Industrials Sep 25, 2021 10:14 AM (GMT+8) · EqualOcean
On September 25, the SASAC website of the State Council released the announcement on the establishment of China Electrical Equipment Group Co., Ltd. The announcement said that with the approval of the State Council, China Electric Equipment Group Co., Ltd. was established, and the state owned assets supervision and Administration Commission of the State Council performed the duties of the investor on behalf of the State Council, and was included in the list of enterprises that the state owned assets supervision and Administration Commission of the State Council performed the duties of the investor. Related enterprises affiliated to State Grid Corporation of China and China XD Group Co., Ltd. are included in China Electrical Equipment Group Co., Ltd. China XD Group Co., Ltd. is no longer an enterprise that performs the duties of investor as the state owned assets supervision and Administration Commission of the State Council.