HUADIAN POWER(01071) plans to select the Huadian Hangzhou Jiangdong natural gas cogeneration project held by Jiangdong Company as the underlying infrastructure project.
10/03/2025
GMT Eight
HUADIAN POWER (01071) announced that the company held the 10th Board of Directors' 18th meeting on February 28, 2025, where they reviewed and approved the proposal for the issuance of public REITs project.
On March 10, 2025, the project submitted applications to the China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange. The company will closely monitor the progress of the project's review and fulfill the disclosure obligations in a timely manner.
The company plans to select the subsidiary Hangzhou Huadian Jiangdong Cogeneration Co., Ltd. ("Jiangdong Company" or "Project Company") to issue publicly traded infrastructure real estate investment trust funds (Infrastructure REITs) based on the Hangzhou Jiangdong Natural Gas Cogeneration Project held by the Jiangdong Company and list them on the Shanghai Stock Exchange (proposed listing).