company news
sep signs capital increase agreement of shanghai electric power trading center
on march 11, 2021, the signing ceremony of the capital increase agreement and the inauguration meeting of shanghai electric power trading center co., ltd. were held in shanghai, marking another solid step for shanghai electric power trading center to implement the power market reform in shanghai.
shanghai municipal leaders and relevant leaders of shanghai municipal development and reform commission, shanghai municipal commission of economy and informatization and east china energy regulatory bureau witnessed the signing. sep chairman hu jiandong attended the ceremony and signed the capital increase agreement on behalf of the company. the company leader chen wenhao was also present.
at the meeting, shanghai electric power trading center introduced the equity optimization plan, and delegates of 10 shareholders went on stage to sign the capital increase agreement. shanghai municipal leaders unveiled the nameplate for shanghai electric power trading center.
it is reported that the power trading center is a key link of the power market reform. established in may 2016, shanghai electric power trading center is responsible for the construction, operation and management of the power trading platform, and its business scope includes carrying out spot and medium and long-term non-standardized contract trading on electric energy as well as providing related trading services.
in order to further promote the independent and standardized operation of the power trading agency, the first round of capital and share increase was implemented in june 2020 in accordance with the power market construction progress in shanghai and the principle of "multiple checks and balances", and this time marks the second round of capital and share increase. as a power generation enterprise, sep has participated in the capital increase twice, and its shareholding ratio has risen steadily.
