Stock Code: 000881 Stock Abbreviation: CGN Nuclear Technology
CGN Nuclear Technology Development Co., Ltd.
Summary of Acquisition Report
Name of Listed Company: CGN Nuclear Technology Development Co., Ltd.
Place of Stock Listing: Shenzhen Stock Exchange
Stock Abbreviation: CGN Nuclear Technology
Stock Code: 000881
Acquirer: CGN Nuclear Technology Application Co., Ltd.
Domicile/Correspondence Address: Room 801, 8th Floor, North Tower, CGN Building, No. 2002 Shennan Avenue, Fuzhong Community, Lianhua Street, Futian District, Shenzhen
Person Acting in Concert: CGN Capital Holdings Co., Ltd.
Domicile/Correspondence Address: 23rd Floor, North Tower, CGN Building, No. 2002 Shennan Avenue, Lianhua Street, Futian District, Shenzhen
July 2026
Declaration
The relevant terms in this declaration have the same meanings as those in the "Definitions" section of this report summary.
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This report summary is prepared by the acquirer in accordance with the Company Law, the Securities Law, the Administrative Measures for the Takeover of Listed Companies, and the Content and Format Standards for Information Disclosure by Companies Offering Securities to the Public No. 16 — Acquisition Report of Listed Companies, as well as other relevant laws, regulations, and normative documents.
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In accordance with the Securities Law and the Administrative Measures for the Takeover of Listed Companies, this report summary has fully disclosed the shares in which the acquirer holds an interest in CGN Nuclear Technology Development Co., Ltd. As of the date of signing this report summary, except for the shareholding information disclosed herein, the acquirer and its person acting in concert do not hold any other interests in CGN Nuclear Technology.
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The acquirer has obtained the necessary authorizations and approvals to sign this report summary, and its performance does not violate or conflict with any clauses in the acquirer's articles of association or internal rules.
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Based on the upper limit of the number of shares to be issued to specific targets, upon completion of this issuance, the combined interest held by the acquirer and its person acting in concert will exceed 30% of the total share capital of the listed company, thereby triggering a mandatory tender offer obligation.
According to Article 63, Paragraph 1, Item (3) of the Administrative Measures for the Takeover of Listed Companies, "where an investor acquires new shares issued by a listed company with the approval of non-related shareholders at the general meeting, resulting in the investor holding more than 30% of the issued shares of the company, and the investor undertakes not to transfer the newly issued shares within 3 years, and the general meeting agrees to exempt the investor from making a tender offer," the investor may be exempted from the tender offer obligation. The acquirer has committed not to transfer the subscribed shares of the listed company within 36 months from the date of completion of this private placement. The exemption of the acquirer from the tender offer obligation is still subject to approval by the general meeting of the listed company.
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The private placement of A-shares involved in this acquisition has been approved by the board of directors of the listed company and is still subject to approval by the competent state-owned assets supervision authority, approval by the general meeting of the company (including approval for the exemption of the tender offer for the subscriber), and review by the Shenzhen Stock Exchange, as well as registration approval by the China Securities Regulatory Commission before implementation.
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This acquisition will not result in a change of the controlling shareholder or actual controller of the listed company, nor will it cause the listed company's shareholding distribution to fail to meet listing requirements.
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This acquisition is conducted based on the information contained in this report summary. Except for the acquirer and the professional institutions it has engaged, no other person has been entrusted or authorized to provide information not contained in this report summary or to provide any explanation or clarification regarding this report summary.