Changdian Yichang Energy Investment

China Yangtze Power Co., Ltd. (CYPC) holds 100% ownership of the firm. CYPC, in turn, is controlled by the China Three Gorges Corporation (CTG), one of China's centrally administered state-owned enterprises responsible for the construction and operation of the Three Gorges Dam. This places the investment firm entirely within the state-owned energy infrastructure hierarchy.

The firm is an indirect subsidiary of the Three Gorges project's operator. Its headquarters are in Yichang, where the dam's command infrastructure is located, and its investment mandate directly supports the hydropower and clean-energy ecosystem that the dam anchors. Allocations are designed to reinforce the operational and strategic priorities of the Yangtze River hydropower cascade.

No. The firm operates as a fully captive corporate investment vehicle. All capital is sourced internally from its parent company, China Yangtze Power. External fund structures or third-party limited partner commitments are not part of its operating model. It functions more like an in-house strategic development and investment department than a traditional third-party fund manager.

Its mandate covers growth-stage equity and direct project investments across China's energy sector. Primary focuses include new energy generation—particularly hydropower, solar, and wind—as well as smart grid technology and regional power distribution assets. The firm concentrates on opportunities within the Yangtze River Economic Belt and Central China, aligning portfolio companies with the operational needs of the Three Gorges power complex.

Cheng Zhang, the firm's Chairman, is the senior decision-maker. He previously served as Vice Chairman of China Yangtze Power, the parent company. Zeng Zhiwei serves as Legal Representative and an executive officer, handling corporate governance and regulatory compliance. Strategic decisions ultimately fall under the oversight of CYPC's board and the ultimate state-owned parent, China Three Gorges Corporation.