Yangtze Power controlling shareholder ups stake, nearing 53% ownership

China Yangtze Power Company Limited announced that its controlling shareholder, China Three Gorges Corporation, and its concerted parties, have increased their stake in the company. This marks a 1% threshold increase, with the total shareholding rising from 52.58% to 53.00%. The acquisition involved 103,342,440 shares, totaling an investment of 2,884,030,612.26 yuan.

The share increase was conducted through open market purchases via centralized bidding, occurring between August 23, 2025, and December 8, 2025. This action is part of a previously disclosed plan by China Three Gorges Corporation to increase its holdings by 4 bn yuan to 8 bn yuan over 12 months, reflecting confidence in China Yangtze Power's future development.

The share increase did not result in a change of the company's controlling shareholder or actual controller. China Three Gorges Corporation plans to continue implementing its share increase plan based on capital market conditions. The company will disclose further progress as it occurs.