China Resources Power (HKG:0836) said its application to spin off and list its wind power business on the Shenzhen Stock Exchange was approved by the exchange's listing committee, according to a Hong Kong bourse filing Wednesday.
The firm had filed an application in March last year to list China Resources New Energy on the exchange. The business manages and operates wind farms in China.
The listing is subject to approval from China's Securities Regulatory Commission and market conditions, the company said.
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