Datang Power Generation (00991) plans to increase capital to Datang Lusigang by about 920 million yuan

According to the Zhitong Finance App, Datang Power Generation (00991) announced that on August 28, 2026, the company, Datang Jiangsu, Nantong SDIC and Datang Lusigang signed a capital increase agreement. Based on this, the company, Datang Jiangsu, and Nantong SDIC agreed to increase the registered capital of Datang Lu Si Port in cash. Among them, according to their respective shareholding ratios in Datang Lu Sigang and the capital requirements for the expansion project, it is tentatively estimated that the company will increase its capital by about 920 million yuan, Datang Jiangsu will increase its capital by about 585 million yuan, and Nantong SDIC will increase its capital by about 167 million yuan, for a total capital increase of about 1,672 million yuan.

After the capital increase was completed, the company's total investment in Datang Lu Si Gang was about 1,593 billion yuan, and the total shareholding ratio was still 55%; Datang Jiangsu's total investment in Datang Lu Si Gang was about 1,013 million yuan, and the total shareholding ratio was still 35%; the total investment amount of investment from Nantong SDIC into Datang Lu Si Gang was about 290 million yuan, and the total shareholding ratio was still 10%.

According to the announcement, this capital increase can bring new capital injections to Datang Lu Si Port, enhance Datang's financial strength and financing capacity, promote the smooth development of its expansion project, optimize the company's power supply structure, and meet the company's energy transformation and development direction. The expansion project is a 2 x 1 million kilowatt expansion project for Lusi Port in Datang.