Company:Dongfang Electric
 | |
| Type | Public |
|---|---|
| Industry | Power plant equipment manufacturing |
| Founded | 1984 |
| Founder | Ding Yi |
| Headquarters | Chengdu, Sichuan , China |
Area served | Worldwide |
Key people | Wang Ji (王计) (Chairman) |
| Subsidiaries | Dongfang Electric Corporation Limited |
| Website | Dongfang Electric Corporation Dongfang Electric Corporation Limited |
Dongfang Electric Corporation (Chinese: 东方电气集团) is a Chinese state-owned manufacturer of power generators and the contracts of power station projects. According to Platts, in 2009-10 the company was the second largest manufacturer of steam turbines by worldwide market share, tying with Harbin Electric and slightly behind Shanghai Electric.[1]
History
It was founded in 1984 and is based in Chengdu, Sichuan.[2][3] Its subsidiary is Dongfang Electric Corporation Limited (Chinese: 东方电气股份有限公司) (SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".,Template:Sse). Its H shares and A shares were listed on the Hong Kong and Shanghai.
- 1958: Dongfang Electric Machinery Plant (Chinese: 东方电机厂) was established.[4]
- 1984: Dongfang Electric Corporation was established by Ding Yi.[5]
- 1993: China Dongfang Electric Machinery Plant was restructured to form Dongfang Electric Machinery Company Limited (Chinese: 东方电机股份有限公司).[6]
- 1994: Dongfang Electric Machinery Company was listed on the Hong Kong Stock Exchange.
- 1995: Dongfang Electric Machinery Company was listed on the Shanghai Stock Exchange.[7]
- 2007: China Dongfang Electric Corporation was listed entirely in Dongfang Electric Machinery Company. Dongfang Electric Machinery Company was renamed to Dongfang Electric Corporation Limited (Chinese: 东方电气股份有限公司).[8]
Controversy
Dongfang was accused by General Electric in court papers of benefitting from a rigged tendering process awarded by South African utility giant Eskom to install a new boiler at the Duvha Power Station. General Electric claims that Dongfang got the contract even though its bid was R1 billion (US$76 million) more than the General Electric bid.[9][10]
See also
- List of wind turbine manufacturers
- Wind energy companies of China
- Wind power
References
- ↑ "Capital Goods: China Losing Its Shine". Societe General. http://documents.mx/documents/socgen-china-losing-it-shine.html.
- ↑ Dongfang Electric Corporation
- ↑ Dongfang Electric Corporation
- ↑ DONG FANG ELECTRICAL MACHINERY AND THE SWITCH SIGN WINDPOWER GENERATOR CO- OPERATION AGREEMENT
- ↑ Yue Huairang 岳怀让 (2019-03-07). "著名企业家、92岁东方电气创始人丁一逝世". https://www.thepaper.cn/newsDetail_forward_3089961.
- ↑ Dongfang Electric Corporation Limited[|permanent dead link|dead link}}]
- ↑ Dongfang Electrical Machinery Co Ltd[yes|permanent dead link|dead link}}]
- ↑ Dongfang Electric maker goes for total listing
- ↑ STEPHAN HOFSTATTER AND CAROL PATON (26 April 2017). "GE claims Eskom favoured Chinese firm's bid, with backing of Trillian" (in en-US). Business Day. https://www.businesslive.co.za/bd/companies/energy/2017-04-26-ge-claims-eskom-favoured-trillion-bid/.
- ↑ STEPHAN HOFSTATTER (26 June 2017). "Chinese firm Dongfang pockets R600m from 'rigged' Eskom deal" (in en-US). Business Day. https://www.businesslive.co.za/bd/companies/2017-06-26-chinese-firm-dongfang-pockets-r600m-from-rigged-eskom-deal/.
External links
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