In 1983 the company established a 25/75 joint venture with Guangdong Nuclear Power for the construction and operation of the Daya Bay Nuclear Power Plant. On 6 January 1998, CLP Holdings Limited replaced China Light & Power Company, Limited as the new holding company listed on the Stock Exchange of Hong Kong.
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Emergency management is the organization and management of resources and responsibilities for dealing with all humanitarian aspects of emergencies. The aim is to reduce the harmful effects of all hazards, including disasters. It should not be equated to disaster management. The World Health Organization defines an emergency as the state in which normal procedures are interrupted, and immediate measures need to be taken to prevent that state turning into a disaster. Thus, emergency management i