Ningbo Energy Group (600982) Stock Overview

Ningbo Energy Group Co.,Ltd., together with its subsidiaries, engages in the power generation activities in China. It operates coal-fired power plants, coal-fired gas-fired thermal power plants, hydroelectric, and renewable energy power plants. The company is also involved in the cogeneration of heat and power, biomass power generation, pumped storage power generation, bulk commodity trading, and energy storage management; provision of bulk commodities, such as steam and electricity, coal, refined oil, and asphalt; heat supply activities; financial leasing; waste disposal; waterway transportation; provision of technical, energy management, and warehouse logistics services; technology research and development; fuel sales; and construction and operation of urban energy infrastructure. The company was formerly known as NINGBO THERMAL POWER CO.,LTD. and changed its name to Ningbo Energy Group Co.,Ltd. in December 2020. Ningbo Energy Group Co.,Ltd. was founded in 1994 and is based in Ningbo, China.