Is TBEA a state-owned enterprise or a private enterprise?

TBEA is a private enterprise. TBEA refers to TBEA Co., Ltd., which is a leading enterprise in the electrical and energy equipment industry in China. Originated from 1993, it started as a wire and cable transformer. It is the first listed company in China transformer industry. After years of development, TBEA has become a system solution provider for the global energy industry, covering power transmission and transformation, new energy, traditional energy and other fields.

Business office area

Power transmission and transformation business: including the production and sales of power transmission and transformation products such as R&D, transformers, wires and cables, and the general contracting business of international power transmission and transformation projects. The annual output of TBEA transformer has reached 260 million KVA, ranking first in the world.

New energy business: mainly involves the production and sales of polysilicon, inverters, SVG and other products, and provides comprehensive energy solutions such as design, construction, commissioning, operation and maintenance for photovoltaic and wind power stations. In addition, TBEA also operates wind energy and photovoltaic power plants, and actively participates in new energy silicon materials and other businesses.

Traditional energy business: including coal mining and sales, as well as the production and sales of electricity and heat.

TBEA faces the world with an open mind, and seeks win-win cooperation with global dominant enterprises in three major industries: power transmission and transformation, new materials and new energy. TBEA promotes the pace of enterprise globalization with an international vision, realizes the globalization of talents, organizations, production, marketing, services and markets, and promotes the sustainable development of China and even the world economy.

Company size and financial performance

TBEA has developed into a leading enterprise in the global power transmission and transformation industry, and has several domestic manufacturing industrial parks and overseas bases. On April 8, 2024, TBEA announced that the company achieved operating income of 9.810.23 billion yuan in 2023, a year-on-year increase of10.79%; The net profit of returning to the mother was 65.438+0.0703 billion yuan, a year-on-year decrease of 32.75%; The basic earnings per share is 2.3888 yuan.

Corporate honor and social responsibility

National Science and Technology Progress Special Prize, National Science and Technology Progress First Prize, National Science and Technology Progress Second Prize, China Industry Award, National Advanced Grassroots Party Organizations, National Pioneer Party Organizations, National Civilized Units, National May 1 Labor Award, National Worker Pioneer, The Export-Import Bank of China "Two Excellent" Loan Best Executive Enterprise Award, Luban Award, National Green Factory, National Youth Civilization, National Advanced Collective of Machinery Industry, and National Youth Safety Production. The company also actively fulfilled its social responsibilities and devoted itself to public welfare undertakings, and was awarded the title of "National Advanced Collective for Poverty Alleviation" by the CPC Central Committee and the State Council.

Business purpose of the enterprise

TBEA has always adhered to the business purpose of "satisfying customers, reassuring employees and reassuring shareholders", fully implemented Scientific Outlook on Development, enhanced the capability of independent innovation, provided basic equipment guarantee for building an innovative country, a conservation-oriented society and sound and rapid development of the national economy, persisted in serving the global energy industry and human progress, and built a global reliable service provider.