Sichuan Energy Industry Investment Group Co., Ltd. (SCEI)is a state-owned capital investment company founded on February 21, 2011, with registered capital of RMB 9.316 billion. Approved for establishment by the Sichuan Provincial People’s Government, the company is an important entity for promoting the construction of energy infrastructures and accelerating the creation of major energy projects in Sichuan.
Since its inception, adhering to its mission of “Developing Energy, Servicing the Society, Improving People’s Livelihood and Making Progress”, SCEI has been an outstanding provincial industrial investment company for equity investment and capital management, having established strategic and cooperative relationships with municipal, prefecture and county governments inside and outside Sichuan Province, international or domestic large and medium-sized enterprises, and scientific research institutions. Maintaining and increasing value of existing assets and substantial growth in new businesses have been realized, and rapid development has been achieved in areas such as traditional energy, new energy and green energy. By the end of December 2015, SCEI has incorporated 170 affiliates, covering the six fields of energy, finance, chemical engineering, trade in services, health and wellness tourism, and new technology and new material, with a total asset of RMB 70.2 billion, net assets of RMB 24.4 billion and sales income of more than RMB 20 billion.
Relying on the development strategy of “Improving Power Grids, Power Source and Gas Fuels, and Developing New Energy”, SCEI has accomplished a large number of high quality projects in the energy industry. While consolidating and hastening the development of the energy industry, the company also realized “Dual Development (industry and finance) and Six-pronged Development (energy, finance, chemical engineering, trade in services, health and wellness tourism, and new technology and new material)" industrial arrangement.