Zhitong Finance App News, Guodian Electric Power (600795.SH) issued an announcement. As an integrated platform for the conventional energy power generation business of National Energy Investment Group Co., Ltd. (“National Energy Group”), the company plans to launch work related to the acquisition of some assets of National Energy Group, the controlling shareholder of the company, to further promote the reduction and resolution of competition in the industry.
The scope of this asset acquisition is the shares of several conventional energy power generation companies belonging to the National Energy Group (hereinafter collectively referred to as “target companies”). The total installed capacity of the operating holding is about 320,000 kilowatts, and the total installed capacity under construction/proposed holding is 13.54 million kilowatts. Based on the financial data of each target company on December 31, 2025 and June 30, 2026, according to preliminary estimates, the total assets of the target company accounted for less than 5% of the total assets in the company's consolidated financial statements of June 30, 2026; the total revenue of the target company in 2025 accounted for less than 1% of the company's revenue in the consolidated financial statements of 2025.
Among the target assets mentioned above, the company plans to acquire 67% of Guoneng Hubei Songzi Pumped Storage Co., Ltd., 100% of the shares of National Energy Group Anhui Energy Co., Ltd., 65% of Guoneng (Hengshui) Thermal Power Co., Ltd., 100% of Guoneng Qinghai Delingha Coal and Power Co., Ltd.; the holding subsidiary of the company, Guoneng Dadu River Hydropower Development Co., Ltd. (“Dadu River Company”) will acquire 51% of the shares of National Energy Group Jinshajiang Benzilan Hydropower Co., Ltd. (“Dadu River Company”) in cash 51% equity interest in Hydropower Co., Ltd.