SPIC Dongfang New Energy expands REITs with Liangcun Thermal Power assets

National Power Investment Group Financial Holdings Co., Ltd. announced resolutions from its Seventh Board of Directors' Twenty-Seventh Meeting, held on September 12, 2025. All seven directors, with chairperson Feng Junjie presiding, attended the meeting which was convened electronically on September 5.

A key resolution passed was "Regarding the proposal to conduct a follow-on issuance of REITs using Liangcun Thermal Power assets." The proposal received unanimous approval, with 7 votes in favor, 0 against, and 0 abstentions. This decision follows thorough discussion and research by the Strategic Investment Committee, whose recommendations were adopted by the board.

The full details of this resolution and the Strategic Investment Committee's recommendations from its third meeting in 2025 are available on the Juchao Information Network (www.cninfo.com.cn). This announcement was made public on September 13, 2025, by the board of directors of National Power Investment Group Financial Holdings Co., Ltd.