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Sichuan Guangan AAA Public (600979.SH): Mianyang Aizhong Power Generation will complete the exit work of the first and second level power stations of the Si'er River by the end of June 2025.
On March 19, according to Glonghui, Sichuan Guangan AAA Public (600979.SH) announced that on March 18, 2025, its holding subsidiary, Sichuan Mianyang Aizhong Power Generation Co., Ltd. (hereinafter referred to as "Mianyang Aizhong Power Generation"), received a letter from the Policy and Reform Bureau of Pingwu County regarding the proper handling of the exit of small hydropower stations, requiring Mianyang Aizhong Power Generation to complete the exit work for the first and second level power stations of the Si'er River by the end of June 2025. The company holds 75.86% of the shares in Mianyang Aizhong Power Generation, which has a total installed capacity of 0.081 million kW across three hydropower stations, including an installed capacity of 0.02 million kW for the first level power station of Si'er River (Guangcaoping Power Station) and for the second level of Si'er River.
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Sichuan Guangan AAA Public (600979.SH): plans to register and issue medium-term notes.
On December 30, Gelonghui announced that Sichuan Guangan AAA Public (600979.SH) has released a statement to meet the needs of SiChuan Guangan AAA Public Co., Ltd.'s Operation and Business development. In accordance with the relevant regulations of the People's Bank of China regarding the management measures for non-financial enterprise debt financing instruments in the interbank bond market, it has been approved at the twenty-fifth meeting of the seventh Board of Directors of the company. The company plans to apply for registration and issuance of medium-term notes with a total issuance scale not exceeding 1 billion yuan (including 1 billion yuan). The specific issuance scale will depend on the amount registered by the company with the China Interbank Market Dealers Association.
Sichuan Guangan AAA Public (600979.SH): Termination of the capital increase and share expansion contract.
On December 30, Gelonghui reported that Sichuan Guangan AAA Public (600979.SH) announced that new shareholders could not fulfill their contractual obligations for capital contributions and paid-in capital increases due to policy barriers and other force majeure reasons. To better support the operation and development of the New energy Fund, the shareholders have reached a consensus to terminate the capital increase and share expansion agreement.
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