China Huadian New Energy: The controlling shareholder plans to transfer 29% of its shares to China Huadian without compensation.

Hua Dian Xin Neng announced that its controlling shareholder, Hua Dian Fu Rui, signed a "Free Transfer Agreement" with China Huadian on August 5. Hua Dian Fu Rui plans to transfer 12.097 billion shares it holds to China Huadian free of charge. After the transfer, the company's controlling shareholder will change from Hua Dian Fu Rui to China Huadian, while the actual controller remains unchanged. The total shareholding ratio of China Huadian will remain at 72.72% before and after this free transfer. This matter still requires compliance confirmation from the Shanghai Stock Exchange and the completion of the transfer registration.