SDIC Power board approves semi-annual report, risk assessments

SDIC Power Holdings' board of directors met on August 28, 2025, approving several key reports. The board passed the company's 2025 semi-annual report and a special report on the use of raised funds for the first half of 2025. Additionally, the 2024 "Quality Improvement, Efficiency Enhancement, and Returns" action plan execution was approved. All resolutions passed with 9 votes in favor.

The board also approved ongoing risk assessment reports for two financial affiliates: SDIC Finance Co., Ltd. and Rongshi International Treasury Management Co., Ltd. These reports passed with 8 votes in favor, with director Liu Guojun abstaining. Both entities were confirmed to have robust internal controls, and their financial services to SDIC Power are deemed to have controllable risks.

As of June 30, 2025, SDIC Finance reported total assets of CNY 45.031 bn, while Rongshi International Treasury had total assets of $1,367,290.41. SDIC Power's daily average deposits with SDIC Finance were CNY 10.007 bn and with Rongshi International Treasury were $423.38. The company will continue to monitor these affiliates through semi-annual financial reviews.