Shanghai Electric Power Co. Ltd. Public (SHA: 600021) Company Facts Shanghai Electric Power Co. Ltd. was started by Shanghai City Electric Power Company and China Huadong Electric Group Company in 1998. Currently, the company got transferred into a joint venture company with three main shareholders: China Electric Power Company holding 44.74% shares; China Electric Power International Development Co. Ltd. holding 25% shares; China Changjiang Electric Power Shareholding Co. Ltd. holding 10% shares of the company. The company is located in one of China’s electricity shortage areas – Shanghai & Zhejiang region, thus has undoubted geographic advantages. Moreover, the company owns five electric power factories with total capacity of 4.96 million thousand-watt per hour, and has become the largest independent electric power producer in Shanghai. The business strategy of the company is ‘base in Shanghai, facing Huadong (East of Chi...
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