China Southern Power Grid Energy Efficiency & Clean Energy (SHE:003035) said Guangdong Guobang Law Firm was appointed as administrator for indirect subsidiary Yangshan Nandian Biomass Power Generation.
The removal of Yangshan Nandian Biomass Power Generation from the consolidation scope is expected to raise the energy and environmental protecting services provider's 2025 net profit, according to a Thursday filing with the Shenzhen bourse.
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