Anda Jiuzhou Volcano Power Generation Co., Ltd. announced a placement of common shares for gross proceeds of not more than CNY 30,000,000 on November 30, 2023. The transaction will include participation from returning investor, Harbin Jiuzhou Group Co.,Ltd. The transaction has been approved at the 8th meeting of Harbin Jiuzhou Group Co.,Ltd.'s 8th directorate. The company's registered capital will increase from CNY 10,000,000 to CNY 40,000,000 post-completion of the transaction.