GEPIC Energy Development Co., Ltd. (000791)

Overview

GEPIC Energy Development Co., Ltd., headquartered in Lanzhou, China, is a prominent player in the renewable energy sector, focusing on the generation and provision of hydropower, wind power, and photovoltaic power across China. Originally established in 1997, the company commenced its journey as Northwest Yongxin Chemical Industry Co., Ltd. before transitioning to its current focus and rebranding to GEPIC Energy Development Co., Ltd. in December 2012. Serving as a subsidiary of Gansu Province Electric Power Investment Group Co., Ltd., GEPIC has expanded its operations to include a wide array of services beyond power generation, encompassing technical consultation, renewable energy product development, and an innovative approach towards new energy vehicle solutions.

Products and Services

• Renewable Energy Generation: Engages in the production of electricity through hydropower, wind power, and photovoltaic systems, contributing to China's clean energy supply.
• Installation and Maintenance: Offers specialized services for the installation and maintenance of water conservancy and power resource projects, ensuring operational efficiency and safety.
• Technical Consultation and Equipment Development: Provides expert advice on energy-saving techniques and develops equipment and materials related to electricity, fostering innovation in the energy sector.
• New Energy Vehicle (NEV) Solutions: Participates in various aspects of the NEV market, from time-sharing leasing and charging pile services to operating NEV 4S shops and developing management platforms. The company also invests in new energy taxis and offers technical services related to NEVs.
• Renewable Technology and Product Development: Focuses on the advancement and commercialization of new energy and renewable energy technologies and products, aiming to enhance sustainability and reduce environmental impact.
• Photovoltaic Power Stations: Involves in the integration and operation of photovoltaic power stations, contributing to the grid's capacity for solar energy.
• Hydropower Station Automation Consultancy: Offers consulting services and technology transfer for the automation of hydropower stations, improving efficiency and control.
• Energy Investment and Electromechanical Sales: Engages in industrial and energy sector investments, and deals in the wholesale and retail of electromechanical equipment and building materials, supporting the infrastructure of the energy industry.
• Solar Energy Consulting: Provides engineering consulting and technical services for the utilization of solar energy, promoting the adoption of green power solutions.
• Coal Trading: Although primarily focused on renewable resources, the company also has operations in the wholesale and retail trading of coal, catering to diverse energy needs.