China Power International amends asset restructuring, adjusts consideration for Wu Ling, Changzhou

China Power International Development and its subsidiaries have entered into supplemental agreements to amend proposed asset restructuring, affecting the transfer of Wu Ling Power and Changzhou Hydropower. The total consideration for Wu Ling Power was adjusted to 24,267,342,000 yuan, with the cash component modified due to proposed cash dividends of 400,000,000 yuan distributed to shareholders. The company will receive 15,288,425,460 yuan, and Xiangtou International will receive 8,978,916,540 yuan, with the number of consideration shares remaining unchanged.

Similarly, the consideration for Changzhou Hydropower was adjusted to 2,912,357,818.37 yuan for Guangxi Company, reflecting proposed cash dividends of 155,832,000 yuan. Under the amended agreements, compensation for profit undertaking and impairment will now primarily be settled via compensation shares instead of cash, subject to specific applicable provisions. The maximum number of compensation shares for the company is 381,735,317, for Xiangtou International is 224,186,418, and for Guangxi Company is 398,167,938.

The total issued shares of Yuanda Environmental could reach 3,376,116,528, with the group potentially holding 48.43% equity interest. These amendments do not constitute material changes requiring shareholder approval under Chapter 14A of the listing rules.