CYPC China Yangtze S

TIDMCYPC

RNS Number : 2025R

China Yangtze Power Co. Ltd.

27 February 2023

China Yangtze Power Co., Ltd.

Announcement on Soliciting Investors' Opinions of Matters on the 2022 Annual Profit Distribution Plan

This Announcement has been prepared in Chinese and English respectively. In case of any discrepancy in the understanding of the Chinese and English versions, the Chinese version shall prevail. The Company shall not be liable for any loss arising from misunderstanding of the English version.

According to related regulations and requirements in the Opinions on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium-sized Investors in the Capital Market issued by the General Office of the State Council, the Notice on Further Implementing Matters Related to Cash Dividends of Listed Companies issued by China Securities Regulatory Commission, the Supervision Guidelines for Listed Companies No. 3 - Cash Dividends of Listed Companies (Revision 2022), the Guidelines for Self-regulation Supervision of Listed Companies No. 1 - Standardized Operation issued by Shanghai Stock Exchange and the Articles of Association of the Company, in order to further enhance the transparency of corporate dividends and effectively safeguard the legitimate rights and interests of investors, the Company now solicits opinions from investors on matters related to the Company's 2022 profit distribution plan.

Article 226 of the Articles of Association of the Company stipulates that the Company's annual cash dividend shall, in principle, not be less than 50% of the profits that can be distributed to the shareholders of the parent company in the current year. The Company would conduct cash dividend for the annual profit distribution in 2016-2020 as per not lower than RMB 0.65 per share. For the annual profit distribution in 2021-2025, the cash dividend would be offered as per not lower than 70% of the net profits realized in those years.

The Company's profit distribution plan shall be deliberated and approved by the shareholders' meeting. After the shareholders' meeting of the Company makes a resolution on the profit distribution plan, the board of directors shall complete the dividend distribution within 60 days after the shareholders' meeting.

This opinion collection will start from today and end until 4:00 on 6 (th) March. Shareholders of the Company can feedback the Opinion Collection Form (as attached) to the Company through e-mail or fax.

Email : cypc@cypc.com.cn

Fax : 010-58688898

Annex: Opinion Collection Form of China Yangtze Power Co., Ltd. for 2022 Profit Distribution Plan.

It is hereby announced.

Board of Directors of China Yangtze Power Co., Ltd

2 7 February 2023

China Yangtze Power Co., Ltd.

Opinion Collection Form for 2022 Profit Distribution Plan

 
 Shareholder    Name of securities                Certificate 
  Information    account                           No. 
                Number of                         Contact 
                 shares held                       information 
               -------------------  -----------  -------------  ----------- 
                      Opinion on Pr ofit D istribution 
 
-------------  -------------------  -----------  -------------  ----------- 
 

Note: Please complete all information in the form.

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February 27, 2023 12:13 ET (17:13 GMT)

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