CHN Energy Changyuan Electric Power Co.,Ltd. announced a private placement of not more than 824,798,309 A shares for gross proceeds not exceed CNY 3,000,000,000 on May 30, 2023. The transaction will include participation from returning investor China Energy Investment Corporation Limited, will subscribe for not less than CNY 900,000,000 and no more than CNY 1,500,000,000 and other 35 investors. The Investment shall not be transferred within 18 months from the date of completion of the issuance. The transaction has been approved in the fourteenth meeting of the tenth board of directors of the company, and still need to be approved by the company's shareholders, Shenzhen Stock Exchange and China Securities Regulatory Commission.


On May 26, 2023, the company announced that it has entered into Capital Increase Subscription Agreement with returning investor, China Energy Investment Corporation Limited and the company's shareholders.