According to the announcement of Ch Energy Eng (03996) on the Zhitong Finance APP, in order to smoothly proceed with the issuance of A shares to specific targets in 2023, the company plans to adjust the amount and use of the funds raised for this issuance based on the overall plan and capital utilization plan of the company.

Before the adjustment, the total amount of funds to be raised for this issuance (including issuance expenses) did not exceed RMB 14.85 billion (including RMB 14.85 billion). After the adjustment, the total amount of funds to be raised for this issuance (including issuance expenses) shall not exceed RMB 9.0 billion (including RMB 9.0 billion). The net amount of funds raised after deducting the issuance expenses will be used for the integrated green power demonstration project of CNEC Hami "Light (Heat) Storage" Multi-energy Complementary Project, the integrated solar thermal and photovoltaic project of CNEC Zhejiang Thermal Power Construction Co., Ltd., the demonstration project of 300MW-level compressed air energy storage power station in Yingcheng, Hubei, and the wind power projects in Bash and Zankerdi, Uzbekistan.