According to the State Council's Power System Reform Plan, China Southern Power Grid Co., Ltd. was formally established on February 29th, 2002 and began to operate. The company covers Guangdong Province, Guangxi Province, Yunnan Province, Guizhou Province and Hainan Province, and is responsible for investing, constructing, operating and managing the Southern Regional Electric Furnace World Network, and operating related power transmission and distribution businesses.