percent of the equities and Xinjiang Electric Power Company keeps the remaining 38.28 percent of stock. The company is comprised of eight wholly-owned subsidiaries, which are: Xinneng Group Power Investment Co, Ltd; Xinneng Information Communication Co, Ltd; Xinneng Property Management Co, Ltd; Xinneng Industry Co, Ltd; Xinneng Supervision Co, Ltd; Xinneng Material Assets Group Co, Ltd, Xinneng Real Estate Co, Ltd; Xinneng Mining Industry Co, Ltd. It also contains three holding companies: Xinjiang Xinneng Xuji Automation Co, Ltd; Xinjiang Xinneng Taikai Electric Co, Ltd; and Xinjiang Dabancheng Wind Power Co, Ltd.
Xinjiang Xinneng Group is a large competitive modern enterprise covering businesses in: investment, financing, insurance brokers, loan guarantees; telecommunications, network infrastructures, information communication, software development; property management; real estate development, housing purchasing; engineering supervision, authentication management, pricing consultation; logistics service; electrical product manufacturing; and minerals development.
By the end of 2004, the group had 970 million yuan in total assets, 350 million yuan owner's equity, 61.93 million yuan net profits, and 0.4 yuan per share earnings.
The group has focused on efficiency and development.
The group has a team of qualified operation talents and scientific researchers who understand business management. It has strengthened itself to attract social attention as a name brand.
Boasting quality products and services, the group has furnished enterprises with valuable services.