Zheng Quan Zhi Xing·2025-08-27 12:12Core Viewpoint - The company plans to issue H shares to a specific entity, Hebei Construction Investment Group, to raise funds for its renewable energy and clean energy projects, which will enhance its financial stability and market confidence [1][10]. Summary by Sections 1. Overview of Related Transactions - The company intends to issue 307,000,000 H shares at a price of 4.93 HKD per share, raising a total of 1,513,510,000 HKD [1][6]. - This transaction is classified as a related party transaction but does not constitute a major asset restructuring [1][2]. 2. Related Party Information - Hebei Construction Investment Group holds 48.95% of the company's shares, making it the controlling shareholder [2][3]. 3. Financial Data of Related Party - As of March 31, 2025, Hebei Construction Investment Group reported total assets of 32,305,459.93 million CNY and net assets of 13,691,717.47 million CNY [5]. - For the first quarter of 2025, the company reported revenue of 1,599,741.26 million CNY and a net profit of 173,012.17 million CNY [5]. 4. Purpose of the Fundraising - The funds raised will primarily support the development of the company's renewable energy and clean energy projects, particularly in wind and natural gas sectors [9][10]. - The company aims to optimize its capital structure and enhance financial stability, as its debt-to-asset ratio is currently at 67.73% [10]. 5. Market Confidence and Shareholder Benefits - The full subscription of the H shares by the controlling shareholder is expected to boost market confidence and support the company's high-quality development [10]. 6. Approval Process for the Transaction - The transaction has been approved by the company's board and independent directors, ensuring compliance with relevant laws and regulations [10][11].