Core Viewpoint - Hunan Energy Group plans to reduce its stake in Datang Huayin Electric Power Co., Ltd. by selling up to 20,311,242 shares, representing approximately 1% of the company's total share capital, from September 29, 2025, to December 26, 2025, due to its own operational investment needs [1][2]. Group 1: Shareholder Information - Hunan Energy holds 169,460,608 shares in Datang Huayin Electric Power, accounting for 8.34% of the total share capital [2]. - The shares held by Hunan Energy were acquired through a stock issuance for asset purchase in 2015 [2]. Group 2: Reduction Plan Details - The reduction will be executed through centralized bidding, with a maximum of 20,311,242 shares to be sold [2]. - The plan allows for adjustments in the number of shares to be reduced in case of any corporate actions like issuance of new shares or rights issues [2]. Group 3: Compliance and Commitments - Hunan Energy has made commitments regarding the non-transfer of shares if any false information is found or if it is under investigation by judicial authorities or the China Securities Regulatory Commission [1][3]. - The planned reduction aligns with previous commitments made by Hunan Energy regarding shareholding post the lifting of restrictions in 2016 [3].
华银电力: 大唐华银电力股份有限公司股东减持股份计划公告
