CN

Domestic Business

Investment and Financing Business

Fully leveraging its advantages such as excellent asset quality, stable cash flow, high credit rating, and good brand image, CYPC adheres to strategic leadership, focuses on its main responsibilities and businesses, and steadily carries out foreign investments around clean energy, integrated smart energy, upstream and downstream of the industrial chain, and technological innovation. In the future, CYPC will follow the guidance of its development plan, focus on its main responsibilities and businesses and strategic guidance, uphold the concepts of value investing and long-term investment, and strive to implement the reforms of state-owned enterprises and electricity market. The Company will actively seize opportunities in the capital market, steadily carry out foreign investment, make effective use of capital operation methods, continuously expand direct financing channels, constantly reduce financing costs and serve the development strategy of the Company.

Through taking a large proportion of shares in high-quality power enterprises such as Hubei Energy Group, SDIC Power Holdings, Chuantou Energy, Yunnan Huadian Middle Jinsha River Hydropower Development Co., Ltd., and Guiguan Electric Power, CYPC has continuously improved its equity installed capacity, optimized its power supply structure, promoted the establishment of equity bonds with hydropower development entities in the upper reaches of the Yangtze River, actively promoted the joint operation of hydropower resources in the Yangtze River Basin and achieved simultaneous growth of benefits and scale.

CYPC has consistently maintained top-tier credit ratings both domestically and internationally throughout the year, aligned with national sovereign credit ratings, and has been awarded the "Green Economy Mark" certification by the London Stock Exchange (LSE). In recent years, CYPC has made continuous innovations in financing modes, and its financing varieties have covered the mainstream financing varieties in China's capital market; The Company has closely followed various regulatory innovation policies, and actively issued "epidemic prevention and control"-themed bonds, green corporate bonds, sustainability-linked bonds, Sci-Tech Innovation Corporate Bonds, and "Shanghai-London Stock Connect" Global Depository Receipts (GDR).

In the future, CYPC will follow the guidance of its development plan, focus on its main responsibilities and businesses and strategic guidance, uphold the concepts of value investing and long-term investment, and strive to implement the reforms of state-owned enterprises and electricity market. The Company will actively seize opportunities in the capital market, steadily carry out foreign investment, make effective use of capital operation methods, continuously expand direct financing channels, constantly reduce financing costs and serve the development strategy of the Company

investment