China General Nuclear: Plans to acquire 46% of Cangnan Nuclear Power and 51% of Cangnan Second Nuclear Power owned by China General Nuclear

China General Nuclear Power Corporation Announcement, on April 28, 2026, the company signed an equity transfer agreement with China General Nuclear Power Corporation, intending to acquire its 46% equity stake in Cangnan Nuclear Power and 51% equity stake in Cangnan Second Nuclear Power. The transaction constitutes an associated transaction and still requires approval from the company’s shareholders’ meeting. This transaction does not constitute a major asset restructuring, has been approved by China General Nuclear Power Corporation’s internal decision-making body, and the asset valuation report has been filed. Other shareholders of Cangnan Nuclear Power and Cangnan Second Nuclear Power have waived their preemptive rights. The transaction price is 8.35B yuan, of which the transaction price for 46% equity in Cangnan Nuclear Power is 6.54B yuan, and for 51% equity in Cangnan Second Nuclear Power is 1.81B yuan. After the transaction is completed, the target company’s equity will be included in the company’s consolidated financial statements and will not adversely affect the company’s financial position and operating results.