Huadian Liaoning Energy Development (600396.SH) plans to increase capital by 100 million yuan to Huadian (Liaoning) Energy Sales Co., Ltd.

China Power Liaoning Energy (600396.SH) issued an announcement that, based on the company's development plan, in order to enhance customer cooperation trust and market bargaining power, actively participate in the power trading of key power users in Liaoning Province. The company plans to increase the registered capital of its wholly-owned subsidiary, State Power (Liaoning) Energy Sales Co., Ltd. (referred to as Energy Sales Company) by 100 million yuan, to ensure that the actual and total assets of the Energy Sales Company reach over 200 million yuan, so as to ensure the Energy Sales Company's normal participation in power market transactions of over 60 billion kilowatt-hours.