China Three Gorges begins increasing stake in China Yangtze Power
China Three Gorges Corporation (CTG), the controlling shareholder of China Yangtze Power Co., Ltd., has commenced its previously announced share increase plan. As of September 4, 2025, CTG has increased its stake by 41.1471 million shares through centralized bidding on the Shanghai Stock Exchange, totaling 1,164.4978 million yuan. This initial phase of the increase contributes 0.17% of China Yangtze Power's total share capital.
The share increase plan, originally disclosed on August 23, 2025, aims for CTG to increase its stake by 4 billion yuan to 8 billion yuan within 12 months, using its own and self-raised funds. The current activity occurred between August 23, 2025, and September 4, 2025.
CTG, along with its consistent actions, holds a significant position in China Yangtze Power, with a pre-increase stake of 42.81%. The company cautions investors about potential risks to the full execution of the plan, including changes in capital market conditions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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