China Yangtze Power's parent secures loan for stake increase

China Yangtze Power Co., Ltd. announced that its controlling shareholder, China Three Gorges Corporation, has made substantial progress in its share increase plan. As of October 23, 2025, China Three Gorges Group has cumulatively increased its stake in China Yangtze Power by 90.7038 million shares through centralized bidding, representing approximately 0.37% of the total share capital. The total amount invested for these shares is RMB 2,530,978,300. The initial plan, announced on August 23, 2025, aimed to increase holdings by RMB 4 bn to RMB 8 bn.

In a new development, China Three Gorges Group has received a commitment letter from the Three Gorges Branch of Agricultural Bank of China Co., Ltd. for a special loan to support its share increase efforts. The loan commitment is for up to RMB 7.2 bn, with a term of three years, and is exclusively for increasing shares in China Yangtze Power.

The company highlighted potential risks, noting that the share increase plan could be delayed or not fully implemented due to changes in the capital market. China Yangtze Power pledged to disclose any such risks promptly if they arise during the plan's execution.