Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

ANNOUNCEMENT

UPDATE ON CHANGE OF CONTROLLING SHAREHOLDER

Reference is made to the announcement in relation to the update on change of controlling shareholder of China Longyuan Power Group Corporation Limited* (the "Company") dated 5 February 2018. China Energy Investment Corporation Limited ("China Energy") and China Guodian Corporation Ltd. ("Guodian Group"), the controlling shareholder of the Company, entered into the Consolidation Agreement between China Energy Investment Corporation Limited and China Guodian Corporation Ltd. (the "Consolidation Agreement") on 5 February 2018, to agree on the consolidation of China Energy and Guodian Group (the "Consolidation").

On 27 August 2018, the Company was informed by China Energy and Guodian Group that they received the "Anti-Monopoly Review Decision of Putting No Ban on Concentration of Undertakings" (Fan Long Duan Shen Cha Han [2018] No. 26) ( ຾ ᐄ٫ණʕˀᕹᓙᄲݟʔʚຫ˟Ӕ֛ࣣ' ( ˀᕹᓙᄲݟՌ [2018] ୋ 26 ໮ ))

issued by the Anti-monopoly Bureau of State Administration for Market Regulation on 27 August 2018, according to which, the Anti-monopoly Bureau decided not to ban the Consolidation after review and allowed the Consolidation to be implemented from that date on.

Conditions for completion of the Consolidation as agreed under the Consolidation Agreement have been fully satisfied. After the Consolidation, the controlling shareholder of the Company was changed to China Energy.

By order of the Board

China Longyuan Power Group Corporation Limited*

Li Enyi

Executive Director and President

Beijing, the PRC, 28 August 2018

As at the date of this announcement, the non-executive directors of the Company are Mr. Qiao Baoping, Mr. Liu Jinhuan, Mr. Luan Baoxing and Mr. Yang Xiangbin; the executive directors are Mr. Li Enyi and Mr. Huang Qun; and the independent non-executive directors are Mr. Zhang Songyi, Mr. Meng Yan and Mr. Han Dechang.

* For identification purpose only

Attachments

  • Original document
  • Permalink

Disclaimer

China Longyuan Power Group Corporation Ltd. published this content on 28 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 August 2018 10:21:02 UTC