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Development History
February 22

CYPC, Fuling Energy Industrial Group Co., Ltd., and three other corporations jointly invested RMB 100 million to establish the Chongqing CYPC United Energy Co., Ltd.

March 1

The accumulative power generation of Three Gorges HPP reached 1,000 TWH.

April 15

Chongqing CYPC United Energy Co., Ltd. was listed into the second batch of national pilot projects of mixed ownership reform.

May 24

Significant breakthrough was made in the “Scientific Research Program of Key Maintenance Technologies for 500 kV Gas Insulated Metal-enclosed Power Transmission Line (GIL)” led by the Overhaul and Maintenance Factory of CYPC, which symbolized the successful R&D method for 500 kV GIL alumni alloy pipeline flaw detection and welding, filling in the blank of national industry.

September 25

CYPC successfully completed the first session of redeeming of China’s corporate bonds (“07 CYPC bonds”) at maturity.

November 1

Full-closed management was officially implemented for Gezhouba Hydropower Complex on the land field which symbolized the end of 36-year history of “taking dam as road”.

November 22

The closing stock price of CYPC was RMB 17.27 with a total market capitalization of RMB 379.94 billion which created a new height.

December 31

The accumulative power generation of cascaded hydropower plants of CYPC in 2017 reached 210.893 TWH, creating a new record in generation, among which, Three Gorges HPP accounted for 97.605 TWH, Gezhouba HPP 19.052 TWH, Xiluodu HPP 61.391 TWH and Xiangjiaba HPP 32.845 TWH.