Electricity production financing: Announcement of revision of the report on major asset replacement and issuance of shares for the purchase of assets

The announcement of the production and financing plan of the State Grid Corporation of China stated that the company intends to purchase 100% equity of China Nuclear Power from State Power Investment Corporation through asset replacement and issuance of shares, transfer 100% equity of State Power Investment Corporation and raise supporting funds. On November 13, 2025, the company held board of directors and board of supervisors meetings to adjust the transaction scheme. The company revised some contents of the relevant documents of this transaction, disclosed the restructuring report and its summary, and updated and supplemented the contents of the cover, interpretation, and significant matters reminder chapters. In addition, the company and intermediary institutions also made corresponding supplements and updates to the contents of the responses to the review inquiry letters.