SCIO Briefing on High-Quality Development of State-Owned Assets and Central State-Owned Enterprises in 2025

FJMG Delivers China’s Largest Bus Export Order

At the production base of Higer Bus Company Limited, a subsidiary of Fujian Motor Industry Group Co., Ltd. (FJMG) in Suzhou, East China’s Jiangsu Province, a massive fleet of high-end buses have lined up in neat formations, ready for delivery to Algeria. The order is valued at over 1.5 billion yuan ($215.39 million), setting a new record as the largest single bus export order in Chinese history.

Xuwei Nuclear Power and Heating Plant Begins Construction

Construction on the nuclear island of the first unit of the nuclear power and heating plant in Xuwei District, Lianyungang City, Jiangsu Province began on January 16.

China Launches First Tandem High-energy Hydrogen Ion Implanter

Recently, the POWER-750H, a tandem high-energy hydrogen ion implanter has released stable, qualified ion beams, signaling the device’s successful operation. Independently developed by China Institute of Atomic Energy (CIAE), a subsidiary of China National Nuclear Corporation, the fully domestically made implanter demonstrates China’s mastery over the entire technology, ensuring its self-reliance and security in the high-end equipment industry.

First Shipment of Simandou Iron Ore Arrives in China

On January 17, the first shipment of nearly 200,000 tons of iron ore from Guinea’s Simandou arrived at Majishan Port, Shengsi County, Zhejiang Province.

CSG’s West-to-East Power Transmission Hits 261 Billion kWh in 2025

China Southern Power Grid (CSG) announced that its power transmission volume in China’s west-to-east power transmission program reached a record high of 261.6 billion kilowatt-hours in 2025, representing an increase of 31.1 billion kilowatt-hours compared to the volume of 2020.

Daduhe Company Exceeds 20 Million Kilowatts in Installed Capacity

On January 13, Daduhe Company, a subsidiary of China Energy Investment Corporation Co., Ltd., saw its operational installed capacity exceed 20 million kilowatts. This milestone enhances the stability of regional power supply to support the high-quality social and economic development of Southwest China’s Sichuan Province.

State Grid Plans 4 Trillion Yuan Fixed Assets Investment in Next 5 Years

State Grid Corporation of China (State Grid) plans to invest up to 4 trillion yuan ($574.43 billion) in fixed assets during the 15th Five-Year Plan period (2026–30), a 40 percent increase from the previous five-year plan. The expansion of effective investment is expected to facilitate the high-quality development of the new-type power system’s industrial and supply chains.