Financials Dec 25, 2021 06:40 PM (GMT+8) · EqualOcean
Financial Associated Press, December 25, SASAC of the State Council, Guangdong provincial government, Hainan provincial government China Life Insurance (Group) Co., Ltd. jointly signed the cooperation agreement on improving the equity structure of China Southern Power Grid Co., Ltd. and promoting high-quality development. According to the plan, the equity structure of China Southern Power Grid is adjusted to 51% held by SASAC of the State Council, 25.57% held by Guangdong Provincial people's government and China Life Insurance (Group) the company holds 21.3% and Hainan Provincial People's government holds 2.13%, realizing the consistency between ownership structure and management. Hao Peng, Secretary of the Party committee and director of the SASAC of the State Council, pointed out that China Southern Power Grid should take straightening out the ownership structure as a new opportunity to better integrate into local economic and social development, serve the construction of major strategies such as Guangdong, Hong Kong and Macao Bay area, Shenzhen first demonstration area and Hainan free trade port, and resolutely Implement the goals and tasks of carbon peaking and carbon neutralization, and effectively promote the green and low-carbon transformation of economy and society.

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