China Power (02380): Jianxin Investment will reduce the registered capital of Xinyuan Green Energy to 1.666 billion yuan.

China Power (02380) announced that on February 12, 2026, Jianxin Investment, the company, and Xinyuan Green Energy (a subsidiary of the company) entered into a capital reduction agreement. Jianxin Investment will reduce its equity in Xinyuan Green Energy by way of capital reduction to RMB 1.666 billion (equivalent to approximately HKD 1.8716 billion), exiting all its shares in Xinyuan Green Energy for a consideration of RMB 2.006 billion (equivalent to approximately HKD 2.254 billion). Following the capital reduction, the registered capital of Xinyuan Green Energy will decrease from RMB 3.666 billion (equivalent to approximately HKD 4.119 billion) to RMB 2 billion (equivalent to approximately HKD 2.247 billion). The company's equity in Xinyuan Green Energy will increase from 54.56% to 100%. After Jianxin Investment exits Xinyuan Green Energy, it will become a wholly-owned subsidiary of the company. The company is optimistic about the future development of Xinyuan Green Energy and will have the right to enjoy all future profits generated by Xinyuan Green Energy, thereby increasing the contribution to the company's shareholders' net profit.