China Power and SIGC Hold Talks and Sign Agreement

On June 28, 2024, Mr. Gao Ping, President and Executive Director of China Power, met with Mr. Li Yuan, Chairman of Shaanxi Investment Group Co., Ltd. ("SIGC"), and his delegation at the headquarters. The discussions focused on future energy development and strengthening strategic cooperation, followed by the signing of a strategic cooperation agreement.

China Power welcomed the delegation and introduced its industry layout, technical strengths, and energy development plans, and highlighted SIGC's progress as the first state-owned capital investment and operation company in Shaanxi Province in developing a stable energy base and strong financial advantages. China Power expressed willingness to utilize its strengths to collaborate on coal-electricity integration, clean energy, and strategic emerging industries for high-quality coordinated development.

The delegation commended China Power's achievements in clean energy and green new industries. They outlined their ongoing efforts to develop a modern energy system with hybrid multi-energy sources (wind power, solar power, hydropower, thermal power, and power storage), aiming for practical cooperation and resource integration for mutual empowerment.

After the meeting, China Power and SIGC signed a strategic cooperation agreement.