Group 1 - The restructuring of Electric Power Investment Corporation (000958) has successfully passed the shareholders' meeting, marking the completion of the corporate governance process for the merger [1] - The proposed transaction involves the acquisition of 100% equity of Electric Power Nuclear and the divestment of 100% equity of Capital Holdings, allowing the company to become a platform for integrating nuclear power operations under the State Power Investment Corporation [1] - The restructuring is expected to enhance the company's energy business by integrating nuclear, thermal, and renewable energy assets, which will help in reducing operational risks and achieving synergies in market, technology, and management [1] Group 2 - China's nuclear power industry has entered a new phase of active and orderly development, with an accelerated approval process for nuclear power units, establishing nuclear power as a baseload energy source in the new power system [2] - Since 2022, China has approved more than 10 nuclear power units annually, indicating a shift from a conservative to a rapid development policy for nuclear power [2] - Electric Power Nuclear employs various leading nuclear technologies, including AP1000 and CAP1000, with the Shandong Haiyang Nuclear Power Plant set to become the world's largest base using passive pressurized water reactor technology [2] Group 3 - The restructuring project of Electric Power Investment Corporation is one of the earliest central enterprise restructuring projects following the "9.24" merger policy, aligning with central government calls and market demands [3] - Mergers and acquisitions are seen as beneficial for increasing the supply of quality assets and reshaping the valuation of listed companies, enhancing their competitiveness and stability [3] - The restructuring will require further regulatory procedures, including material submissions and regulatory inquiries, which the company plans to execute in an orderly manner to ensure a solid foundation for integration [3]