Jiangsu Kanshan Power, established in June, 2005, was invested and constructed jointly by Shanghai Electric Power, Jiangsu Guoxin Investment Group Limited, Xuzhou Mining Business Group Co., Ltd and Xuzhou Huaxing Investment Co., Ltd, with a registered capital of 1 billion yuan. Currently, the shareholding ratio of Shanghai Electric Power in Jiangsu Kanshan Power is 55%. Its main business is the development and construction of thermal power plants, power production, operation and marketing, power technical service, as well as the production, operation, marketing and service of power-related products. Jiangsu Kanshan Power owns 2 sets of 600,000-kilowatt ultra-supercritical coal-fired power units.