Huitian Thermal Power announced that the company held a Board of Directors meeting on December 11, 2024, to review and approve the related party transaction proposal for transferring 49% of the equity of its wholly-owned subsidiary Shenyang Second Thermal Heating Co., Ltd. The transfer price is 0.324 billion yuan, and the Trade payment will be made in Cash. After the transaction is completed, the Second Thermal Company will become a subsidiary controlled by the company with a 51% stake. This transaction still needs to be approved by the shareholders' meetings of Runlian Thermal Power and Huitian Thermal Power.

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惠天热电:转让二热公司49%股权 交易价3.24亿元
Huitian Thermal Power: Transferring 49% of the equity of the Second Thermal Company, Trade price 0.324 billion yuan.
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