Huitian Thermal Power: Intends to purchase heat-related transactions with an amount not exceeding 500 million yuan.

date
19/09/2025
Huixian Thermal Power Announcement: In order to ensure the heating demand for the 2025-2026 heating season, the holding subsidiary, Two Heat Company, plans to continue purchasing heat from CR Power Shenyang Co., Ltd, with an expected purchase amount of approximately 9.5 million GJ, at a purchase price not exceeding 48 yuan/GJ. The expected transaction amount for this deal is not expected to exceed 500 million RMB, accounting for 272.46% of the company's audited net assets for the year 2024. This transaction constitutes a related party transaction, but it is not a major asset restructuring and does not require approval from relevant departments, but must be approved by the company's shareholders' meeting. Since the beginning of the year, the company has had cumulative transactions with this related party amounting to 334 million RMB.