Mix and Match

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Peng Liang, an engineer with China Shenhua Group, the country's largest coal enterprise, was a worried man when he heard the news that his company was to merge with China Guodian Corp., another state-owned enterprise (SOE) specializing in electricity generation and in-vestment, in August last year. "I was not sure what would happen after the merging of the two giants in their re-spective if elds," he said. Peng soon found that his anxiety was unfounded. Everything went smoothly and for Peng, it was business as usual. Three months later, the new company, National Energy Investment Group Co. Ltd. with assets of 1.8 trillion yuan ($277.3 billion) and 330,000 staff members, was officially established.
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