Securities Code: 000537
Bond Code: 148562
Bond Code: 524531
Securities Abbreviation: Green Power
Bond Abbreviation: 23 Green Power G1
Bond Abbreviation: 25 Green Power G1
Announcement No.: 2026-050
Tianjin Green Power Group Co., Ltd.
Announcement on the Investment in the 460,000 kW Wind Power Project in Tianjin Binhai New Area
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Overview of External Investment
Tianjin Green Power Group Co., Ltd. (hereinafter referred to as the "Company") held the 29th meeting of the 11th Board of Directors on August 7, 2026. The meeting approved, by a vote of 9 for, 0 against, and 0 abstentions, the "Proposal on Investing in the 460,000 kW Wind Power Project in Tianjin Binhai New Area." It was agreed that the wholly-owned subsidiaries Tianjin Dagu Green Power Co., Ltd., Tianjin Hanggu Green Power Co., Ltd., and Tianjin Zhaishang Green Power Co., Ltd. will invest in and construct the 460,000 kW wind power project in Tianjin. The dynamic total investment is approximately RMB 2.475 billion, of which 20% is capital. The capital will be contributed proportionally by the shareholders of the holding subsidiaries through self-raised or own funds, and the remaining funds will be obtained through bank loans by the relevant holding subsidiaries.
This external investment does not constitute a related-party transaction and does not constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies." Given the large investment amount and high public attention for the Tianjin 460,000 kW wind power project, and in conjunction with the opinions and suggestions from relevant government departments in Tianjin, this proposal was submitted for the shareholders' meeting approval with the unanimous consent of all directors.
II. Basic Information of This External Investment