CGN Power's parent to increase H-share holdings

CGN Power (SZSE:003816) announced today that its controlling shareholder, CGN, intends to increase its holdings of the company's H shares via the Shenzhen-Hong Kong Stock Connect system. The planned increase will not exceed 5% of the total issued H shares as of April 8, 2025. CGN directly holds 29,736,876,375 shares of CGN Power, comprising 29,176,641,375 A shares and 560,235,000 H shares, representing approximately 58.89% of the company's total share capital. The purchase plan is slated to occur over the next 12 months, using CGN's own funds, and will be executed through centralized bidding. CGN has committed not to reduce its holdings in CGN Power during the implementation period and within the statutory time limit.