Datang International Power Generation (SHA:601991, HKG:0991) (Datang Power) said that it has received a notice from controlling shareholder China Datang Corporation (CDC) confirming proceeding of a plan to increase CDC's shareholding in Datang Power, by an amount not exceeding 2% of the total share capital of Datang Power, through the securities trading system of the Shanghai Stock Exchange since 6 May 2011.

As at 4 May 2012, the amount of aggregated increased shareholdings of CDC accounted for 0.599% of the total issued share capital of the company. CDC confirmed that such plan had been completed.

Upon the completion of the share purchase plan, CDC directly held 4.139 billion A shares of Datang Power (including the non-public issue of 100 million A shares of the company subscribed by CDC mentioned above), and indirectly held 480.68 million H shares of the company through China Datang Overseas (Hong Kong) Co., Limited, a wholly-owned subsidiary of CDC, the aggregate of which represents approximately 34.71% of the current total issued share capital of Datang Power
 

Source:chinesestock.org