Shanghai Energy Technology Development Co., Ltd.

(I) Overview
State Power Investment Group Shanghai Energy Technology Development Co., Ltd. (formerly CPI Power Engineering Co., Ltd.) was established in November 2003, located in the Science and Technology Oasis of Caohejing Development Zone, Shanghai. It is a clean energy integrated service provider with core businesses of "R&D, design and consulting, project contracting and management, project development and operation". It is a secondary subsidiary of State Power Investment Corporation Limited, the Wind Power Industry Innovation Center, and a specialized engineering construction platform and engineering service platform for offshore wind power.

(II) Organization and Personnel
The company's registered capital is 1,019,660,000 yuan. The headquarters currently has 15 functional departments and 1 business support institution, and under it there are 7 branch companies, 19 subsidiaries (including holding and participating), 59 project departments, and 2 regional working groups. The company currently has 1,300 employees, of which more than 97% hold higher education degrees or above; 345 people have registered professional qualifications in engineering; more than 100 professional project managers; and over 20 technical experts with certain influence in the industry and the group.

(III) Credit Standing
The company has complete qualifications, holding a Grade I general contracting qualification for electric power engineering, Grade I qualification for foreign project contracting, Super Grade commissioning qualification, Grade B supervision qualification, Grade B design qualification, engineering consulting, and bidding agency qualifications. It is a "5A-level Standardized Good Behavior Enterprise" of the state, a "3A" credit enterprise in the electric power industry, and has passed certification for quality, occupational health and safety, and environmental management systems. It has passed certification for the three systems of quality, occupational health and safety, and environment.

(IV) Business Areas
After 17 years of development, the company's business sectors cover thermal power, new energy, smart energy, non-electric (aluminum industry, integrated energy), ports, etc. Its main businesses have expanded from engineering construction management to a full industrial chain of power station services, including scientific research and development, design and consulting, engineering construction, project development and operation, commissioning and operation and maintenance, overhaul and technical improvement, and spare parts trade. It has formed both domestic and international markets, covering 31 provinces, autonomous regions, and municipalities in China and 6 countries and regions overseas.

(V) Company Achievements
Since its establishment, the company has undertaken a total of 226 engineering construction projects, 3 overseas operation and maintenance projects, and has put into operation 132 conventional thermal power and new energy projects with a total capacity of 60.795 million kilowatts, 1 nuclear power project with a total capacity of 2.5 million kilowatts, 1 integrated smart energy project, 6 port projects, and 1 power grid project. It has successively won 6 National Quality Gold Awards, 12 National Quality Awards, 3 Luban Prizes, and 30 High-Quality Electric Power Engineering Awards, covering all important awards in the field of domestic engineering construction.

(VI) New Scientific Research Development – Wind Power Industry Innovation Center
Amid the wave of new energy construction, the company focuses on "new industries, new formats, and new models", actively exploring the digitalization and intelligent development path of the wind power industry. Taking the comprehensive utilization of power meteorological big data as a key breakthrough direction, it has carried out a series of technological and business model innovations. It has taken the lead in establishing a power meteorology joint laboratory with the U.S. National Center for Atmospheric Research, France's Meteodyn, the National Climate Center, and Chengdu University of Information Technology, launching "power meteorological technology" first in China. Through introduction, digestion, absorption, and re-innovation, it has developed proprietary power meteorological technology and released the "Yufeng System" with functions such as wind resource assessment, power meteorological forecasting, and wind farm control optimization. It has also established the Group's Wind Power Industry Innovation Center, rapidly promoting high-quality development of the wind power industry and continuously enhancing the company's core competitiveness.

(VII) Corporate Responsibility
The company fulfills the social responsibilities of a central enterprise, carrying out project-based poverty alleviation. It has built and put into operation the Shanxi Linxian 30 MW photovoltaic poverty alleviation project, helping 1,000 poor households increase their annual income by 3,000 yuan each. It actively integrates into local development, and has developed, built, and operated more than 130 new energy power stations with high quality, creating good economic and social benefits for the local areas. The company has been awarded the title of "Shanghai Civilized Unit" for five consecutive sessions, was awarded the "National Civilized Unit" in 2017, the "Meritorious Enterprise for the 70th Anniversary of the Founding of New China" in 2019, and obtained the Shanghai "High-Tech Enterprise" certificate in 2020, achieving coordinated development of material and spiritual civilization.