Jingneng Thermal Power: Shareholder Zhao Yibo intends to reduce the company's shares by no more than 3%

On December 18, Jinshi Data reported that Mr. Zhao Yibo, a shareholder holding more than 5% of Jingneng Thermal Power, holds 41.0653 million shares of the company, accounting for 15.58% of the total share capital. Mr. Zhao Yibo plans to reduce his holdings by no more than 7.9092 million shares, accounting for 3% of the total share capital, through centralized Bidding and Block Trading within three months after the announcement, starting from the day of the announcement. Among them, the reduction through centralized Bidding will not exceed 2.6364 million shares, accounting for 1% of the total share capital; the reduction through Block Trading will not exceed 5.2728 million shares, accounting for 2% of the total share capital. The reduction price will be determined based on the market price and relevant regulations. Mr. Zhao Yibo has promised to comply with relevant laws, regulations, and normative documents, and the implementation of the reduction plan will not lead to a change in the company’s control, nor will it have an impact on the company’s governance structure and continuous operation.