Power Investment and Finance (000958.SZ) plans to set up financial services and become China Power Investment Group's nuclear power asset integration platform through restructuring

Zhitong Finance App News, China Power Investment and Finance (000958.SZ) announced that the company plans to replace 100% of the shares held by China Power Investment Group Capital Holdings Co., Ltd. (“China Nuclear Power”) with the equivalent portion of the shares held by China Nuclear Power Technology Co., Ltd. (“China Nuclear Power”); for the difference between the purchased assets and the assets placed out, the company will issue shares to buy from China Nuclear Power and China Life Insurance Co., Ltd. At the same time, the company plans to issue shares to no more than 35 specific investors to raise supporting capital. The issue price for issuing shares to purchase assets is 3.53 yuan/share.

According to reports, the main business of listed companies before this transaction included energy business, financial business, etc. After the transaction is completed, the listed company's existing financial business will be placed and assets mainly engaged in the construction, operation and management of nuclear power plants will be injected. The listed company will become the China Power Investment Group's nuclear power operation asset integration platform. Prior to this transaction, the controlling shareholder and actual controller of the company was China Power Investment Group; after the transaction is completed, the actual controller of the company will remain China Power Investment Group.