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 1% of the company's total share capital, through centralized bidding within a 90-day period [2][3]. Group 1: Shareholder Information - As of the announcement date, Hunan Energy holds 169,460,608 shares in Datang Huayin, accounting for approximately 8.34% of the total share capital [2]. - Hunan Energy acquired these shares through a stock issuance for asset acquisition in 2015 [2]. Group 2: Reduction Plan Details - The reduction plan allows Hunan Energy to adjust the number of shares to be sold if there are any corporate actions such as dividends, stock splits, or capital increases during the reduction period [2]. - If the company's stock is suspended, the start date for the reduction will be postponed accordingly [3]. Group 3: Previous Commitments - Hunan Energy previously committed not to sell its shares until March 31, 2017, after the lifting of restrictions on shares obtained during a major asset restructuring in 2015 [5]. - The current reduction plan is consistent with prior commitments made by Hunan Energy [6].
大唐华银电力股份有限公司股东减持股份计划公告