Datang Shaanxi Power, Anhui Energy Power, etc. established an energy company in Shaanxi.

According to the QiChaCha app, recently, Shaanxi Shanwan Energy Co., Ltd. was established with Gao Ming as the legal representative and a registered capital of 5 billion yuan. Its business scope includes heat production and supply; energy storage technology services; research and development of carbon reduction, carbon conversion, carbon capture, and carbon sequestration technologies; and energy management services. Shareholding data from QiChaCha shows that the company is jointly owned by Datang Shaanxi Power Generation Co., Ltd., Shaanxi YanChang Petroleum Co., Ltd., and Yan'an WanNeng Power Generation Co., Ltd. under WanNeng Power.