China Green Electricity Investment of Tianjin Co., Ltd. announced a private placement not more than 279,378,108 A shares for gross proceeds of not more than CNY 5,000,000,000 on September 29, 2022. The transaction has been approved by the board of directors in its twenty-seventh meeting of the tenth session of the board of directors. The transaction still need to be reviewed and approved by the company's general meeting of shareholders, and must be approved by the China Securities Regulatory Commission before it can be implemented.