eastern Fujian Electric Power Company Limited was established in December 30, 1998, by the old area Hydropower Development Corporation Fujian Fujian Province, Fujian Electric Power Factory, Fujian Province, Fujian integrated water services company, Fujian Electric Power Survey design and engineering company Ningde five regional power transmission unit to initiate the establishment of a common way of setting up the corporation. In early 2000 the company formally apply to the China Securities Regulatory Commission issued shares in June approved to issue RMB 100 million ordinary shares of A shares, shares issued in July and the successful listing of the funds raised 1.15 billion.

the total share capital of the company's existing 37,300 shares, of which, Ningde State-owned Assets Management Co., Ltd. 53.21%of total share capital; ended December 31, 2008, the company's total assets of 2.502 billion yuan , the net assets of 1.425 billion yuan, asset-liability ratio of 43.9%.

company under the Office of Finance, Human Resources, Investment and Development and Planning Department, the Department of Management, Securities Investment Department, Ministry of Legal Affairs to monitor the audit chamber, Technology and Safety Management Department, Project Management in 10 functional departments; jurisdiction Ningde, Xiapu, Fuan, Fuding, zherong, Pingnan, Shouning, Zhou Ning generation branch, Fujian and hydroelectric power plants nine branches (plants, stations) and Fuan Hydropower Co., Ltd. Lanxi Huang, Dong Sheng Real Estate Co., Ltd. Ningde two wholly owned subsidiaries. Water Co., Ltd. has Ningde, Ningde Ning Hong Kong Water Co., Ltd., Fuzhou Fujian Hotel Co., Ltd., Fujian Muyangxi Hydropower Development Co., Ltd., Wuhan Chu Real Estate Co., Ltd., 5 holding companies; and Fujian Funing ship Heavy Industries Co., Ltd., Xiamen Shipbuilding Industry Co., Ltd., Fujian Shouning Niutoushan Hydropower Co., Ltd., Fujian New World Stone Co., Ltd., Fujian Yanjing Beer Fuding Co., Ltd., Fujian Investment (Xiapu) Wind Power Co., Ltd. six joint-stock companies.

water company's main business is production and development. Now has three medium-sized reservoirs, power plants 21, with a total installed capacity of 306,100 kilowatts, designed annual power generation of about 10.5 billion kwh. One main backbone of the station as follows:

① Fujian Hydropower: put into operation in 1972, with a total installed capacity of 24,000 kilowatts, designed annual generating capacity of 8880 kwh;

② Fuding mulberry plant: electricity production in 1992, with a total installed capacity of 37,500 kilowatts, designed annual generating capacity of 10,800 kwh;

③ Hydropower Co., Ltd. Fuan Huanglanxi: level, the two power plants put into operation in 1997, with a total installed capacity of 36,000 kilowatts, annual generation capacity of 12,575 kwh design;

④ Pingnan training on power plant: electricity production in 2005, the total installed capacity of 22,000 kilowatts, designed annual generating capacity of 8800 kwh;

⑤ Fengyuan Power: The total installed capacity of 80,000 kilowatts, designed annual generating capacity of 192 million kwh, 1 ^# machine was put into operation in April 2008;

⑥ Shouning Niutoushan power plant: The total installed capacity of 10 million kilowatts, designed annual generating capacity of 290 million kwh, the company has a 30%stake.

addition to the main business outside the company's business also involves shipbuilding, water, real estate and other industries. Of which:

① Xiamen Shipbuilding Industry Co., Ltd.: Founded in April 28, 2002, from Fujian Shipbuilding Industry Group Corporation and other five companies established by means of a registered capital of 25 000 million, of which, the company accounted for 32%of the shares. As of December 31, 2008, the company's total assets of 3.09185 billion yuan, net assets of 320.81 million yuan.

② Fujian Funing Shipbuilding Industry Co., Ltd.: Founded in April 12, 2005, the registered capital of 38.52 million yuan, of which 30%of company shares. To December 31, 2008, the company's total assets of 201.74 million yuan, net assets of 38.52 million yuan.

③ Ningde Water Limited: registered capital of 24 million yuan, the company has a 95%stake.

④ Ningde Ning Hong Kong Water Co., Ltd.: Founded in July 2002, registered capital of 46 million yuan, the company has a 70%stake.

⑤ Wuhan Chu Real Estate Co., Ltd.: Founded in April 5, 2002, registered capital of 147 million yuan, of which the company invested 161 million yuan, accounting for 100%of the shares. The company now Hanyang Zhongjiacun development of "Fujian International City" project is a key project Wuhan, the project covers an area of 36.27 mu, total construction area of 170,796.73 square meters, the total cost of about $ 6.5 billion.

⑥ Fuzhou Fujian Hotels Ltd.: The registered capital of 100 million yuan, of which the company accounted for 60.72%stake in Ningde state-owned Assets Investment Management Co., Ltd. and Fujian Energy Investment Company, respectively, accounted for 35.48%and 3.8%of the shares. As of December 31, 2008, the total assets of 120.53 million yuan, net assets of 95.79 million yuan.