China Yangtze Power (600900.SH): The controlling shareholder intends to transfer 4% of the company's shares to its wholly-owned subsidiary, Yangtze Environmental Protection Group, free of charge.
11/02/2025
GMT Eight
China Yangtze Power (600900.SH) has announced that its controlling shareholder, China Three Gorges Group, has signed an agreement with its wholly-owned subsidiary, Yangtze Ecological Environmental Protection Group Co., Ltd. (referred to as Yangtze Environmental Protection Group), regarding the gratuitous transfer of state-owned shares. China Three Gorges Group intends to transfer its 978,728,709 shares (4% of the total share capital) of the company to Yangtze Environmental Protection Group without compensation.