Zhongneng Electric announced that the company decided to terminate the major asset restructuring of plans to acquire 65% of the shares of Shandong Dachi Electric Co., Ltd. and claims enjoyed by the transferor against the target company. The company did not participate in the current round of equity and debt auctions for the target company, nor did it pay a security deposit. The target company has been delisted and sold by another eligible bidder. The company has not signed a relevant agreement with the counterparty, and there is no liability for breach of contract. The termination of the restructuring will not have a significant adverse effect on the normal business of the company. The company promised not to plan major asset restructuring matters within one month.

Zhongneng Electric announced that the company decided to terminate the major asset restructuring of plans to acquire 65% of the shares of Shandong Dachi Electric Co., Ltd. and claims enjoyed by the transferor against the target company. The company did not participate in the current round of equity and debt auctions for the target company, nor did it pay a security deposit. The target company has been delisted and sold by another eligible bidder. The company has not signed a relevant agreement with the counterparty, and there is no liability for breach of contract. The termination of the restructuring will not have a significant adverse effect on the normal business of the company. The company promised not to plan major asset restructuring matters within one month.