Datang Power Generation (00991.HK) plans to issue up to 2.667 billion new A shares, raising a total of no more than 8 billion yuan.
China Fortune Financial News APP news, Datang Power (00991.HK) announced that on July 9, 2026, the board of directors decided to submit a resolution to an extraordinary general meeting to approve the issuance of up to 2.667 billion new A shares (including this amount) to not more than 35 specific investors (including Datang Group) at the A-share subscription price, raising a total of no more than 8 billion yuan. Among them, the controlling shareholder Datang Group has agreed to subscribe to the A shares issued to specific investors in cash, with a subscription ratio of 20% of the total number of shares to be issued and a subscription amount not exceeding 1.6 billion yuan (including this amount). The remaining shares will be subscribed for in cash by other qualified investors.
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