updated
82 results Total investment of current selection: $ 413 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Wanhua Chemical Group Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | Wanhua Chemical (Ningbo) Thermal Power Co Ltd, Wanhua Chemical (YANTAI) CHLOR-ALKALI Thermal POWER Co Ltd | $ 88 M | $ 88 M | |||||
| 2 | Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 49 M | $ 49 M | ||||||
| 3 | Guanghui Energy Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 46 M | $ 46 M | ||||||
| 4 | State Power Investment Corporation Ltd (SPIC) | Penghua Fund Management | investment | China | China | East Asia | East Asia | China Power International Holding Ltd, Huanghe Datong Power Co Ltd, SPIC Chongqing Hechuan Power Generation Co, Jiangsu Kanshan Power Co Ltd, SDEPCI (Shandong Electric Power Engineering Consulting Institute), EMBA Electricity Production Co Inc, SPIC Ningxia Energy Aluminum Co Ltd, Guizhou Qiandong Power Co Ltd, Guizhou Xishui Dingtai Energy Development Co Ltd, Jiangsu Changshu Power Generation Co Ltd, National Electric Investment Group Xinjiang Energy & Chemical Co Ltd, SPIC Guizhou Jinyuan Group Co, SPIC Hebei Power Electric Power Co Ltd, SPIC Henan Electric Power Co Ltd, SPIC Jiangxi Electric Power Co Ltd, SPIC Mengdong Energy Group, SPIC Northeast Electric Power Co Ltd, SPIC Yuanda Environmental Protection Co Ltd, Shijiazhuang Dongfang Thermal Power Group Co Ltd, SPIC 2016 US Dollar Bond Co Ltd, SPIC MTN Co Ltd, Inner Mongolia Xilingol Baiyinhua Coal and Power Co Ltd, Dongfang Shengrun Shijiazhuang Thermal Power Co Ltd, State Power Investment Group Upper Yellow River Hydropower Development Co Ltd, State Power Investment Group Chongqing Electric Power Co Ltd, State Power Investment Group Sichuan Electric Power Co Ltd, State Power Investment Group Xinjiang Energy Chemical Emin Co Ltd | $ 19 M | $ 19 M | |||||
| 5 | China Communications Construction Company Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 19 M | $ 19 M | ||||||
| 6 | Anhui Province Energy Group Co Ltd (Wenergy Group) | Penghua Fund Management | investment | China | China | East Asia | East Asia | Anhui Wenergy Co Ltd, Xinjiang Huadian Xiheishan Power Generation Co Ltd, Xinjiang Lu'an Xiexin Zhundong Energy Co Ltd | $ 14 M | $ 14 M | |||||
| 7 | Henan Shenhuo Coal & Power Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 12 M | $ 12 M | ||||||
| 8 | PT Indika Energy Tbk | Penghua Fund Management | investment | China | Indonesia | East Asia | South-East Asia | PT Indika Inti Corpindo, PT Kideco Jaya Agung, PT Multi Tambangjaya Utama, Indika Energy Trading Pte Ltd, Indika Capital Investment Pte Ltd, Indika Energy Capital Pte Ltd, Indika Energy Capital II Pte Ltd, Indika Energy Capital III Pte Ltd, Indika Energy Capital IV Pte Ltd | $ 11 M | $ 11 M | |||||
| 9 | Ningxia Baofeng Energy Group Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 10 M | $ 10 M | ||||||
| 10 | China Petrochemical Corporation (Sinopec Group) | Penghua Fund Management | investment | China | China | East Asia | East Asia | Sinopec Engineering Group Co Ltd, China Petroleum & Chemical Corporation (Sinopec Corp), Sinopec Capital 2013 Ltd, Sinopec Tianjin LNG Co Ltd, Sinopec Finance Co Ltd, Guangxi Gas Group Co Ltd, Sinopec Century Bright Capital Investment Ltd, Sinopec Group Overseas Development (2012) Ltd, Sinopec Great Wall Energy & Chemical Co Ltd, Sinopec Group Overseas Development Ltd, Sinopec Group Overseas Development (2018) Ltd, Sinopec Group Overseas Development (2013) Ltd, Sinopec Group Overseas Development (2014) Ltd, Sinopec Group Overseas Development (2015) Ltd, Sinopec Group Overseas Development (2017) Ltd, Sinopec Group Overseas Development (2016) Ltd | $ 10 M | $ 10 M | |||||
| 11 | Huadian Power International Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 10 M | $ <1 M | $ 10 M | |||||
| 12 | China National Coal Group Corp (ChinaCoal) | Penghua Fund Management | investment | China | China | East Asia | East Asia | China Coal Energy Co Ltd, China Coal Pingshuo Coal Co Ltd, ChinaCoal Shanxi Huayu Energy, Shanghai Datun Energy Resources Co Ltd, CLP Guangxi Fangchenggang Power Co Ltd, Gansu Lingnan Coal Industry Co Ltd, SDIC Hami Energy Development Co, China Coal Yili Energy Development Co Ltd, Shanxi Maohua Energy Investment Co Ltd, Shanxi Shuozhou Pinglu District Maohua Dongyi Coal Industry Co Ltd, Shanxi Shuozhou Pinglu District Maohua Bailu Coal Industry Co Ltd, Shanxi Shuozhou Pinglu District Maohua Xialiyuan Coal Industry Co Ltd, Shanxi Shuozhou Pinglu District Maohua