Securities Code: 000958
Securities Abbreviation: Electric Power Investment and Financing
Announcement Number: 2026-034
The Board of Directors of State Power Investment Corporation Financial Holdings Co., Ltd. guarantees that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Basic Information on Raised Funds
According to the approval issued by the China Securities Regulatory Commission regarding the issuance of shares for asset acquisition and the registration of supporting funds (Zheng Jian Xu Ke [2025] No. 2960), the company issued 943,396,226 ordinary shares (A shares) to specific targets, with a par value of RMB 1 per share and an issuance price of RMB 5.30 per share, raising a total of RMB 4,999,999,997.80. After deducting issuance costs related to the raised funds totaling RMB 38,334,282.65 (excluding VAT), the net amount raised is RMB 4,961,665,715.15. The raised funds were fully received on May 20, 2026, and the situation has been verified by Lixin Certified Public Accountants (Special General Partnership), which issued the "Verification Report of State Power Investment Corporation Financial Holdings Co., Ltd." (Xinhui Report No. [2026] ZG219974). The company has stored the raised funds in a special account as required and signed a "Tripartite Supervision Agreement" with the independent financial advisor (joint lead underwriter) and the supervising bank for the special fund account.
II. Establishment of Special Fund Account and Signing of Tripartite Supervision Agreement
To standardize the management and use of raised funds and protect the legitimate rights and interests of investors, the company convened the first meeting of the eighth Board of Directors to review and approve the proposal to establish a special fund account and sign a supervision agreement. The special fund account is established to manage the storage and use of the raised funds. As of May 20, 2026, the establishment and storage situation of the special fund account are as follows:
| No. | Account Holder | Opening Bank | Bank Account | Stored Amount (RMB) | Purpose of Raised Funds |
|---|---|---|---|---|---|
| 1 | State Power Investment Corporation Financial Holdings Co., Ltd. | Bank of China Co., Ltd. Yantai Zhiqi Branch | 241655958997 | 4,952,099,997.82 | Shandong Haiyang Nuclear Power Plant Units 3 and 4 Project |
Note: The stored amount in the special fund account differs from the net amount raised due to different accounting standards; the stored amount is the total raised funds of RMB 4,999,999,997.80, minus the total independent financial advisor fees and underwriting fees of RMB 47,899,999.98, leaving a remaining raised fund of RMB 4,952,099,997.82 deposited into the special fund account at Bank of China Co., Ltd. Yantai Zhiqi Branch with account number 241655958997.