Yankuang Energy (01171.HK) announced on July 26th that in order to consolidate its position as a controller of Shandong Energy, increase its stake in Shandong Energy, send positive information to the market, boost investor confidence, and demonstrate its recognition of the company's long-term development and value orientation, Shandong Energy plans to increase its holdings of the company's A shares and H shares in the next 12 months through the trading systems of Shanghai Stock Exchange and Hong Kong Stock Exchange, such as centralized bidding, bulk trading or on-exchange transactions, etc. The total amount of cumulative increase holdings shall not be less than RMB 0.3 billion yuan and not more than RMB 0.6 billion yuan.

Among them, Shandong Energy and its concerted actors are the main body of A-share holdings, with a cumulative increase amount of no less than RMB 0.1 billion yuan and no more than RMB 0.2 billion yuan; Yankuang Hong Kong and its concerted actors are the main body of H-share holdings, with a cumulative increase amount of no less than RMB 0.2 billion yuan and no more than RMB 0.4 billion yuan.

Before implementing this plan, Shandong Energy held a total of 3,385,986,710 A-share shares of the company, including 3,214,570,932 shares held through its own account and 171,415,778 shares held through the exchangeable corporate bond pledge account; and 682,483,500 H-share shares held by Yankuang Hong Kong. Shandong Energy directly and indirectly holds a total of 4,068,470,210 shares of the company, accounting for 54.6884% of the total share capital. Shandong Energy has not disclosed any increase holdings plan in the 12 months before this announcement.