SPIC has been a Fortune Global 500 company for five consecutive years, ranking the 342nd in 2016. It has a registered capital of RMB 45 billion (USD 6.49 billion), total assets of RMB 876.1 billion (USD 126.3 billion) and employees of 140,000. It holds nine listed companies and public limited companies, two of which are red chip companies traded in Hong Kong while five offer A-shares in mainland China. SPIC attained profits of RMB 13.21 billion (USD 1.9 billion) in 2016, ranking the first among China's top five power generators in terms of net profits.
AVZ Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held