The 5th review meeting of the Shenzhen Stock Exchange M&A and Reorganization Review Committee in 2024 was held on October 14, 2024. The review announcement is as follows: Gansu Power Investment Energy Development Co., Ltd. issued shares to purchase assets in accordance with the restructuring conditions and information disclosure requirements. The project took 101 natural days from acceptance to completion. This restructuring is the first merger, acquisition and restructuring project in the A-share market since the publication of the “Six Mergers and Acquisitions Rules”. The target asset of this restructuring is the only supporting peak shifting project for the Hexi Corridor Clean Energy Base in Gansu Province. After the restructuring is implemented, Gansu Energy will expand into peak-shifting power supply business fields related to new energy power generation, significantly enhance the profitability of listed companies, and accelerate the development of new quality productivity. This is a typical example of the capital market serving the country's strategic goal of “transmission from west to east” and making a big “green finance” article.

The 5th review meeting of the Shenzhen Stock Exchange M&A and Reorganization Review Committee in 2024 was held on October 14, 2024. The review announcement is as follows: Gansu Power Investment Energy Development Co., Ltd. issued shares to purchase assets in accordance with the restructuring conditions and information disclosure requirements. The project took 101 natural days from acceptance to completion. This restructuring is the first merger, acquisition and restructuring project in the A-share market since the publication of the “Six Mergers and Acquisitions Rules”. The target asset of this restructuring is the only supporting peak shifting project for the Hexi Corridor Clean Energy Base in Gansu Province. After the restructuring is implemented, Gansu Energy will expand into peak-shifting power supply business fields related to new energy power generation, significantly enhance the profitability of listed companies, and accelerate the development of new quality productivity. This is a typical example of the capital market serving the country's strategic goal of “transmission from west to east” and making a big “green finance” article.