Harbin Power Plant Equipment Corporation (“the Group”) was developed based on six of 156 key construction projects supported by the former Soviet Union during the first Five-year Plan period. Through hard work during past half century, “three power works” have become the biggest production and export base for power generation equipment, warship driving devices and complete set of power equipment and is one of 55 key state-owned enterprises which are vital to the state security and civil economy.
The new development started from the opening-up of China. The Group gradually introduced, digested and mastered the technology for 600MW sub-critical, super-critical and ultra super-critical thermal power main units; 300MW CFB boiler; 700MW hydropower unit; pumped storage units; 9FA heavy-duty gas turbine and combined-cycle units; 1000MW ultra super-critical units. Through upgrading of manufacturing facilities, the technology and the facilities of the Group now reach internationally advanced level. At present, the annual production capability of the Group is 30000MW with large thermal power, hydropower, nuclear power, gas turbine, EPC projects and warship driving devices as six core products. All subsidiaries under the Group were awarded with ISO 9001 certificates.
The sustainable development relies on the establishment of modern enterprise system. In 1994, Harbin Power Equipment Co., Ltd. was listed on Hong Kong Stock Exchange, which was restructured through the Group’s main production and operation entities. The Group also separated social community business from main business and set up industrial development companies. In 1998, industrialization reorganization was completed and the Group took over Jiamusi Motor Factory. In 1999, Achen Relay Company was listed on Shenzhen Stock Exchange.
The Group always puts people first. There are plenty of R&D, technical and management talents working for the Group. The only national engineering research center in power equipment business was set up here and the Group has a state class technology center and post-doctorate R&D workstation.
So far, the accumulated output of the Group amounts to more than 170000MW, among which thermal power units accounting for one third of the national installed capacity and hydropower units accounting for half of the national installed capacity. The products were installed in over 300 power stations in China and exported to more than 30 power plants outside China.
In the new century, the Group will continue to grow in the international market.