SPIC Financial Holdings' major asset restructuring set for review by SZSE

China Power Investment Corporation Financial Holdings Co., Ltd. (the company) has announced that the Shenzhen Stock Exchange (SZSE) Mergers and Acquisitions Restructuring Review Committee will convene its 12th review meeting of 2025 on December 4, 2025. The meeting will assess the company's application for a major asset restructuring, which includes an asset swap, issuance of shares to purchase assets, and the raising of supporting funds.

The proposed transaction involves the company acquiring 100% equity in China Power Investment Nuclear Energy Co., Ltd. while simultaneously divesting 100% equity in China Power Investment Capital Holdings Co., Ltd. This is classified as a connected transaction. The company emphasizes that the final implementation of this transaction is contingent upon approval from the SZSE and registration consent from the China Securities Regulatory Commission, highlighting uncertainties regarding its passage and timing.

The company commits to transparent disclosure of progress in accordance with relevant laws and regulations, urging investors to monitor subsequent announcements and exercise caution due to investment risks. This announcement serves to inform the market about the upcoming review of this substantial corporate action.