Gd Power Development Maintains Top AAA Credit Rating from CEC for 18th Consecutive Year

Deep News
Jan 07

On January 4, it was learned from the China Electricity Council that in the fourth batch of initial and re-evaluated corporate credit assessments for the power industry in 2025, Gd Power Development Co.,Ltd. once again achieved the highest AAA rating. Since its first participation in the initial evaluation in 2008, the company has maintained this top credit rating for 18 consecutive years, laying a solid credit foundation for promoting its stable operation and sustainable development. The company actively encourages its subsidiaries to participate in credit evaluation activities, using the assessments to drive construction, improvement, and optimization, thereby enhancing the credit management capabilities of the group's power sector. To date, a cumulative total of 18 subsidiaries have participated in the credit evaluations, with 15 of them achieving ratings of AAA- or higher. Both the company's headquarters and its subsidiaries have actively taken part in the CEC's professional competency level evaluation training for credit managers, with 31 individuals obtaining the "Credit Manager" certificate, enriching the company's reserve of credit management talent.

The list of CEC credit ratings for subsidiaries of Gd Power Development is as follows: 1. Guoneng Jinjie Energy Co., Ltd. (AAA), 2. Guoneng (Suizhong) Power Generation Co., Ltd. (AAA), 3. Guoneng Sanhe Power Generation Co., Ltd. (AAA), 4. Guoneng Guohua (Beijing) Gas-fired Thermal Power Co., Ltd. (AAA), 5. Gd Power Development Shanxi New Energy Development Co., Ltd. (AAA), 6. Guodian Hefeng Wind Power Development Co., Ltd. (AAA), 7. Gd Power Development Ningxia New Energy Development Co., Ltd. (AAA), 8. Gd Power Development Zhejiang Zhoushan Offshore Wind Power Development Co., Ltd. (AAA), 9. Gd Power Development Shandong New Energy Development Co., Ltd. (AAA), 10. Guodian Ningbo Wind Power Development Co., Ltd. (AAA), 11. Gd Power Development Hunan New Energy Development Co., Ltd. (AAA), 12. Gd Power Development Taibus Qi Wind Power Development Co., Ltd. (AAA), 13. Guodian Jiantou Inner Mongolia Energy Co., Ltd. (AAA-), 14. Qinhuangdao Power Generation Co., Ltd. (AAA-), 15. Gd Power Development Yunnan New Energy Development Co., Ltd. (AAA-), 16. China Energy Investment Corporation North China Power Co., Ltd. Langfang Thermal Power Plant (AA+), 17. Gd Power Development Jiangxi New Energy Development Co., Ltd. (AA+), 18. Guoneng Huaian Thermal Power Co., Ltd. (AA).

The list of individuals who obtained the CEC Credit Manager certification in 2025 is as follows: 1. Zhe Xinwei (Inner Mongolia Comprehensive Energy), 2. Li Jianuan (Zhoushan Offshore Wind Power), 3. Tong Daolong (Jiangxi New Energy), 4. Li Peiying (Henan Branch), 5. Yang Fangfang (Tangshan New Energy), 6. Chen Xuejiao (Shandong New Energy), 7. Zhang Guohui (Shandong New Energy), 8. Niu Xiuping (Beijing New Energy), 9. Lan Gang (Fujian New Energy), 10. Zhang Mengjie (Huaian Thermal Power), 11. Zhang Haoyu (Beijing Gas-fired Thermal Power).

As a central state-owned enterprise-controlled listed company, Gd Power Development fully integrates the achievements of its compliance construction efforts, applying legal and compliance thinking to promote the integrated advancement of credit and compliance. It has built a distinctive credit management system, advancing key tasks such as establishing credibility through safety, enhancing trust through compliance, gaining trust through transparency, disseminating trust through collaboration, promoting trust through law, and protecting trust through defense mechanisms. The company has developed a "135" plan task breakdown table for its credit system, forming the "Gd Power Development Credit System Construction '135' Implementation Plan (2025-2029)". This aims to strengthen the willingness to honor commitments, enhance the capability to do so, improve performance in honoring commitments, establish and健全 a sound corporate credit management mechanism, effectively prevent credit risk, and elevate the company's credit management level.

In 2025, following the requirements of the parent group, Gd Power Development conducted research on credit management topics, resulting in the research report "Theoretical Innovation and Practical Exploration of Credit System Construction and Evaluation Methods for Power Production Enterprises," and formulated the "China Energy Investment Corporation Subsidiary Enterprise Credit Self-Evaluation Indicator System." The research outcomes are intended to provide theoretical support and practical guidance for the credit system construction of power production enterprises, offer a replicable framework model for industry credit governance, promote the deep integration of the power industry's credit construction with national strategies, and inject credit momentum into energy security and the high-quality development of the economy and society.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10