State Grid Corporation of China (SGCC), established on December 29, 2002, is a wholly state-owned company under the direct management of the central government established in accordance with the Company Law, with a registered capital of 829.5 billion yuan. With the core business of investing in the construction and operation of power grids, SGCC is a super large key state-owned backbone enterprise related to national energy security and the lifeblood of the national economy.