Shanghai Electric Power announced that the closing price deviation of the company's stock reached a cumulative increase of 20% over three consecutive trading days on September 30, October 9, and October 10, 2025, constituting abnormal fluctuations in stock trading. After the company's self-examination and verification with its controlling shareholder, State Power Investment Corporation, there are no undisclosed matters related to the company that have caused abnormal fluctuations in stock prices. The major asset purchase of shares in K-ELECTRIC LIMITED held by KESPOWER LTD. has been terminated, and this matter still needs to be submitted for shareholder meeting review. As of October 10, 2025, the company's price-to-book ratio is 3.43, which is higher than the industry average, indicating a risk of high valuation. Investors are advised to invest rationally and pay attention to investment risks