According to Huaneng Hydropower's announcement, the company plans to acquire 100% of HNYL's shares held by the controlling shareholder Huaneng Group in cash, with a transaction consideration of 8.701 billion yuan, and using the income method to evaluate the pricing results. This transaction constitutes a related transaction. Own funds account for no less than 30% of the funding sources, and external financing is not more than 70%. After the acquisition is completed, the bid company will be included in the consolidated statement. The company's hydropower installation will increase to 28.985,800 kilowatts, and the competition ratio in the industry will drop to 2.51%. In addition, the company plans to apply for registration and issuance of no more than 20 billion yuan of corporate bonds for a period not exceeding 30 years; it is proposed to nominate Zhao Ting as a non-independent director candidate, and Wan Huaizhong will no longer hold this position. Related matters still need to be reviewed and approved by the shareholders' meeting.

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