CYPC vice chairman He Hongxin inspects CYPC Investment Management unit, calls for tighter equity investment controls

• CYPC Vice Chairman He Hongxin inspected CYPC Investment Management on Aug. 6, urging a stronger industrial investment platform.
• He called for tighter control of equity stakes in invested companies, stronger end-to-end governance, protection of state-owned asset rights.
• Investment priorities to align with hydropower core business, sharpen strategic focus, accelerate disposal of existing assets, manage risk.
• He also pushed tighter investment decision procedures, stricter oversight of dispatched equity representatives, tougher anti-corruption controls.

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