The company was formed by merging the former Hubei Qingjiang Hydropower Investment Company and the Hubei Electric Power Development Company in February 2005, and is a wholly state-owned enterprise. In 2007, equity diversification was achieved through the introduction of strategic investment in Yangtze River Electric Power. As an energy security security platform for Hubei Province and a comprehensive energy development platform for group companies, the company has formed a “6+1" business segment for hydropower, thermal power, nuclear power, new energy, natural gas, coal and finance, initially built two major power energy bases in Exi Hydropower and Edong Thermal Power, and is actively building a coal and natural gas supply guarantee network. It is a listed company with the most comprehensive range of energy businesses in China. The company's main business is energy investment, development and management. The main businesses it engages in or invests in include hydropower, thermal power, new energy power generation, nuclear power, natural gas distribution, coal logistics trade, and financial investment. The company's products mainly include electricity, natural gas, coal trade, heat and others. Corporate honors: The company has successively won honorary titles such as “National May 1st Labor Award”, “National Outstanding Grassroots Party Organization”, “China's Top 500 Service Enterprises”, “Hubei Top 100 Industrial Enterprises”, “Hubei State-owned Enterprise Reform Advanced Unit”, “Hubei Province's Contract-abiding and Credit-worthy Enterprise”, “Excellent Enterprise for the 30th Anniversary of Hubei State-owned Enterprise Reform and Development”, and “Best Civilized Unit in Hubei Province”.