The holding subsidiary of China National Nuclear Power (601985.SH), Zhongke Huineng, plans to receive a total of 7.896 billion yuan in additional capital.

China National Nuclear Power (601985.SH) announced that in order to enhance the core competitiveness of the company's new energy industry, expand and strengthen the advantages of the new energy business, and further raise funds for corporate development, the controlling subsidiary, CNNC Huineng, plans to increase its capital. This capital increase will be conducted through a non-public agreement, with CNNC Group, CNNC Capital, and other original shareholders of CNNC Huineng, excluding Zhuhai Deqing and Ronghe Fund, as the main contributors. The total capital increase for CNNC Huineng will be 7.896 billion yuan, with 653 million yuan going towards the registered capital and 7.243 billion yuan going towards capital surplus. As a controlling subsidiary of the company, CNNC Huineng's installed capacity and profitability have been continuously improving, with sound financial indicators. The capital increase for CNNC Huineng will raise a significant amount of development funds, expand its business scale, enhance its non-nuclear clean energy sector strength, and reduce its debt-to-asset ratio. This will help further tap into internal and external development potential and drive forces, promoting the healthy, rapid, and sustainable development of the company's new energy industry. After the completion of this transaction, there will be no changes to the company's consolidated financial statements range, and it will not have a significant impact on the company's current operating performance.