SHE:003035

2 stories mentioning SHE:003035Updated just now

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China Southern Power Grid Energy Unit's Reorganization Plan Wins Creditors Approval

China Southern Power Grid Energy Efficiency & Clean Energy (SHE:003035) said all creditors voted in favor of the bankruptcy reorganization plan of its subsidiary, Guangxi Nengneng Changling Clean Energy, according to a Friday disclosure on the Shenzhen bourse.The creditors, which met on Wednesday, Sept. 2, were all in favor of Nengneng Changling's property management plan and its plan to continue performing its uncompleted contracts.The energy and environmental protection company's shares fell 2% at the close.

SHE:003035

Asia88d ago

China Southern Power Grid Energy Efficiency to List Smart Green Power Assets for Transfer; Shares Down 5%

China Southern Power Grid Energy Efficiency & Clean Energy (SHE:003035) plans to list smart green power project assets with a combined capacity of 444.8 megawatts for transfer, according to a Shenzhen bourse filing on Saturday.The energy and environmental protecting services provider's shares dropped 5% during Monday's afternoon trade.The company will transfer 24 smart green power project assets and shares in three smart green power project companies, Shizong Shangfu Yihe Solar Investment, Nandian (Chengmai) New Energy Technology and China Southern Power Grid Integrated Energy (Southwest Guizhou).The 24 project assets have an appraised value of 1.12 billion yuan, and the project companies are appraised at 222.4 million yuan.

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