Huaneng Shidaowan Nuclear Power Development Co., Ltd. announced that it will raise CNY 933,000,000 in an equity funding on May 28, 2024. The transaction will include participation from returning investors, Huaneng Power International, Inc. for CNY 209,925,000, Huaneng Nuclear Power Development Co., Ltd. for CNY 279,900,000, State Nuclear Power Technology Company for CNY 233,250,000 and Huaneng International Power Development Corporation for 209,925,000. The transaction has been approved at the 5th Meeting of the 11th Board of Directors.