China Shenhua: China Guodian merges with Shenhua Group
2017-08-30 17:52:29 [Print]
China Shenhua Energy Company Limited (“China Shenhua”) announced on the evening of August 28th that it received notice from its controlling shareholder, Shenhua Group Corporation Limited (“Shenhua Group”), that SASAC approved of the implementation of joint reorganization between China Guodian Corppration (“China Guodian”) and Shenhua Group
. Shenhua Group merged with China Guodian and changed its name to China Energy Investment Group Limited Liability Company, becoming the parent company after reorganization . The company’s stocks remain suspended.