About CGN NEW ENERGY Company

CGN New Energy Holdings Co., Ltd. (“CGN New Energy”) (formerly CGN Meiya Power Holdings Co., Ltd.) is an independent Asian power generator with diverse power types and geographical distribution. Our asset portfolio includes wind, solar, gas, coal, fuel, hydropower, cogeneration and fuel cell power generation projects and a steam project in China and Korea. In November 2010, CGN Group Co., Ltd. “CGN” acquired all of the company's share capital through its wholly-owned subsidiary CGN Huamei Investment Co., Ltd. and became our controlling shareholder. CGN is a wholly state-owned company established on September 29, 1994 in accordance with Chinese law. Authorized by the State Council in accordance with the China Company Law and other administrative regulations, the State Assets Administration Commission has investor rights and responsibilities in CGN. We focus on acquiring clean and renewable energy power generation projects while continuing our own new construction and expansion development to bring steady returns and create shareholder value. We are positioned as the only global platform for CGN to develop and operate non-nuclear clean and renewable energy power generation projects. The Group successfully obtained approval from CGN in 2015 to acquire the first batch of clean and renewable energy power generation project assets, including 13 wind power project companies and 6 solar project companies, with a total operating installed capacity of about 1,400 megawatts. The acquisition adds high-quality wind power and solar assets to the Group's portfolio, further highlights the Group's advantages as CGN's only non-nuclear clean and renewable energy power generation project platform, and enhances the Group's competitiveness.