State Power Investment Corporation's 725 million shares of first-tier placed restricted stocks will be listed for public trading.

State Power New Energy announced that the restricted shares being released from the lock-up period and entering the market for trading are restricted shares formed by the proportionate lock-up method for the first public offering of shares and sold to offline investors. The total number is 724,638,355 shares, accounting for 1.74% of the company's total equity. The lock-up period for the shares is 6 months from the company's stock listing on July 16, 2025, and they will be eligible for trading on the market from January 16, 2026. After the shares enter the market for trading, the restricted shares subject to conditions will decrease to 38,484,472,107 shares, while the unrestricted shares will increase to 3,229,813,607 shares.