Power Investment Finance (000958.SZ) discloses major asset restructuring plan to resume trading next Monday

Zhitongcaijing · 10/18 12:09

Zhitong Finance App News, China Power Investment and Finance (000958.SZ) announced that the company plans to purchase a controlling interest in China Power Investment Nuclear Energy Co., Ltd. by issuing shares, while also placing a controlling interest in China Power Investment Group Capital Holdings Co., Ltd. and will raise supporting capital (“this transaction”) according to specific circumstances. The transaction is expected to constitute a major asset restructuring and related transaction, and does not constitute a change in actual controller. Trading of the company's shares has been suspended since the opening of the market on September 30, 2024 (Monday).

On October 18, 2024, the company held the 17th meeting of the 7th board of directors to deliberate and pass relevant proposals such as the “Proposal on the 'Major Asset Replacement and Issuance of Shares to Purchase Assets and Raise Supporting Funds and Related Transactions of China Power Investment Group Co., Ltd.” and its summary. Following the application, trading of the company's shares will resume from the opening of the market on October 21, 2024 (Monday).