[5 central SOEs turned into state-owned capital investment companies]Recently, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Notice on Matters Concerning the Reform of State-owned Capital Investment Companies", and five companies including China Baowu, SDIC, China Merchants Group, China Resources Group and China National Building Materials Group were officially converted into state-owned capital investment companies. Editor/Ma Xue
On August 22, 2026, the Julius Nyerere hydroelectric power station in Tanzania, which POWERCHINA participated in, was officially put into operation. The power supply of the project covers nearly half of the local electricity demand, effectively alleviating power shortages, improving people's electricity consumption, and helping Tanzania consolidate its advantages in energy development in the East African region. Editor/Min Jing
On August 22, 2026, CNOOC completed the capping of the main body of Huizhou 19-6 offshore crude oil processing platform in Zhuhai. This platform is the largest facility of its kind in Asia, which will serve the development of 100 million ton oil fields in the the Pearl River River Mouth Basin and help the country to stabilize energy supply.Editor/Min Jing