CGN Power delays circular on acquisitions, service caps until late September

CGN Power Co., Ltd. announced a delay in the publication of its circular, which was originally scheduled for September 17, 2025. The circular, related to an announcement made on August 27, 2025, covers a discloseable and connected transaction involving the acquisition of equity interests in four companies and the revision of annual caps for continuing connected technical support and maintenance services. The company now expects to publish the circular on or before September 30, 2025.

The acquisition plan includes CGN Power obtaining 82% equity in CGN Huizhou Nuclear Power Co., Ltd., and 100% equity in CGN Huizhou No. 2 Nuclear Power Co., Ltd., CGN Huizhou No. 3 Nuclear Power Co., Ltd., and CGN Zhanjiang Nuclear Power Co., Ltd., all from China General Nuclear Power Corporation. Additionally, the company is revising the 2025-2027 annual caps for technical support and maintenance services provided by the group.

The delay is attributed to the company requiring additional time to prepare and confirm the relevant information slated for inclusion in the circular. This announcement was made by Yin Engang, chief financial officer, joint company secretary, and board secretary of CGN Power Co., Ltd., on September 16, 2025.