State Power International: Acquisition of assets has been completed.

date
11/07/2025
China Power International announced that the company has completed the issuance and registration of shares for the purchase of assets, as well as the transfer of the target assets. It is still necessary to raise matching funds through the issuance of shares within the valid period approved by the China Securities Regulatory Commission, and to handle the registration and listing procedures for the newly issued shares related to the issuance of shares for matching funds. The target assets include 80% equity of Jiangsu Company, 51% equity of Shanghai Fuxin, and 100% equity of Shanghai Minhang. The company purchased 80% equity of Jiangsu Company from China Hua Dian, paid cash to Hua Dian Furi for the acquisition of relevant equity, and purchased 100% equity of Guigang Company from Hua Dian Beijing.