China Yangtze Power today released the progress on major issues: the company’s controlling shareholder China Three Gorges Project Corporation was planning to make its main business listed as a whole and it was going in process at present. China Three Gorges Project Corporation now has 26 generating units with stand-alone capacity of 700,000 kilowatts, which will achieve full production within the year. China Yangtze Power has acquired 8 of them. If China Three Gorges Project Corporation makes its main business listed as a whole, it is likely that the remaining 18 units will be integrated into China Yangtze Power. As to the company's acquisition mode, we made sensitivity analysis. Since the company has not disclosed the specific proposal, we have to maintain the company’s 08-09 EPS at 0.65 yuan and 0.70 yuan respectively. "Overweight" rating is unchanged.