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China Warer Resources and Hydropower Construction Group Corporation
中国水利水电建设集团公司

  China Water Resources and Hydropower Constructing Group Corporation is a state- owned enterprise approved by the State Council and organized on the foundation of China Water Resources and Hydropower Engineering Construction Company and relevant enterprises under the former State Power Corporation of China. Its main membership includes 23 solely-owned enterprises and 2 stock-holding enterprises.
  The Group Corporation is mainly engaged in overall contracting, investigation and design, construction, consultancy and supervision of water resources and hydropower projects. Its registered capital is tentatively fixed at 2000 million yuan and total assets amount to 13,900 million yuan. Assets revaluation and capital verification shall not be conducted.
  The Group Corporation is under the charge of central competent department. Its asset management and relevant financial relationship are directed by the Ministry of Finance. It exercises a president responsibility system. According to the stipulation of the Interim Regulations Concerning Board of Supervisors to State-owned Enterprises, the State Council appoints a board of supervisors for major state-owned enterprises to the Group Corporation to supervise the value maintaining and adding of its state-owned assets.
  With the consent of the State council, the Group Corporation shall exercise capital contributor‘s rights to the state-owned assets and stock rights formed by the State investment and owned by the Group Corporation and it shall perform operation, management and supervision and undertake corresponding responsibilities for value maintaining and adding. And the Group Corporation shall do on its own all the businesses under the macroscopic control and inspection of the State.
  The Group Corporation‘s assets and financial relationship are independently registered in the Ministry of Finance. All resources and production and operating conditions needed by the Group Corporation to complete the state tasks, being within the scope of the State unified appropriation, shall be independently listed in the relevant plan of the State and uniformly organized to implement Corporation. Group
  The leadership is administered by the State and the leading group is composed of one president, Mr. Guo Jiantang, four vice-presidents, Mr. Liu Qitao, Mr. Liu Jingdi, Mr. Fu Yuanchu and Mr. Yuan Bosong, one headman of discipline inspecting group, Mr. Tang Sujun, one chief accountant, Mr. Chen Bin.

 

 
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