China News Service, September 25. According to the website of the State-owned Assets Supervision and Administration Commission of the State Council, the State-owned Assets Supervision and Administration Commission issued an announcement on the establishment of China Electric Equipment Group Co., Ltd. on the 25th. Acting on behalf of the State Council to perform the responsibilities of investors and be included in the list of enterprises that perform the responsibilities of investors by the State-owned Assets Supervision and Administration Commission of the State Council.
Related companies of State Grid Corporation of China and China Xidian Group Co., Ltd. are incorporated into China Electric Equipment Group Co., Ltd. as a whole.
China Xidian Group Co., Ltd. ceased to be an enterprise performing the responsibilities of investor by the State-owned Assets Supervision and Administration Commission of the State Council.
Screenshot of SASAC website