GEPIC Energy Development Co., Ltd.

Company Profile

1.The company is a comprehensive energy and power listed company that integrates thermal power, hydropower, wind power, and photovoltaics, forming a multi energy complementary power structure of "wind, solar, water, fire, and storage". Among them, the thermal power project is the largest peak shaving thermal power project in the northwest region, and it is also the supporting peak shaving power source for the Qishao ± 800 kV high-voltage direct current transmission project, a key project of the national "West East Power Transmission" strategy; The hydropower installed capacity has a certain scale advantage in Gansu Province and has high competitiveness in the Gansu power market. Compared with other power generation businesses, the long-term performance of hydropower generation business is less affected by economic cycles, and the short-term performance is affected by fluctuations in the inflow of rivers in the basin. In the long run, the profitability is relatively stable; The affiliated photovoltaic power stations and wind farms are mainly located in the Hexi region of Gansu Province, which is an area with abundant solar and wind energy resources in China and has certain geographical advantages. 2.The company has reserved the construction indicators of new energy projects such as the 6 million kilowatt new energy project of Tengger Desert Base, the 1 million kilowatt new energy project of Wuwei Minqin, and the green power polymerization pilot project of Gansu Qingyang Dongshuxichuan Industrial Park. In the long run, the overall development prospects of the company are promising. 3.The controlling shareholder of the company, Diantou Group, is the second largest power generation entity and provincial leading enterprise in Gansu Province. It is a pilot unit for the reform of state-owned capital investment companies established by the provincial government and has been identified as the main enterprise in the power industry and data information industry chain in Gansu Province. After years of reform and development, sectors such as electricity and heat, data and information, industrial finance, public welfare and livelihood, and strategic investment have been formed, which are important engines for driving investment and promoting high-quality economic development in Gansu Province. The company is the only listed capital operation platform of the Power Investment Group, with great development potential.