China Longyuan Power Group Corporation Limited

China Longyuan Power Group Corporation Limited, established in 1993 and listed on the Shenzhen Stock Exchange in 2022, is a leading player in the electric power sector, specifically focusing on new energy production. The company is affiliated with CHN Energy and was the first new energy company in China to be listed on both H-share and A-share markets. Longyuan Power has pioneered the development of wind power in China and has expanded its operations to include various renewable energy sources, contributing to the country's transition towards green and low-carbon energy solutions. Longyuan Power operates a diverse portfolio of power generation projects, including wind, photovoltaic, biomass, tidal, geothermal, and coal power. The company has established eleven technical support systems to enhance its project development and operational efficiency. Its projects are distributed across 31 provinces and regions in China, as well as in international markets such as Canada, South Africa, and Ukraine. Longyuan Power is committed to technological innovation, safety, and environmental protection, while actively participating in the national greenhouse gas voluntary emission reduction market to enhance its sustainability efforts.

Seizing strategic opportunities and continuously accelerating efforts in green and low-carbon development. The Company maintained its rapid development in terms of scale and quality, aligned with national major development strategies, and promoted largescale development, breakthroughs and innovations through large-scale projects. In the first half of the year, the Company obtained the development quota of 6.09 GW, representing an increase of 51.87% over the same period last year, including 2.81 GW of wind power and 3.28 GW of photovoltaic power. Solidifying the safety foundation, and stabilizing the safety and environmental protection situation. The Company thoroughly implemented the spirit of safety production instructions, carefully coordinated production safety with various relationships, and insisted on highquality development and high-level safety benign interaction. In the first half of the year, the total power generation of the Company amounted to 40,082 million kWh, representing a year-on-year increase of 0.84%. Constructing high-quality projects and ensuring quality and speed of engineering construction. The Company accelerated the construction progress by strengthening the implementation of project construction conditions. In the first half of the year, 47 new projects of the Company were put into operation with consolidated installed capacity of 2,286.73 MW, of which the consolidated installed capacity of seven wind power projects was 595.00 MW, and the consolidated installed capacity of 40 photovoltaic power projects were 1,691.73 MW. Deepening marketing management and actively responding to market challenges. The Company continuously strengthened its market research and judgement capability, conducted in-depth market policy research. In the first half of the year, the average on-grid tariffs of the Company for wind power amounted to RMB441 per MWh, the average on-grid tariffs for photovoltaic power amounted to RMB283 per MWh, and the average on-grid tariffs for coal power amounted to RMB415 per MWh. Focusing on technological innovation and continuously enhancing development momentum. The Company actively fulfilled the “three roles” of a central enterprise, strengthened the position as the mainstay of scientific and technological innovation, fully leveraged the guarantee role of the ‘1+1+4+N’ organisational system, and accelerated the transformation of innovative achievements. In the first half of the year, the achievements of four projects of the Company reached international leading levels, with two national standards and eleven energy industry standards promulgated and implemented, and one national standard established. Strengthening carbon asset management to generate revenue and increase efficiency continuously. The Company actively participated in the construction of the national greenhouse gas voluntary emission reduction market, and obtained the first order of renewable energy projects on the first trading day of the national greenhouse gas voluntary emission reduction trading market. It promoted the application and trading of green certificates, applying for 4.23 million green certificates in the first half of the year, and efficiently carried out multiple green certificate transactions to vigorously enhance the value of environmental rights. Empowering the Company's high-quality development with ESG as the driving force. The Company deeply practiced the ESG concept, optimized the general framework of ESG construction of "one goal, four systems and six tasks". In 2023 and 2024, independent ESG reports verified by third parties were released in succession, which were included in Fortune China ESG Influence List for two consecutive years, and were successfully selected for the CCTV's "China ESG Listed Companies Pioneer 100" list for the first time.