SDIC Power Holdings forecasts significant 2026 related-party transactions

SDIC Power Holdings has projected significant related-party transactions for 2026, including deposits and loan-type capital movements with SDIC Finance Co. and Rongshi International Treasury Management Company. The company estimates a maximum daily deposit balance of 18 bn yuan with SDIC Finance Co., and a maximum daily loan balance of 38 bn yuan across various related parties. Rongshi International Treasury Management Company is expected to have a maximum daily deposit balance of $5 bn and a maximum daily loan balance of $15 bn with SDIC Power Holdings.

These transactions, approved by the board on December 19, 2025, and pending shareholder approval on January 5, 2026, are deemed necessary for normal operations and capital balance. The total projected amount for 2026 represents a substantial increase in financial interactions compared to actual figures from January to November 2025.

The transactions also include receiving labor services from various SDIC Group subsidiaries and selling goods such as electricity and coal unloading services. Independent directors have affirmed that these transactions adhere to fair pricing principles and will not adversely affect the company's independence or the interests of small and medium shareholders.