Yunnan Energy Investment Co.Ltd(002053) : it is proposed to raise no more than RMB 1.866 billion, and the controlling shareholders will participate in the subscription

Yunnan Energy Investment Co.Ltd(002053) 3 on the evening of March 1, the plan for non-public offering of A-Shares was released. The number of shares in this non-public offering does not exceed 228 million (including the number), the total amount of funds raised (including the issuance fee) does not exceed 1.866 billion yuan (including the number), and the issuing objects are no more than 35 specific investors including energy investment group and Yunnan Yuntianhua Co.Ltd(600096) group. The raised funds will be used for Qujing Tongquan wind farm project, Huize Jinzhong wind farm phase I project and Honghe Yongning wind farm project.

The announcement shows that the controlling shareholder of the company, energy investment group, plans to subscribe for no less than 20% (including this number) of the number of shares in this non-public offering, and the proposed subscription proportion of Yunnan Yuntianhua Co.Ltd(600096) group is 10%. Before the offering, energy investment group and its concerted actors jointly hold 58.27% of the shares of the company, and Yunnan Yuntianhua Co.Ltd(600096) group holds 19.67% of the shares of the company.

Yunnan Energy Investment Co.Ltd(002053) in recent years, focusing on the main industry of clean energy and focusing on the development and operation of wind power, 7 wind farms have been built and operated in many areas with good wind resources in Yunnan Province, with a total installed capacity of 370mW After the implementation of the raised investment project, the company will increase the installed capacity of wind power by 1450mw The new wind power supply can form a good complementarity with hydropower, effectively support the incremental layout of electrolytic aluminum and silicon material processing industrial belt in Yunnan Province, and alleviate the structural contradiction between power supply and demand in Yunnan Province.

Yunnan Province is vigorously promoting the development of green energy industry represented by wind power and photovoltaic. As the only new energy operation entity among enterprises affiliated to Yunnan Province, energy investment group injected four wind power companies into listed companies through major asset restructuring in 2019, and entrusted other relevant energy assets such as small and medium-sized hydropower controlled by its subordinates to listed companies, cultivating the operation capacity of new energy power stations for the company. As the energy investment group continues to deeply implement the new energy strategy and promises to give priority to providing similar business opportunities including new energy industry to the company under fair and reasonable conditions, the company has become the final undertaking platform for the new energy power generation assets of the energy investment group, with broad incremental development space.

Yunnan Energy Investment Co.Ltd(002053) said that the company will raise funds to invest in new wind power projects, which can effectively seize the historic opportunity of the great development of green energy power production in Yunnan Province, give full play to the existing industrial advantages of listed companies, always focus on the main business of “clean energy + salt”, adhere to the strategy of serving the “green energy brand” of Yunnan Province, and quickly make its main business real, bigger and stronger, Build the core competitiveness of the company.

Looking ahead, Yunnan Energy Investment Co.Ltd(002053) Board Secretary Li Zhengliang told China Securities News that during the 14th Five Year Plan period, the company will focus on the investment, development, construction and operation management of renewable energy power production projects such as wind power and photovoltaic, closely contact Yunnan Provincial Development and Reform Commission, Energy Bureau and local governments, and participate in the planning process of incremental photovoltaic and wind power projects, According to the rolling development idea of “reserve a batch, build a batch and operate a batch”, expand and strengthen the main business of new energy, significantly increase the installed capacity, enhance the company’s core competitiveness, significantly improve the industry status, and deeply implement the strategy of building a world-class “green energy brand” in Yunnan Province.

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