
State Grid Corporation of China was established in December 2002, headquartered in Beijing, and is a centrally administered solely state-owned enterprise directly under the State-owned Assets Supervision and Administration Commission. Its service area covers 26 provinces, municipalities and autonomous regions, supplying electricity to 88% of China's territory and serving over 1.1 billion people. Its core businesses are power transmission and distribution and grid construction and dispatch. It has built the world's largest UHV network and vigorously develops new energy and smart energy Internet; it operates backbone grids in multiple countries overseas and has ranked among the top three of the Fortune Global 500 for consecutive years, serving as a core pillar for national energy security.
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