Is Guangdong hydropower reorganization successful?

18 In March, Guangdong Hydropower announced that it planned to purchase 0/00% equity of Construction Engineering Group/kloc-0 held by Construction Engineering Holdings by issuing shares, and the total amount of matching funds raised would not exceed 2 billion yuan.

The main business of Guangdong Hydropower is the construction of water conservancy municipal and rail transit projects, investment and construction of clean energy such as hydropower, wind power and photovoltaic power generation, and equipment manufacturing.

Guotai Junan pointed out that in 2022, economic work will focus on steady growth, and water conservancy, as one of the important infrastructure areas, has the characteristics of strong social benefits, large investment absorption and long industrial chain.