Huapei Power announced that recently, Huajian Investment, the controlling shareholder, will pledge 233.491 million shares to repay debts; actual controller Wu Huailei and Wu Jia, the co-actor, handled 1.2 million shares and 500,000 shares respectively, without involving additional financing. As of the announcement date, Huajian Investment directly held 140 million shares, accounting for 41.22% of the total share capital, and pledged a total of 59.6191,000 shares, accounting for 42.73% of its shares; Wu Huailei directly held 246.926 million shares, accounting for 7.29%, and pledged 11.7 million shares, accounting for 47.38%; Wu Jia directly held 11.32,700 shares, accounting for 3.34%, and a total of 5 million shares, accounting for 44.16%. Huajian Investment and its co-actors have pledged a total of 763.191,000 shares, accounting for 43.47% of its total holdings and 22.54% of the total share capital. There is no risk of liquidation, and it will not lead to a change in actual control.

Huapei Power announced that recently, Huajian Investment, the controlling shareholder, will pledge 233.491 million shares to repay debts; actual controller Wu Huailei and Wu Jia, the co-actor, handled 1.2 million shares and 500,000 shares respectively, without involving additional financing. As of the announcement date, Huajian Investment directly held 140 million shares, accounting for 41.22% of the total share capital, and pledged a total of 59.6191,000 shares, accounting for 42.73% of its shares; Wu Huailei directly held 246.926 million shares, accounting for 7.29%, and pledged 11.7 million shares, accounting for 47.38%; Wu Jia directly held 11.32,700 shares, accounting for 3.34%, and a total of 5 million shares, accounting for 44.16%. Huajian Investment and its co-actors have pledged a total of 763.191,000 shares, accounting for 43.47% of its total holdings and 22.54% of the total share capital. There is no risk of liquidation, and it will not lead to a change in actual control.