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Development History
February 5

On February 5, LEI Mingshan, Board Chairman of CTG and CYPC, inaugurated the Baihetan Hydropower Plant, marking that Baihetan Hydropower Plant is ready to enter a new stage of power generation.

April 8

On April 8, the Three Gorges Reservoir replenished 10 billion m3 of water to the lower reaches within 115 days, which is equivalent to a water volume of 81 East Lakes in Wuhan. This effectively satisfied the water demand in the middle and lower reaches and ensured the smooth progress of spring ploughing.

May 1

On May 1, CYPC successfully issued the first batch of domestic sustainability-linked bonds.

June 16

On June 16, all twelve 850 MW generating units of Wudongde Hydropower Plant were put into operation.

June 28

On June 28, the first batch of generating units of Baihetan Hydropower Plant, which has the world's first-largest single-unit capacity and the world's second-largest installed capacity, was officially put into operation. President XI Jinping sent a letter to congratulate Jinsha River Baihetan Hydropower Plant on the commissioning of the first batch of generating units. Premier LI Keqiang gave instructions and Vice Premier HAN Zheng attended the commissioning ceremony.

June 30

On July 30, the Gezhouba Hydropower Plant affiliated to CYPC celebrated its 40th anniversary of the commissioning of power generation.

August 31

On August 31, the total output of the 6 cascade hydropower plants in the Yangtze River Basin exceeded 57 GW, setting a new historical record.

September 24

On September 24, Moody's, an international credit rating agency, gave an "A1" issuer rating to CYPC for the first time, with a rating outlook of "stable", which is consistent with China's sovereign credit rating.

September 28

On September 28, the market value of CYPC exceeded 500 billion yuan, hitting a record high and ranking No. 1 in the A-share power sector.

October 31

On October 31, the Three Gorges Project achieved the 175-meter water storage target for the first time since it entered the normal operation period.

December 21

On December 21, CYPC's first cross-cultural integration film "HOLA" won the "Overseas Popularity Award" in the 3rd "Belt and Road Initiative" Hundred Countries Imprint Short Video Competition.

December 30

On December 30, CYPC Sales Co., Ltd. (hereinafter referred to as the Sales Company) was inaugurated in Shanghai, which represents a major strategic deployment of CYPC to actively adapt to the reform of the electric power system and face market development opportunities.

December 31

On December 31, the annual cumulative power generation of the 6 cascade hydropower plants operated by CYPC reached 262.883 TWh, of which the Three Gorges Hydropower Plant had an annual cumulative power generation of 103.649 TWh, breaking the record of 100 TWh for the third time and marking a historical record in power generation set by the world's largest Clean Energy Corridor.