Tianfu Energy: Controlling shareholder China New Electric Power intends to increase its holdings by no less than 1.25 billion yuan.

date
12/05/2026
Tianfu Energy announced that the controlling shareholder, CTG Power Group Co., Ltd., holds 462 million shares, accounting for 33.60% of the company. They plan to increase their holdings of the company's A-shares from May 12, 2026 to May 11, 2027 through the Shanghai Stock Exchange centralized bidding or other methods in accordance with laws and regulations. The total amount of the increase in holdings shall not be less than 125 million RMB, with a maximum of 250 million RMB. The source of funds will be from their own capital and self-raised funds. There is no price range for the increase in holdings, and they will not reduce their holdings during the implementation period and the statutory period.