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History

Established in 2010, China Energy Conservation and Environmental Protection Group (CECEP) is a state-owned enterprise approved by the State Council and reorganized fromChina Energy Conservation Investment Corporation and China New Era Group Corporation. In 1988, China Energy Conservation Investment Corporation, the parent company of CECEP and formerly known as Energy Conservation Bureau of State Development Planning Commission, was transformed to Energy Conservation Company under the State Energy Investment Corporation;in 1994, it was renamed China Energy Conservation Investment Corporationofficially;in 1997, China National Environmental Protection Corporation under the Ministry of Environmental Protection was put underit. China New Era (Group) Corporation was formerlyknown as China New Era Corporation, a company established in 1980 and affiliated to the former Commission of Science Technology and Industry for National Defense (COSTIND), and in 1999, it was officially renamedChina New Era (Group) Corporation; in 2004, the No. 7 Design Institute (later renamed China New Era International Engineering Corporation) under the former Ministry of Machinery Industry was put under it; in 2006, China GEO-Engineering Corporation under the former Ministry of Geology and Mineral Resources was also put under China New Era (Group) Corporation.

CECEP defined four main business segments: energy conservation, environmental protection, resource recycling, and clean energy and established the strategic development objective for the “12th Five-Year Plan”. All business indicators of the China Energy Conservation and Environmental Protection Group increased anyway in a sluggish economy: compared with the end of 2009, the asset size in 2012 was increased by 92.3%, business income 63.4%, total profit 55.2%, and net profit 53.1%.
On May 19, 2010, China Energy Conservation and Environmental Protection Groupwas established officially, and a normative Board of Directors was set up at the same time.
The State Council approved the merge between China Energy Conservation Investment Corporation and China New Era Group Corporation on March 10, 2010. China Energy Conservation Investment Corporation, as the parent company, was renamed China Energy Conservation and Environmental Protection Group and registered to the State Administration for Industry and Commerce on May 5, 2010.
From 2007 to 2010, various business indicators of CECEP were increased rapidly. Compared with the end of 2006, the size of assets was increased by 3 times, the operating income by 2.5 times, the total profit by 2.6 times, and the net profit by 3 times.
In 2003, China Energy Conservation Investment Corporation was put under the State Assets Supervision and Administration Commission of the State Council, and it entered the stage of market-oriented development.
The China Energy Conservation Investment Corporation obtained the qualification of UNIDO project appraisal institution.
The Government reformed the economic system, separating administrative functions form enterprise management; the China Energy Conservation Investment Corporation was then put under the CPC Work Committee for SoEs.
On March 24, the China Energy Conservation Investment Corporation was entitled with import and export operation right after being approved by the Ministry of Foreign Trade and Economic Cooperation.
The State Development Planning Commission approved the China Energy Conservation Investment Corporation as a comprehensive Class A engineering consulting agency and issued the qualification certificate.
In July, the Energy Conservation Company under the State Energy Investment Corporation was put under the State Development Planning Commission. On September 1, the Company was renamed as China Energy Conservation Investment Corporation.
On June 22, the Energy Conservation Company under the State Energy Investment Corporation was registered after being approved by the State Administration for Industry and Commerce.
On September 20, the Energy Conservation Company under the State Energy Investment Corporation was established after being approved by the State Council.