Changyuan Electric Power to unlock restricted shares in June

Guodian Changyuan Electric Power (SZSE:000966) announced the unlocking of 512,195,121 restricted shares, representing 14.71% of the company’s total share capital of 3,481,035,016 shares. The shares were issued to specific targets, including National Energy Investment Group, China Energy Construction Group, and other investment funds, as part of a private placement completed in December 2024. The unlock date is set for June 3, 2025. The initial offering was priced at CNY4.10 per share. Post-unlock, the tradable shares will increase to 15.70% of the company’s total shares outstanding. The placement aimed to raise CNY2,999,999,999.70.