Shanghai Electric Power acquired Guang'an Aizhong and reorganized Guang'an Aizhong.

Guang'an Aizhong's three main businesses are hydropower generation and electricity supply; natural water production and supply; and natural gas supply. Calibration, installation and commissioning of water, electricity and gas instruments, installation and commissioning of electrical equipment. The predecessor was Sichuan Qujiang Electric Power Co., Ltd., which was established with the approval of Guang'an County State-owned Assets Administration Bureau (1998) No. 26 "Reply on the Equity Establishment Plan of Sichuan Qujiang Electric Power Co., Ltd." issued on October 7, 1998 For a limited liability company. It has been verified that, through self-examination by the company and verification by the controlling shareholder and actual controller, neither the company’s controlling shareholder nor the actual controller currently has any major information related to the company that should be disclosed but has not been disclosed, including but not limited to major asset restructuring, issuance Major matters such as acquisition of shares and listed companies, debt restructuring, business restructuring, asset divestiture and asset injection. State Grid Shanghai Electric Power Company is a wholly-owned subsidiary of State Grid Corporation of China. It is a large-scale enterprise engaged in power transmission, distribution and sales in Shanghai. It coordinates the Shanghai power grid and participates in the formulation and implementation of Shanghai power and power grid development plans and rural electrification. It also supervises and guides the city's safe and economical use of electricity.

Moreover, Shanghai Electric Power Co., Ltd. was established on June 4, 1998, and successfully issued RMB ordinary shares domestically on October 14, 2003. On October 29 of the same year, it was listed on the Shanghai Stock Exchange. Officially listed for trading. The company is a large power generation company controlled by China Power Investment Corporation (hereinafter referred to as "China Power Investment Corporation"). In November 2005, the company successfully completed the share-trading reform. The company's current equity structure: China Power Investment Group holds 42.84%; China Power International Development Co., Ltd. holds 21.92%; China Yangtze Power Co., Ltd. holds 8.77%; public shareholders hold 26.47%.

Finally, the acquisition and reorganization of Guang'an Aizhong did not go very smoothly, and it is estimated that it will be difficult to complete and resume trading immediately in the short term. Considering that the acquisition of Guang'an Aizhong did not expand the scope of the main business, but strengthened the main business and expanded the regional scope of the main business operation, it is estimated that if the acquisition is successfully completed, it will encounter market conditions after the resumption of trading. Under normal circumstances, the effect is about three boards at most.