Gao Ping Group Science Popularization: In September, 20021year, after being studied by the State-owned Assets Supervision and Administration Commission of the State Council and reported to the State Council for approval, it was agreed that china xd Group and some subsidiaries of State Grid Corporation would be reorganized and integrated to form a new company, and the State-owned Assets Supervision and Administration Commission of the State Council would perform the investor's duties on behalf of the State Council. The shares of Jiangsu Nanrui Hengchi Electric Equipment Co., Ltd., Jiangsu Nanrui Taishida Electric Co., Ltd. and Chongqing Nanrui Borui Transformer Co., Ltd. held by china xd Group and Xuji Group Co., Ltd., the shares of Gao Ping Group Co., Ltd. and Shandong Electric Group Co., Ltd., which belong to State Grid Corporation, were all incorporated into the new company.