
Group 1 - China Three Gorges Group plans to transfer 979 million shares of China Yangtze Power, accounting for 4% of the total share capital, to its wholly-owned subsidiary, Yangtze Environmental Protection Group, as part of a strategy to enhance ecological and environmental business support [1] - After the transfer, China Three Gorges Group's shareholding in China Yangtze Power will decrease from 46.81% to 42.81%, with the new shareholding amounting to 10,474,432,302 shares [1] - Yangtze Environmental Protection Group will become the fifth largest shareholder of China Yangtze Power following the transfer [1] Group 2 - Yangtze Environmental Protection Group was established on December 28, 2018, with a registered capital of 30 billion yuan and has over 2,000 employees and assets exceeding 90 billion yuan as of the end of 2023 [2] - The mission of Yangtze Environmental Protection Group is to participate in ecological environment protection and restoration along the Yangtze River Economic Belt, focusing on becoming a technology-driven environmental protection enterprise [3] - China Yangtze Power has committed to a dividend policy stating that the dividend payout ratio from 2021 to 2025 will not be less than 70% [3] Group 3 - In 2024, China Yangtze Power reported a net profit of 32.52 billion yuan, representing a year-on-year increase of 19.36% [3] - Yangtze Environmental Protection Group is expected to gain substantial income through share dividends from its holdings in China Yangtze Power [4]