During the 14th Five-Year Plan period, CYPC will insist on upholding the new development philosophy, accelerating the establishment of a new development paradigm, and striving to promote high-quality development. In particular, it will actively contribute to the implementation of national strategies, including the Yangtze River Economic Belt, joint protection of the Yangtze River, carbon emission peaking, and carbon neutrality. Furthermore, it will focus more on its main businesses, legal compliance, technological innovation, internal reforms, as well as high-quality development. It will also make comprehensive efforts from multiple aspects such as the industrial chain, energy structure, business model, and development regions, thus further consolidating its leading position in the global hydropower industry, and endeavoring to become a world-class listed company engaged in clean energy with hydropower at its core.
In terms of the industrial chain, the company has expanded from a model focused primarily on power generation to one that simultaneously encompasses "generation, distribution and selling", forming a complete industrial chain.
In terms of energy structure, it has transitioned from single development of hydropower to simultaneous development of hydro, wind, solar and stored energy, thus achieving complementation of multiple energies and establishing an integrated development pattern incorporating hydro, wind, solar and stored energy.
In terms of business model, it has developed from single power source operation and management to the development of integrated smart energy, and expanded its services from power generation to comprehensive services on the user side.
In terms of development region, CYPC continues expanding its businesses to overseas market while consolidating and strengthening its businesses in China.
