Guoneng Suzhou Thermal Power Co., Ltd. announced a placement of common shares for gross proceeds of CNY 42,250,000 on November 23, 2023. The transaction will include participation from returning investor, Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd to maintain its stake at 21%. The transaction has been approved at the fourth meeting of the eighth board of directors of Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd. and does not need to be submitted to the company?s shareholders.

The registered capital of the company is CNY 500,800,000.