On January 29, Runchuang New Energy Fund and PowerChina Guizhou Engineering Co., Ltd. ("PowerChina Guizhou") held a business exchange meeting in China Resources Building, and signed a strategic cooperation framework agreement implying that during the "14th Five-Year Plan" period, they will advance the investment and construction of a 1120MW wind power and photovoltaic cooperation project and further innovate cooperation models and resource integration methods for higher market competitiveness amid the new landscape. Tang Yong, President of China Resources Power, and Guo Wei, Chairman of PowerChina Guizhou attended the ceremony.

President Tang Yong welcomed the visit of Chairman Guo Wei and his entourage and introduced the current situation and future development plans of China Resources Group and China Resources Power. He said that during the "14th Five-Year Plan" billed as a key opportunity and window period for energy structure transformation of China Resources Power, the Company would go all out for the rapid development of new energy, that the cooperation in the 1120MW new energy project built up with PowerChina Guizhou that has the edge on EPC integrated services for new energy projects at the beginning of the "14th Five-Year Plan" is of great significance, and that he looked forward to deepened cooperation between the two parties in the future for mutual benefit and a win-win scenario.

Chairman Guo Wei introduced the development of PowerChina Guizhou in recent years. He said that PowerChina Guizhou attached great importance to the cooperation with China Resources Power, having fully learned and absorbed China Resources Power's experience in new energy project construction and management in the midst of cooperation with Runchuang Fund and effectively improved its project management level, and that he looked forward to the coordinated development of the parties and joint improvement in their competitiveness by virtue of high consistency of the construction advantages of PowerChina Guizhou with the business strategy of China Resources Power for more efforts to clean energy.

PowerChina Guizhou, a subsidiary of China Power Construction Group Co., Ltd., tops the industry in the construction of domestic new energy power generation projects. Wang Yuanhui, Deputy General Manager of PowerChina Guizhou, Nie Xiaojun, Chief Accountant of PowerChina Guizhou, Li Xiangyang, strategic investment management leader of China Resources Power, Zhao Jianjian, General Manager of Rundian Investment and Runchuang New Energy Fund Manager, and Shan Wenxian, Deputy General Manager of Strategic Investment Department attended the meeting.