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China Power Finance Co. Ltd. (“CPFC”)  
With its headquarters in Beijing, CPFC is formed by the State Power Holdings Co. Ltd. together with its 47 power companies located in various provinces (cities and municipalities). It has a registered capital of Rmb 1.822 billion, and up to 2001/09, its consolidated assets reached Rmb 64.4 billion, and maintains a working force of 700 staff. Amongst similar financial institutions, it scored No. 1 ranking in terms of: amount of capital, total profit, return on equity, total consolidated assets, headcount, and quality of staff. Business is conducted in strict adherence to the company's principle "to conduct business legally, to progress with prudence, to deliver excellent service, and to manage in strict compliance", and hence, enormous attention is paid to managing budget, implementing cost control, enhancement of information technology, building corporate culture, strengthening financial risk management, continuously improving relationships in all respects between growth and compliance, relationship between employer employee, relationship between human resources and quality of staff, relationship between wealth and honesty, relationship between personal conduct versus business conduct. It also actively creates a relaxing environment to promote development, and fully exhibits its strength amongst the power industries to be a financial center, a funding center and a window to external financial market. Its mission is to provide excellent service quality, excellent management standard, and to be an efficient finance company.
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