On June 22, Ge Changxin, the vice chairman of the Board of Directors and senior vice president of CR Power, paid an official visit to Lin Jinben, the President of Fujian Energy Group Co., Ltd. (“Fujian Energy Group”). An in-depth discussion and exchange were made between both parties on the current market trend and future strategic cooperation.

Vice Chairman Ge Changxin was briefed about the development of China Resources Group and CR Power in recent years and the strategic objective for the “13th Five-year Plan”. He also reviewed the history of development between both parties and analyzed the current market situation of electric power and coal as well as the situation of operation and management of projects jointly progresses. It is a joint aspiration of CR Power and Fujian Energy Group to foster extended cooperation. It is expected that both parties will respond to the current market situation jointly and effectively through participation in various aspects, to achieve win-win development, Ge said.

President Lin Jinben pointed out that, CR Power, a powerhouse in the energy sector, had an outstanding management mode and extensive experience, hoping that both parties would make a full play to their own advantages to further maximize the exchange and cooperation in relevant fields. In particular, the capital cooperation in such sectors as electric power and coal should be strengthened for joint development.

Fujian Energy Group, a China top 500 enterprise, is a global business group which engages in various sectors, including coal, electric power, petrochemical, power distribution and sale, port logistics, real estate and scientific research and design. Its primary business includes new energy, new materials, medical care and finances.

Xi Yong, the General Manager of CR Power in Southeast China region and relevant unit leaders of CR Power and Fujian Energy Group were also present at the meeting.