On August 4, Wang Chuandong - Vice General Manager of CR Group and Chairman of Board of Directors of CR Power, Shi Baofeng - President of CR Power, Yang Ping - President of CR Gas met with Guo Kangwei - Head of Baodi District of Tianjin City and his delegation. Both parties exchanged with each other on further enhancing investment cooperation in multiple fields.

Vice General Manager Wang Chuandong welcomed Mr. Guo and his delegation, and introduced the "14th Five-Year Plan" for Development of CR Group and the development in the first half year of 2022. He said that, in the coordinated development of Beijing, Tianjin and Hebei, Baodi District of Tianjin City undertook the task of easing and solving capital functions, with a significant geographical advantage. During the period of the 14th Five-Year Plan, CR Group hopes to strengthen exchanges and co-frequency resonance with Baodi District Government, expand the investment layout in various fields such as power, gas and mass consumption, and step on a new stage based on the original cooperation.

Mr. Guo Kangwei thanked CR Group for its great contributions over the years to economic development of Tianjin City and Baodi District of Tianjin. He hoped that CR Power could make the new energy project invested and developed in Baodi District a flagship project in the region, and carry out all-round cooperation in other business fields based on the cooperation so as to promote economic development of Baodi District with high quality.

On August 5, Ma Li - Vice President of CR Power and General Manager of North China Region attended Shenzhen Investment Promotion Conference in Baodi District, Tianjin, and signed the strategic cooperation agreement with Baodi District Government on behalf of CR Power. Both parties will enhance cooperation in the field of new energy and accelerate the construction of the new energy project of CR Power in Baodi District.

Liu Yongsheng - Deputy Head of Baodi District, relevant department heads of Baodi District and leaders of relevant organizations such as CR Power, CR Gas and CR Vanguard also attended the meeting.