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China General Nuclear Power: Controlling shareholder CGN plans to increase its stake in H shares by no more than 5% within 12 months

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2025-04-08 10:58:53
On April 8, China General Nuclear Power announced that the controlling shareholder of China General Nuclear Power plans to increase its holdings of the company's H shares through the Shenzhen-Hong Kong Stock Exchange system within 12 months from the date of disclosure of the announcement. The cumulative increase ratio does not exceed 5% of the total number of H shares issued by the company as of April 8, 2025. CGN currently directly holds 29.737 billion shares of the company, accounting for about 58.89% of the total share capital. The increase is based on confidence in the company's value recognition and future sustainable and stable development. The increase is based on CGN equity funds, and promises not to reduce its holdings during the implementation of the plan and within the statutory period.
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