Huaneng Shidaowan Nuclear Power Development Co., Ltd. announced that it will issue common shares at an issue price of CNY 1 per share for a gross proceeds of CNY 560 million on October 18, 2022. The transaction will include participation from returning investor, Huaneng Power International, Inc. for CNY 126 million, Huaneng International Power Development Corporation for CNY 126 million, Huaneng Nuclear Power Development Co., Ltd. for CNY 168 million and State Nuclear Power Technology Company for CNY 140 million. The transaction has been approved at the 27th session of the company's 10th directorate.