Beiqing Huanneng (000803): Controlling Shareholder Plans Equity Acquisition Or Changes Of Actual Controller Of The Company

Beiqing Huanneng (000803) announced on the evening of March 15. On March 15, 2022, the company learned from the joint announcement disclosed by the company's controlling shareholder, Beikong Clean Energy Group Co., Ltd. (hereinafter referred to as "Beikong clean energy") and China Shandong Expressway (600350) Financial Group Co., Ltd. (hereinafter referred to as "China Shandong high speed finance"), Beikong clean energy plans to plan a major acquisition with Shandong high speed Finance Co., Ltd.

On March 4, 2022, the company's controlling shareholder, Beikong clean energy, signed a subscription agreement with a wholly-owned subsidiary of Shandong high-speed finance. According to the agreement, China Shandong high-speed finance, connected with the wholly-owned subsidiary, intends to subscribe for 48.804 billion shares newly issued and issued by Beikong clean energy at HK $0.096 per share, After the completion of the new share subscription, China Shandong high speed finance will hold 43.45% equity of Beikong clean energy. Beikong clean energy plans to issue additional shares this time, which may lead to the change of the actual controller of the company.