Qianyuan Power: The related party transactions with China Guodian Nanzi and Huadian Electric Science Institute amounted to 39.80 million yuan.

date
19/12/2025
Qianyuan Power Announcement, the company's controlling subsidiary Guizhou Beipanjiang Power Co., Ltd. "Artificial Intelligence Technology Research and Engineering Demonstration Project in the Hydropower New Energy Field" project was procured through a single-source method, and China National Electric Southern Power Distribution and China Huadian Electric Power Research Institute were determined as winning bidders. The amounts of related transactions are 28.18 million yuan and 11.62 million yuan, totaling 39.80 million yuan. China National Electric Southern Power Distribution and China Huadian Electric Power Research Institute are both controlling subsidiaries of the company's controlling shareholder China HuaDian Group Co., Ltd. This related transaction has been approved by the company's board of directors, and related directors have abstained from voting.