What is Luneng's Reorganization of China Green Hair?

On August 10, official website of Luneng Group announced that it would transfer 0/00% equity of Luneng Group (Capital Ye Wei Group) Co., Ltd. held by State Grid Corporation to China Lvfa Investment Group Co., Ltd. (hereinafter referred to as "China Lvfa") according to the relevant arrangements for the reform of state-owned enterprises.

According to the data, China Green Hair is a diversified state-owned enterprise invested by China Chengtong Holding Group Co., Ltd., State Grid and China Guo Xin Holding Co., Ltd., focusing on green energy and happiness industries.

The important role of Luneng Group:

Incorporation of the company into China Green Hair will help to continue to give full play to the advantages of management, talents and market accumulated by the company's development. On the basis of maintaining the stability of the workforce, promoting the sustained and healthy development of enterprises through reform will play an important and positive role in giving full play to the role of state-owned capital, promoting green development and promoting the construction of ecological civilization.

Refer to the above contents: China Economic Net-State Grid withdrew from real estate business: Luneng Group was taken over by China Lvfa.