China Resources Power Holdings said in a filing to the Hong Kong Stock Exchange that it has suspended Mr. Wang. Here, the China Resources Building in Hong Kong, China. Jerome Favre/Bloomberg BEIJING—Prosecutors in China are investigating Wang Yujun, president of state-owned China Resources Power Holdings Co. , the second major official probe to hit the group this year, the company said. The energy investment and production company said in a filing to the Hong Kong Stock Exchange late Tuesday that it has suspended Mr. Wang from his duties as company president, temporarily replacing him with company chairwoman Zhou Junqing, who also retains her current role. Mr. Wang couldn’t be reached for comment. Mr. Wang will remain an executive director of the company, pending the investigation’s outcome, China Resources Power said. The Communist Party in April ousted Song Lin , chairman of China Resources Holdings Co., the parent company of […]