Leshan Electric Power Co., Ltd. announced a private placement to issue not more than 45,000,000 A shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for the gross proceeds of not more than CNY 250,000,000 on March 28, 2024. The transaction will include participation from not more than 35 investors. The transaction has been approved 4th Meeting of the 10th Directorate.

The shares cannot be transferred within 6 months from the issuance closing date.