State Grid of China mulls divesting equipment-making units

State Grid Corp. of China is considering divesting several equipment-manufacturing subsidiaries, including XJ Group Corp., Pinggao Group Co. Ltd., Shandong Electrical Engineering and Equipment Group Co. Ltd., and NARI Group Corp. The plan has been under discussion for over a year.

“State Grid is considering divestiture of equipment-making units, Caixin has learned.”caixinglobal.com

• 1 source
• caixinglobal.comExclusive: China’s State Grid Mulls Divesting Equipment-Making Units - Caixin GlobalChen Xuewan, Denise JiaAug 10, 2019

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