Longyuan Electric Power (00916) obtained approval from the State Council's State-owned Assets Administration Commission on matters relating to the issuance of A-shares to specific targets

Zhitong Finance App News, Longyuan Electric Power (00916) announced that recently, the company received the State Council's State-owned Assets Administration Commission's “State Council's State-owned Assets Administration Commission's Approval on Matters Relating to the Non-public Offering of A-shares by Longyuan Electric Power Group Co., Ltd.” (China Assets Rights [2025] No. 510) forwarded by the controlling shareholder National Energy Group. The State Council's State-owned Assets Administration Commission has agreed in principle to the company's overall plan for the non-public offering of A shares.