Datang International Power Generation Company Limited ("Datang Power" or the "Company", formerly Beijing Datang Power Generation Company Limited) was incorporated as a joint stock limited company and registered with the State Administration for Industry and Commerce of the People's Republic of China (the "PRC") on 13th December 1994 and transformed to be a sino-foreign joint stock limited company on 13th May 1998. The Company has been renamed to Datang International Power Generation Company Limited on 15th March 2004. As at 31st December 2008, the registered capital of the Company amounted to approximately RMB5.163 billion, with total assets of the Company and its subsidiaries amounting to approximately RMB157.392 billion.
Datang Power was listed in Hong Kong and London on 21st March 1997, raising proceeds of approximately RMB3.7 billion with the issue of approximately 1.431 billion H shares. In 2001, the Company's American Depositary Receipts (ADRs) have been approved to be traded in the U.S. over-the-counter market. In September 2003, the Company issued 5-year convertible bonds of US dollar 153.8 million.
As one of the largest independent power producers in China, Datang Power is engaged in the development and operation of power plants, the sale of electricity and thermal power, and the repair and maintenance of power equipment and power-related technical services. Currently, the Company manages over 50 power generation companies (which it wholly owns or has a controlling interest in, plus other project companies covering 18 provinces throughout the country (municipalities and autonomous regions). The total installed capacity amounted to 25,096.7MW as at the end of 31st December 2008.
