Sichuan Provincial Investment Group Co.,Ltd.

Company profile

Sichuan Investment Group Co.,Ltd. (SIGC)

is a major investment body for Sichuan Provincial Government,the authorized state-owned operation group and key construction project financing body.founded in 1988,and renamed to be Sichuan Investment Company in 1991 and then reorganized to be a group company in 1996.
    SIGC through over ten years’development,has constructed the productive layout mainly based on energy,and on basic installations,raw material industry and tertiary industry as well.In terms of eneygy industry,SIGC stock-controlling and equity participated installed capacity is 10.58 million kilowatts,amounting for about 41% of the total installed power capacity in Sichuan,and raw coal capacity of 1.20 million tons.200 thousand tons of iron alloy,120 thousand tons of phosphorus,80 thousand tons of trimeric sodium phosphate,100 thousand tons of polyester,40 thousand tons of adhesive filament viscose filament yarn.it has invested and founded national artery and local railway of over 1000 kms;participated Shuangliu International Airport Reconstruction and digital communication over the province as well as optical fiber project construction;purchased the charge road of 740 kms,can make daily supply of 200 thousand tons,gas supply of 70 thousand cubic meters.And in regard of the tertiary industry,guided by real estate development and international trade, Annual operating scale reached 1 billion ,Especially through appropriate intervention areas of real estate,the development area of over 80 thousand square meters.the company has made new economy as its new economic growth point.
    SIGC has over 10 wholly owned subsidies,including Bashu Power Company , Sichuan Chuantou Emei Ferroalloy Company and Sichuan Jiayang Group Company etc.,over 12 stock holding companies,including Ertan Hydroelectricity Development Company,Chuantou Power Company (600674.SH),etc;and a number of large and medium sized equity participated enterprises,indluding Tingzikou Project,Bank of Communications,Tianhua Company and Sichuan Polyester Company,etc.SIGC had a total capital of 55.7 billion RMB by the end of 2006,and is the largest company of Sichuan Province.
    According to national and “Eleven Fifth”development programming,SIGC based on the “Industry strengthening province”strategy and decided the middle and long period development goal and “Eleven Fifth”development programming.And SIGC made certain 40 main investing items by taking the “Seven water,Three fire” as emphases.(Jinping,Guandi,Tongzilin,Lianghekou,Zipingpu,Tianwan River,Liqiu River etc Hydraulic Power Plants and Jiangyou,Lvzhou and Fuxi Thermal Power Stations);and the item investment total amount is 170 billion Yuan(Investment of company rights and interests proportion is 85 billion Yuan) and the investment total amount of statutory capital is 100 billion Yuan) .After established these items and putting into producing,in 2010,Group control stock electric power total amount will reach 10.5 million kw,the total capital total amount will reach 100 billion Yuan,sale income will reach 13 billion Yuan and the profit total amount will reach 1.2 billion Yuan. SIGC will achieve the grand goal of capital total amount,sale income and profit total amount which will increase twice within five years.We will develop as the national resource investment enterprise and leading enterprise group of Sichuan basic industry and achieve new contribution for the new span of Sichuan economy and “Industry starting province,industry riching province and industry strengthening province”.