Gepic Energy Development (000791.SZ): China Yangtze Power intends to participate in the company's additional share issuance and plans to subscribe for an amount not exceeding 600 million yuan.

Announcement from Gepic Energy Development (000791.SZ): The company plans to acquire 66.00% equity of Gansu Diantou Canle Power Generation Co., Ltd. held by Gansu Province Power Investment Group Co., Ltd. through issuing shares and paying cash. At the same time, the company plans to issue shares to no more than 35 (including) qualified specific objects to raise funds of no more than 1.9 billion yuan. The company recently received a letter of intent to subscribe from China Yangtze Power Co., Ltd. ("China Yangtze Power"), and China Yangtze Power or its affiliates intend to participate in the subscription of shares issued to specific objects by the company, with a subscription amount not exceeding 600 million yuan. As of the date of this announcement, the company has not yet signed a related share subscription agreement with China Yangtze Power or its affiliates.