Jingneng Electric Power announced that it plans to issue A-shares to specific targets to raise no more than 5 billion yuan. The net capital raised after deducting the issuance fee is to be invested in the Hebei Beijing Nengzhuozhou Thermal Power Expansion Project, the 1500MW “Integrated Scenery and Fire Storage” large-scale wind power photovoltaic base project in Ulanqab, and the acquisition of 40% of Shiyan Thermal Power's shares held by Jingneng Group and supplementary working capital and debt repayment. The current issuance of A-shares to specific targets is no more than 35 specific investors who meet the requirements specified by the China Securities Regulatory Commission, including Tokyo Energy Group, the holding stock of the company. Jingneng Group plans to subscribe for no less than 1 billion yuan and no more than 2.5 billion yuan of shares issued.

Zhitongcaijing · 2d ago
Jingneng Electric Power announced that it plans to issue A-shares to specific targets to raise no more than 5 billion yuan. The net capital raised after deducting the issuance fee is to be invested in the Hebei Beijing Nengzhuozhou Thermal Power Expansion Project, the 1500MW “Integrated Scenery and Fire Storage” large-scale wind power photovoltaic base project in Ulanqab, and the acquisition of 40% of Shiyan Thermal Power's shares held by Jingneng Group and supplementary working capital and debt repayment. The current issuance of A-shares to specific targets is no more than 35 specific investors who meet the requirements specified by the China Securities Regulatory Commission, including Tokyo Energy Group, the holding stock of the company. Jingneng Group plans to subscribe for no less than 1 billion yuan and no more than 2.5 billion yuan of shares issued.