CTGR(SH:600905) Zheng Quan Zhi Xing·2025-09-04 16:18Core Viewpoint - China Three Gorges New Energy (Group) Co., Ltd. announced the progress of its controlling shareholder's shareholding increase plan, indicating a commitment to enhance its stake in the company through market transactions [1][2] Summary by Sections 1. Shareholding Increase Plan Overview - The controlling shareholder, China Three Gorges Corporation, plans to increase its stake in the company by investing between RMB 1.5 billion and RMB 3 billion over the next 12 months through various trading methods, including block trades and centralized bidding [1] - The increase will not have a fixed price range and will be executed based on market conditions, using the corporation's own funds or specialized loans from financial institutions [1] 2. Progress of the Shareholding Increase - As of the announcement date, the controlling shareholder has acquired 22,691,700 shares through centralized bidding, representing approximately 0.08% of the total share capital [1] - Cumulatively, the shareholder has increased its stake by 112,637,551 shares, accounting for about 0.39% of the total share capital, with a total investment amounting to approximately RMB 482 million [1][2] 3. Implementation Details - The initial disclosure of the shareholding increase plan was made on April 9, 2025, with the planned implementation period extending until April 8, 2026 [1] - The recent share acquisition occurred between September 1 and September 4, 2025, with a total expenditure of RMB 95,900,891 for the shares acquired during this period [1] 4. Compliance and Regulatory Adherence - The shareholding increase behavior complies with relevant laws and regulations, including the Company Law and Securities Law [2] - The controlling shareholder will adhere to the regulations set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange during the implementation of the increase plan [2]