Gelonghui, December 25 | Tonight, *ST Huitian (Huitian Thermal Power) responded to the exchange on debt transfer forgiveness. Earlier, Huitian Thermal Power announced that its controlling shareholder, Shenyang Runelectric Heating Co., Ltd., plans to assume debts totaling about 1,058 billion yuan for Huitian Thermal Power and its wholly-owned subsidiary, Shenyang No. 2 Thermal Heating Company, while fully exempting Huitian Thermal Power and Second Thermal Power Company from their debts payable to Rundian Thermal Power after this debt transfer. Currently, Huitian Thermal Power has been issued a delisting risk warning due to negative net assets at the end of the 2022 fiscal year. In its letter of concern, the exchange requested Huitian Thermal Power to explain whether there was a situation where the termination of the listing was circumvented through this debt exemption. In response, Huitian Thermal Power replied that the purpose of this debt forgiveness is to boost the quality of the company's assets and help it get rid of operating pressure and difficulties, and that there is no situation where the termination of listing has been circumvented through this debt exemption.