China Southern Power Grid Energy's Subsidiary to Transfer Centralized Cooling Project Assets; Shares Down 3%

MT Newswires Live

12/01

China Southern Power Grid Energy Efficiency and Clean Energy's (SHE:003035) subsidiary, Southern Power Grid Comprehensive Energy (Guangzhou), plans to transfer its centralized cooling project assets through public listing, according to a Shenzhen bourse filing on Saturday.

The Chinese energy-saving services provider's shares dropped less than 3% during Monday's afternoon trade.

The assets, which are located in Yongxing Island, Sansha City, Hainan Province, China, will be listed on the Beijing Equity Exchange.

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