Guangzhou Development Group Incorporated

The company pursues a strategy of building a leading green, low-carbon, comprehensive intelligent energy enterprise group. Its main activities encompass power generation and supply (including coal-fired, gas-fired, combined heat and power, and distributed energy), natural gas procurement, urban gas pipeline construction, distribution, and LNG trading; energy logistics covering coal sourcing, transportation, storage, and oil products; new energy development (wind, solar, EV charging); energy storage projects; and energy finance services such as financial leasing and internal treasury operations.

It maintains substantial power capacity exceeding 5 million kW of controllable thermal units and is the primary entity for Guangzhou's high-pressure gas network and upstream gas sourcing. The firm has executed multiple long-term LNG supply agreements, including a notable 2 mtpa, 20-year SPA signed in 2022 with Mexico Pacific for deliveries from the Saguaro Energía project, alongside deals with BP, Sinochem, and Mercuria. It also holds stakes in LNG terminals such as Guangzhou Nansha and participates in others like Dapeng and Jinwan.

Operations extend across 26 Chinese provinces and municipalities with international reach in 11 countries and regions. With over 6,200 employees and approximately 185 subsidiaries, the company ranks among China's significant energy players, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area, emphasizing sustainability, innovation, and reliable energy supply while reporting annual revenues exceeding 50 billion RMB.