Tianeng Heavy Industry: Completion of two investment projects, with a remaining fund of 155 million yuan planned to fill the flow.

date
12/12/2025
Tian Energy Heavy Industry announced that the company's "Tian Energy Heavy Industry Wuchuan 150MW Wind Power Project" and "Jiangsu Tian Energy Offshore Wind Power Equipment Manufacturing Base Technological Transformation and Phase II Expansion Project" have been completed and are now in operation as planned. As of December 10, 2025, the two projects and supplementary working capital projects have used a total of 1.356 billion yuan of funds raised, with a surplus of 155 million yuan. The company intends to permanently add the surplus funds to the working capital, and the relevant special accounts will be cancelled. This matter has been approved by the board's audit committee and the board of directors, and is still subject to approval by the shareholders' meeting. The sponsoring institution, Citi Securities, has no objections to this.