Longyuan Electric Power announced on July 20 that China Energy Group, the controlling shareholder of the company, has full confidence in the company's future development and fully recognizes the company's value. The company has not received any notice from the controlling shareholders and their concerted actors to reduce the company's stock holdings. To further support the company's development, the National Energy Group actively promotes the implementation of capital market commitments. On October 22, 2024, the 9th meeting of the fifth board of directors of the company in 2024 deliberated and passed the “Proposal on the Company's Cash Acquisition of Some New Energy Assets of Controlling Shareholders”. The board of directors agreed that the company would purchase shares in a total of 8 new energy companies in the Shandong, Jiangxi, Gansu and Guangxi regions held by the National Energy Group in cash. The total installed capacity of the target companies in operation and construction was 2,032,900 kilowatts. Up to now, the above share acquisitions have been completed and included in the company's consolidated statements. Currently, the National Energy Group is actively promoting the injection of the next batch of new energy assets.

Longyuan Electric Power announced on July 20 that China Energy Group, the controlling shareholder of the company, has full confidence in the company's future development and fully recognizes the company's value. The company has not received any notice from the controlling shareholders and their concerted actors to reduce the company's stock holdings. To further support the company's development, the National Energy Group actively promotes the implementation of capital market commitments. On October 22, 2024, the 9th meeting of the fifth board of directors of the company in 2024 deliberated and passed the “Proposal on the Company's Cash Acquisition of Some New Energy Assets of Controlling Shareholders”. The board of directors agreed that the company would purchase shares in a total of 8 new energy companies in the Shandong, Jiangxi, Gansu and Guangxi regions held by the National Energy Group in cash. The total installed capacity of the target companies in operation and construction was 2,032,900 kilowatts. Up to now, the above share acquisitions have been completed and included in the company's consolidated statements. Currently, the National Energy Group is actively promoting the injection of the next batch of new energy assets.