
Core Viewpoint - Changjiang Electric Power has announced a share buyback plan by its controlling shareholder, China Three Gorges Group, with a maximum investment of 8 billion yuan [1] Summary by Relevant Sections Share Buyback Plan - The controlling shareholder plans to increase its stake in Changjiang Electric Power through the secondary market within the next 12 months, with a minimum investment of 4 billion yuan and a maximum of 8 billion yuan [1] - The buyback methods include centralized bidding and block trading, with funding sourced from the shareholder's own funds and self-raised funds [1] Historical Context - This marks the sixth share buyback plan since the company was listed, indicating a consistent strategy to enhance shareholder value [1] - Changjiang Electric Power is recognized as a blue-chip stock with typical value growth characteristics in the A-share market [1] Stock Performance - Since its listing on November 18, 2003, the stock price has shown a long-term steady upward trend, with a cumulative increase of over 15 times [1] - However, the stock has underperformed in the current year, with a decline of 2.59% despite the overall market rising, and the company's total market capitalization stands at 681.9 billion yuan [1]