Yunda Environmental Protection Announces Asset Restructuring, Name Change & New Appointments

Published: Dec 31, 2025 14:04

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On 29 December, Yunda Environmental Protection, a subsidiary of State Power Investment Corporation (SPIC), issued multiple announcements detailing progress on asset restructuring, corporate name changes, and new management appointments.

According to the ‘Progress Announcement on Matters Related to Major Asset Restructuring by SPIC Yunda Environmental Protection Co., Ltd.,’ SPIC Group Yuanda Environmental Protection Co., Ltd. will acquire 63% equity in Wuling Power Co., Ltd. from China Power International Development Limited, 37% equity in Wuling Power from Hunan Xiangtou International Investment Co., Ltd., and 64.93% equity in SPIC Group Guangxi Changzhou Hydropower Development Co., Ltd. from SPIC Group Guangxi Electric Power Co., Ltd. through share issuance and cash payments. The company also intends to issue shares to no more than 35 eligible specific investors to raise supplementary funds.

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