- 2010 was a critical year for State Grid to fulfill its social responsibilities and its objectives of the “11th Five-Year Plan”. The past five years have seen us implement the Scientific Outlook on Development and carry futher forward the corporate spirit of “In search of excellence, In pursuit of outperformance”. To serve the country, customers, generators, as well as the economic and social development, we have implemented the sustainable development strategy of building a modernized company with “A Strong Grid, Excellent Assets, Services and Performance”, further strengthened the “Two Transformations”, and maximized the integrated economic, social and environmental value creation. After five years’ unremitting efforts, the overall size of State Grid has been doubled; the level of equipment, technology and safety has edged into the advanced ranks in the world. The comprehensive quality of the company has been greatly enhanced with the best-ever core competitiveness, industry driving force and social influence in history. Our integrated value creation ability is at the front rank among central government-owned enterprises. We were ranked 8th in 2010 Fortune Global 500, a huge jump from the 40th position in 2005.
SGCC was established on December 29th, 2002. It is a government-owned enterprise approved by the State Council to conduct government authorized investment activities.
The company's core businesses are the construction and operation of power network that covers 26 provinces, autonomous regions and municipalities.