State Power Investment Corporation: Intends to acquire 100% stake in China National Nuclear Corporation to increase asset size and profitability.

State Power Investment Corporation announced that it plans to purchase 100% equity of SPIC Nuclear Power through asset replacement and issuance of shares, while also selling 100% equity of State Power Investment Group Capital Holdings Limited, and raising supporting funds. Excluding the funds raised, after the completion of the transaction, the total operating revenue in 2024 will increase from 5.745 billion yuan to 10.701 billion yuan, and the net profit will increase from 1.363 billion yuan to 3.905 billion yuan; in the first half of 2025, the total operating revenue will increase from 2.665 billion yuan to 5.64 billion yuan, and the net profit will increase from 574 million yuan to 2.523 billion yuan. The company plans to take measures such as accelerating the integration of SPIC Nuclear Power, improving corporate governance, and refining profit distribution policies to prevent dilution of immediate returns from the transaction.