2024-08-07
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Ma Zhenbo resigned from his positions as vice chairman of China Yangtze Power Co., Ltd. (hereinafter referred to as "Yangtze Power").
On August 5, China Yangtze Power announced that the company's board of directors recently received a resignation report from Vice Chairman Ma Zhenbo.Mr. Ma Zhenbo resigned from the positions of Director, Vice Chairman and Member of the Board's Strategy and ESG CommitteeAccording to the Articles of Association and relevant regulations, Mr. Ma Zhenbo's resignation report will take effect upon delivery to the company's board of directors.
According to the official website, China Yangtze Power is a joint-stock company established by China Three Gorges Corporation as the main sponsor. It was founded on September 29, 2002 and listed on the Shanghai Stock Exchange in November 2003. In September 2020, the "Shanghai-London Stock Connect" global depositary receipts issued by China Yangtze Power were listed and traded on the London Stock Exchange in the UK.
China Yangtze Power mainly engages in hydropower generation, investment and financing, pumped storage, smart integrated energy, new energy and power distribution and sales, with its business areas covering China, Peru, Brazil, Pakistan and other countries.It is the largest listed power company in China and the largest listed hydropower company in the world.The six cascade power stations of Wudongde, Baihetan, Xiluodu, Xiangjiaba, Three Gorges and Gezhouba operated and managed by China Yangtze Power constitute the world's largest clean energy corridor, effectively ensuring flood control, shipping, water replenishment and ecological security in the Yangtze River Basin.
Source: Shanghai Stock Exchange website,Yangtze Power Company website
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