1. Jiden Co., Ltd. (stock code: 000875) has resumed trading. The reason for the suspension of trading on May 7 is that Jilin Electric Power Co., Ltd. (hereinafter referred to as the "Company") is planning a non-public issuance of shares for investment in new energy projects, and there are still uncertainties in relevant matters. In order to effectively protect the interests of investors, ensure that information disclosure is open, fair and impartial, and avoid significant impact on the company's stock price, in accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and other relevant regulations, the company applied to the Shenzhen Stock Exchange, the company's stock ( Securities code: 000875, securities abbreviation: Jiden Electric Co., Ltd.) will be suspended from trading on the morning of May 7, 2015. After the above matters are determined, the company will publish relevant announcements and apply for resumption of trading of the company's shares as soon as possible.
2. Jiden Electric Co., Ltd.’s resumption of trading: Jiden Electric Co., Ltd. (000875) released a private placement plan on June 5. The company plans to offer non-public shares to no more than ten specific targets at a price of no less than 9.57 yuan/share. No more than 423.94 million shares will be issued, and the total amount of funds raised will not exceed 4.057 billion yuan, all of which are planned to be invested in new energy projects. The company's stocks will resume trading on June 5.
3. Jilin Electric Power Co., Ltd. (hereinafter referred to as the "Company") was approved by the Jilin Provincial Economic System Reform Commission Jilin Provincial Economic System Reform Commission (1993) No. 47 in April 1993, and was approved by Jilin Provincial Energy As the main sponsor, Communications Corporation co-sponsored with Jilin Provincial Electric Power Co., Ltd. (formerly Jilin Provincial Electric Power Company), Bank of Communications Changchun Branch, Jilin Provincial Trust Investment Company, and Jilin Huaneng Power Generation Company to establish a joint-stock limited company through targeted fundraising. company. The registered capital when the company was established was RMB 1.26 billion.