Zheng Quan Zhi Xing·2025-07-17 16:10Core Viewpoint - The announcement details a proposed related party transaction where Shandong Guohui intends to participate in the company's fundraising by subscribing for shares worth up to 200 million yuan, which is part of a larger capital raising effort by the company [1][3]. Transaction Overview - The company plans to issue shares to acquire 80% of Huadian Jiangsu Energy Co., Ltd. from China Huadian Group Co., Ltd. and make cash payments for various energy assets, while also raising up to 342.8 million yuan through a share issuance to specific investors [1][3]. - The transaction is classified as a related party transaction but does not meet the criteria for a major asset restructuring as defined by regulations [1][5]. Related Party Information - Shandong Guohui is a state-owned enterprise controlled by the Shandong Provincial State-owned Assets Supervision and Administration Commission, which recently merged with the company's former major shareholder [2]. - As of June 30, 2025, the former major shareholder held 676,629,446 A shares and 72,386,000 H shares of the company, which are in the process of being transferred to Shandong Guohui [2]. Impact of the Transaction - The participation of Shandong Guohui is seen as a recognition of the company's value and future growth potential, which is expected to enhance the company's capital structure and benefit all shareholders [3][4]. Approval Process - The transaction has been approved by the company's board of directors and the audit committee, with all independent directors supporting the proposal [4][5].