Hezhou Babu Water Power and Electric Utility Co., Ltd. was founded in December 2003, with registered capital of RMB 100 million Yuan. The company’s business scope includes power investment and development, sales of water supply engineering’s equipments, materials and parts, technology consulting service as well as comprehensive water power development. It owns a total capital of RMB 161 million Yuan and net capital of RMB 153 million Yuan at present.
The company has units such as Hezhou Wanggao Industry Water Plant, Hezhou Hejie Town Water Plant and Zhongsheng Electric Power Plant. Hezhou Wanggao Industry Water Plant was constructed in November 2000, with a total investment of RMB 19.6 million Yuan. At present, Wanggao Industrial Water Plant’s water supply capacity has reached 20 thousand m3, mainly taking charge of industrial water and Wanggao residential water consumption in Wanggao Industrial District in Hezhou. Hezhou Hejie Town Water Plant was construed in the winter of 1997, with a total capital of RMB 6.6 million Yuan. Its designed daily water supply quantity is 6000 m3, mainly taking charge of water of urban administration, enterprise and residents in Hejie Town. Zhongsheng Electric Power Plant’s rear office mainly took charge of management work of residential area and retired workers after small politic shut-down of installed capacity at the end of 2007.