Yes Official website showed that the new energy branch of Ningxia Electric Power Co., Ltd., a national energy group, was established on 202 1, located in Yinchuan City, Ningxia Hui Autonomous Region, and is a state-owned enterprise that mainly produces and supplies electricity and heat. National Energy Investment Group Co., Ltd. (hereinafter referred to as National Energy Group) was formally established on October 28th, 2007165438. Approved by the CPC Central Committee and the State Council, it is a central backbone energy enterprise jointly reorganized by China Guodian Corporation and Shenhua Group Co., Ltd..