CHINA GREEN ELECTRICITY INVESTMENT of TIANJIN CO.,LTD.

Company Profile

1. Rich experience in development and operation The company operates power stations covering various business formats such as offshore wind power, onshore wind power, photovoltaic power generation, photothermal power generation, and energy storage. For many years, it has been focusing on the research and development of long-distance transmission power technology and has successfully developed new and far-reaching application technologies for flexible DC transmission of offshore power. It has rich experience in project development, engineering construction, and production and operation. The company's Jiangsu Rudong H14 # offshore wind farm project, as the first fully lifecycle digital and intelligent offshore wind farm in China, has achieved digitization and intelligence throughout the entire process from early planning and design, engineering construction to later operation and maintenance. It has created several domestic firsts in the offshore wind power industry, including the first "beyond the line of sight" microwave communication system, the first personnel tracking and drowning assistance rescue system based on Beidou positioning in China, and more. During the reporting period, it was awarded the "2022 China Power Industry Quality Engineering" certificate by the China Electric Power Construction Enterprise Association. 2. Reasonable business layout The company has extensively deployed in 12 resource rich provinces in China, including Qinghai, Xinjiang, Gansu, Inner Mongolia, and Jiangsu, developing and constructing new energy projects such as offshore wind power, onshore wind power, photovoltaic power generation, and photothermal power generation, forming a green energy business layout that combines sea and land development. 3. Integrated optimization capability with multiple complementary capabilities The "Haixi Prefecture Multi energy Complementary Integration and Optimization National Demonstration Project" invested and constructed by the company adopts a "new energy+" model, with photovoltaic, solar thermal, and wind power as the main development power sources, and solar thermal energy storage systems and battery energy storage stations as regulating power sources. Multiple power combinations effectively solve the unstable and adjustable defects of wind and photovoltaic power, and solve the imbalance of power output during peak and low electricity consumption periods, We have built an internationally leading innovation base for the comprehensive utilization of pure clean energy that integrates wind, light, heat, storage, regulation, and load, with multiple complementary and intelligent scheduling capabilities. This project is one of the first batch of multi energy complementary projects in the country, and was once a representative project in the national new energy industry, participating in a large-scale achievement exhibition celebrating the 70th anniversary of the founding of the People's Republic of China. 4. Diversified financing channels After the company completes its main business transformation, it can effectively utilize the capital market to carry out various financing methods such as equity and debt. The company operates well and has established close cooperative relationships with multiple banks. The project company maintains a good credit record and high credit limit in the loan bank, with smooth financing channels and strong debt repayment ability. 5. Sound corporate governance mechanism and internal control system The company pays attention to internal management and constantly optimizes internal control process management according to changes in internal and external environment. A complete set of management process specifications has been established for project investment and operation. The company strictly regulates human resources, information, finance, and other aspects, ensuring effective company control and continuously improving risk prevention and control capabilities. 6. Adequate talent reserves The company has solidly carried out talent team construction, deeply implemented the strategy of strengthening the enterprise with talents, strengthened the training of professional talents in early development, production operation, safety management, etc., strengthened the construction of skilled talents, and continuously increased the introduction of high-quality talents, providing strong talent support for the company's development. 7. Unique industrial synergy advantages The unique competitive advantage of the company lies in its industrial synergy with shareholders. The indirect controlling shareholder of China Green Development focuses on green development, with an industrial layout covering sectors such as green energy, low-carbon cities, modern service industries, and strategic emerging industries. The company's new energy industry can achieve coordinated development with shareholders' low-carbon cities, modern service industries, and strategic emerging industries, forming a unique resource matching advantage.