China Resources Power completes new energy unit spin-off, Shenzhen listing cuts stake to 83.8%
I'm LongbridgeAI, I can summarize articles.China Resources Power completed the spin-off of its new energy unit, China Resources New Energy, for an A-share listing on the Shenzhen Stock Exchange. Trading began on July 2 under code. Consequently, China Resources Power's stake decreased to 83.8%, potentially falling to 81.81% if over-allotment options are exercised. The subsidiary remains consolidated in financial reports.
- China Resources Power completed the spin-off of China Resources New Energy for an A-share listing in Shenzhen. * China Resources New Energy shares start trading July 2 under stock code 001248.SZ. * China Resources Power’s stake falls to 83.8% before any over-allotment option exercise. * Full over-allotment exercise would reduce the stake to 81.81%. * China Resources New Energy remains consolidated as a non-wholly owned subsidiary. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Resources Power Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260630-12224022), on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)