CECWPC(SH:601016) Zheng Quan Shi Bao Wang·2025-11-06 10:47Core Viewpoint - The company plans to raise up to 3.6 billion yuan through a private placement of A-shares to fund multiple wind power projects, enhancing its business expansion and industrial upgrade efforts [1][3]. Group 1: Private Placement Details - The private placement will involve issuing up to 1.932 billion shares, accounting for 30% of the company's total share capital of 6.44 billion shares [2]. - The issuance will be directed towards specific investors, including the controlling shareholder, China Energy Conservation and Environmental Protection Group, and its affiliates, with a maximum of 35 qualified investors participating [2]. - The pricing mechanism will be based on a competitive bidding process, with the issue price set at no less than 80% of the average trading price over the previous 20 trading days [2]. Group 2: Fund Utilization and Strategic Importance - The raised funds will be fully allocated to seven wind power projects, including a 500,000 kW green power supply project in Inner Mongolia, with a total investment of 4.663 billion yuan [3]. - The company aims to enhance its wind power project reserves and installed capacity, optimizing its regional business layout and improving its core competitiveness in the green energy sector [3]. - The company commits to adhering to legal and regulatory requirements, ensuring timely information disclosure regarding project progress to support China's energy structure transformation [3].