CTGR(SH:600905) 券商中国·2025-07-26 12:34Core Viewpoint - The establishment of China Yajiang Group is a significant strategic decision by the central government, aimed at enhancing energy security and supporting the construction and operation of the Yajiang hydropower project [5]. Group 1: Company Formation and Leadership - China Yajiang Group has been recently established as a new central enterprise, with Yu Bing appointed as Chairman and Party Secretary, and Wang Wubin as General Manager and Deputy Party Secretary [2][5]. - The leadership team also includes Zhao Feng as Deputy General Manager and Party Member [2]. - The company is listed as the 22nd central enterprise in the latest directory released by the State-owned Assets Supervision and Administration Commission [6]. Group 2: Strategic Cooperation - On July 19, a strategic cooperation agreement was signed between China Three Gorges Group and China Yajiang Group to deepen collaboration and better serve national strategic initiatives [1]. - The meeting was attended by senior executives from both companies, indicating a strong commitment to partnership [1]. Group 3: Leadership Background - Yu Bing, born in October 1967, has extensive experience in the power industry, having previously served as Vice President of China Huadian Corporation and Deputy Director of the National Energy Administration [3]. - Wang Wubin, born in October 1970, has held positions including Chairman of Three Gorges Energy and was promoted to Vice President of China Three Gorges Group in 2023 [4].