CGN POWER(SZ:003816) Zheng Quan Zhi Xing·2025-03-26 14:19Core Viewpoint - China General Nuclear Power Corporation (CGN) has announced an extension of the validity period for the resolution regarding the issuance of A-share convertible bonds to unspecified objects, as well as the authorization period for the board of directors to handle related matters [1][2]. Group 1 - The company held a temporary shareholders' meeting on August 8, 2024, where it approved the proposal for issuing A-share convertible bonds and authorized the board to manage the issuance details [1]. - The validity period for the shareholders' meeting resolution is set for twelve months from the date of approval, while certain authorizations will remain effective until the relevant matters are completed [1]. - The board of directors approved the extension of the resolution's validity period and the authorization period for handling the issuance at a meeting on March 26, 2025, extending both by an additional twelve months [2]. Group 2 - The issuance plan has received approval from the China Securities Regulatory Commission, and the company is working to ensure the continuity and effectiveness of the issuance process [2]. - Other aspects of the issuance plan and the board's authorization remain unchanged despite the extension of the validity periods [2].