China Power and ICBC Asia Hold Talks

On July 4, 2024, Mr. He Xi, Chairman of China Power, met with Mr. Liu Yagan, Chairman of Industrial and Commercial Bank of China (Asia) Limited ("ICBC Asia"), and his delegation at the Beijing headquarters. The discussions focused on how to further expand financial strategic cooperation.

China Power welcomed Mr. Liu and his delegation, providing a brief overview of China Power's assets, current operations, and future strategic layout in the energy sector, and expressed hope that ICBC Asia would leverage Hong Kong's status as an international financial center to broaden cooperation models and increase support for China Power's overseas projects.

ICBC Asia praised China Power's innovation and development in the clean energy sector, highlighting ICBC Asia's business scope and settlement system advantages. Mr. Liu noted that ICBC Asia has many years of investment and research and development in clearing information systems, offering high-quality and convenient services to Chinese enterprises expanding abroad. He expressed hope that both parties would make full use of Hong Kong's market and financial resources to strengthen cooperation in financing and settlement, supporting the development of China Power's clean energy industry.