CITIC Energy: plans to raise funds of no more than 2 billion yuan, all of which will be used for the fourth phase project of Xibaipo Power Plant

CITIC Energy announced that the number of investors in this issuance will not exceed 35, and the issue price will not be less than 80% of the average trading price of the company's stock in the 20 trading days prior to the pricing benchmark date. The number of shares issued will not exceed 231 million, and the total amount of funds raised will not exceed 2 billion yuan, all of which will be used for the fourth phase project of Xibapo Power Plant after deducting issuance expenses. After this issuance is completed, there will be no changes in the controlling shareholders and actual controllers. The shares subscribed by the investors in this issuance cannot be transferred within 6 months from the end of the issuance. This issuance still needs to obtain approval from the China Securities Regulatory Commission before it can be implemented.