Zhejiang Anji Tianzihu Thermal Power Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 69,135,300 on December 13, 2022. The transaction will include participation from returning investor Hangzhou Cogeneration Group Co., Ltd. The transaction has been approved at the eleventh meeting of the second board of directors of Hangzhou Cogeneration Group Co., Ltd., and still need to be submitted to the company's general meeting of shareholders for consideration.