Guangxi Energy: Plans to publicly list and transfer small hydropower stations, with a listing price of no less than 36.5004 million yuan

Guangxi Energy announced that the company plans to publicly list for transfer its holdings in five small hydropower stations: Shiren Cave Hydropower Station, Xiaxian Hydropower Station, Sencong Hydropower Station, Fanglin Hydropower Station, and Danzhu Hydropower Station, with a listing price of no less than RMB 36.5004 million after evaluation. This move aims to optimize resource allocation, reduce management costs, and concentrate funds for the construction of high-quality energy projects. The total installed capacity of the transferred assets is 13,800 kilowatts, accounting for approximately 0.6% of the company's total installed capacity. The assets being sold represent an even lower proportion of the company's total assets. After the transfer is completed, it will not have a significant adverse impact on the company's production operations and financial condition