Wantongyuan Coal Industry Co Ltd, Datun Coal and Electricity (Group) Co Ltd, China Coal Energy Xinjiang Tianshan Coal Power Co Ltd, China Coal Energy Xinjiang Hongxin Coal Industry Co Ltd, China Coal Xinji Liuzhuang Mining Co Ltd, China Coal Xinji Fuyang Mining Co Ltd, Zhongmei Heilongjiang Coal Chemical (Group) Co Ltd, China Coal Energy Hami Coal Industry Co Ltd, Zhongmei Hami Power Generation Co Ltd, China Coal Energy Xinjiang Coal Electricity Co Ltd, China Coal Shaanxi Yulin Energy Chemical Co Ltd, China Coal Ordos Energy Chemical Co Ltd, Inner Mongolia China Coal Yuanxing Energy Chemical Co Ltd, China Coal Northwest Energy Co Ltd, Ordos Yihua Mining Resources LLC, Wushenqi Mengda Mining Co Ltd, Ordos Yinhe Hongtai Coal Power Co Ltd, China Coal Sales Transportation Co Ltd, Guangdong China Coal Import and Export Co Ltd, China Coal Huali Energy Holdings Ltd, China Coal Resources Development Group Co Ltd, China National Coal Mining Equipment Co Ltd, China Coal Jinzhong Energy Chemical Co Ltd, China National Coal Development Co Ltd, Xinjiang Production and Construction Corps Hongxing Power Generation Co Ltd, China Resources Coal Holdings Corp Ltd, Taiyuan China Resources Coal Co Ltd, Guotou Jincheng Energy Investment Co Ltd, China Railway Resources Sunitezuoqi Manglai Surface Mine Co Ltd, China Coal Xuancheng Electric Power Co Ltd, China Coal Xilingol Manglai Power Generation Co Ltd, China Coal Yongcheng Energy Development Co Ltd, China Power Pingdingshan Thermal Power Co Ltd, China Coal Datong Energy Co Ltd, China Coal Power Co Ltd | $ 3 M | $ 7 M | $ 10 M | ||||
| 13 | TBEA (Tebian Electric Apparatus) Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | Xinjiang Tianchi Energy Sources Co Ltd, Xinjiang TBEA Loulan New Energy Co Ltd | $ 9 M | $ 9 M | |||||
| 14 | Datang International Power Generation Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | China Datang Finance Co Ltd | $ 3 M | $ 6 M | $ 9 M | ||||
| 15 | Tongkun Group Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 9 M | $ 9 M | ||||||
| 16 | China National Petroleum Corporation (CNPC) | Penghua Fund Management | investment | China | China | East Asia | East Asia | SNPS-Aktobemunaygaz AO, PetroChina Company Ltd, CNPC Capital Co Ltd, KunLun Energy Company Ltd, CNPC General Capital Ltd, Petrochina Kunlun Gas Co Ltd | $ 7 M | $ 7 M | |||||
| 17 | Daqin Railway Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 6 M | $ 6 M | ||||||
| 18 | Shanghai Electric Power Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | Shanghai Waigaoqiao Power Generation Co Ltd, State Power Investment Group Jiangsu Power Co Ltd | $ 6 M | $ 6 M | |||||
| 19 | Zhejiang Provincial Energy Group Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | Jiaxing Power Generation Co Ltd, Zhejiang Electric Power Construction Co Ltd, Zhejiang Zheneng Electric Power Co Ltd, Zhejiang Zhenhai Power Gen Co, Zhejiang Zheneng Shaoxing Binhai Thermal Power Co Ltd, Zhejiang Zheneng Taizhou No.2 Power Generation Co Ltd | $ 4 M | $ 4 M | |||||
| 20 | SDIC Power Holdings Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | SDIC Gansu Electric Power Sales Co Ltd | $ 4 M | $ 4 M | |||||
| 21 | Inner Mongolia Junzheng Energy & Chemical Group Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 4 M | $ 4 M | ||||||
| 22 | Shaanxi Coal and Chemical Industry Group Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | Shaanxi Coal Power Lueyang Co Ltd, Shaanxi Coal Chemical Group Fugu Energy Investment Co Ltd, Huangling Mining Group Co Ltd, Shaanxi Binchang Mining Group Co Ltd, Shaanxi Coal Industry Co Ltd, Shaanxi Tongchuan Mining Co Ltd, Shenmu Hongliulin Mining Co Ltd, Shaanxi Shanmei Hancheng Mining Industry Co Ltd, Shaanxi Coal Chenghe Mining Co Ltd, Shaanxi Coal Chemical Group Xinyang Power Co Ltd, Shaanxi Shaanmei Huangling Mining Industry Co Ltd | $ 3 M | $ 3 M | |||||
| 23 | Guangdong Hongda Holdings Group Co Ltd | Penghua Fund Management | investment | China | China | East Asia | East Asia | $ 3 M | $ 3 M | ||||||
| 24 | Guangdong Baolihua New Energy Stock Co | Penghua Fund Management | investment | China | China | East Asia | East Asia | Guangdong Baolihua Electry Power Co Ltd | $ 3 M | $ 3 M | |||||
| 25 | China National Machinery Industry Corp (Sinomach) | Penghua Fund Management | investment | China | China | East Asia | East Asia | China Machinery Engineering Corp (CMEC), Sumec Corp Ltd, China CAMC Engineering Co Ltd | $ 2 M | $ 2 M |
Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
For more information read our detailed Methodology!