Announcement on the Public Offering of China Power Investment Green Energy Co., Ltd. 2026 Technology Innovation Corporate Bonds (Phase I) to Professional Institutional Investors

China Power Investment Green Energy Co., Ltd.

(Address: No. 9699 Renmin Street, Changchun City, Jilin Province)

Announcement on the Public Offering of China Power Investment Green Energy Co., Ltd. 2026 Technology Innovation Corporate Bonds (Phase I) to Professional Institutional Investors

The company and all its directors, senior management, or personnel performing equivalent duties guarantee the accuracy, truthfulness, and completeness of the information disclosed in this announcement.

Important Notes

1. China Power Investment Green Energy Co., Ltd. (formerly known as Jilin Power Co., Ltd., hereinafter referred to as "the Issuer" or "the Company") obtained the "Approval for the Public Offering of Technology Innovation Corporate Bonds by Jilin Power Co., Ltd. to Professional Investors" (Zhengjian Permit [2024] No. 1329) from the China Securities Regulatory Commission on September 26, 2024, approving the Company to issue technology innovation corporate bonds with a total face value not exceeding RMB 3 billion to professional investors (hereinafter referred to as "this Bond").

2. The issuance size of this bond is not exceeding RMB 500 million (including RMB 500 million). Each bond has a face value of RMB 100, with an issuance quantity of 5 million bonds, and an issuance price of RMB 100 per bond.

3. In accordance with the "Securities Law" and other relevant regulations, this bond is issued only to institutional investors among professional investors. Retail investors and individual investors among professional investors are not permitted to participate in the subscription. After this bond is listed, it will be subject to investor suitability management. Only institutional investors among professional investors will participate in trading. Subscriptions or purchases by retail investors and individual investors among professional investors will be invalid.

4. According to the comprehensive assessment by China Chengxin International Credit Rating Co., Ltd., the Issuer's main body credit rating is AAA, with a stable outlook. This bond has no rating. As of the end of March 2026, the Issuer's net assets were RMB 27.2402252 billion, with a consolidated asset-liability ratio of 69.61% and a parent company asset-liability ratio of 58.52%. The average annual distributable profit in the last three fiscal years was RMB 840.828 million (the average of net profit attributable to the parent company in 2023, 2024, and 2025 was RMB 908.4177 million, RMB 1099.2392 million, and RMB 514.8271 million, respectively). It is expected to be no less than 1 times the interest of this bond for one year. The Issuer's financial indicators meet the relevant requirements prior to this issuance.

5. After the completion of this issuance, the Company will promptly apply to the Shenzhen Stock Exchange for the listing and trading of this bond. This bond meets the listing conditions of the Shenzhen Stock Exchange and will be traded through matching, click-through, inquiry, competitive bidding, and negotiated transaction methods. However, before this bond is listed, the Company's financial condition, operating performance, cash flow, and credit rating may undergo significant changes. The Company cannot guarantee that the application for listing of this bond will be approved by the Shenzhen Stock Exchange. If this bond cannot be listed at that time, investors have the right to choose to sell this bond back to the Company. Investment risks and liquidity risks arising from changes in the Company's operations and performance will be borne by the bond investors themselves. This bond cannot be listed on any other trading venue besides the Shenzhen Stock Exchange.