On May 16, Shi Baofeng, Chairman of the Board of Directors of CR Power, met with Liu Chen, Secretary of Xinjiang Hotan Prefectural Party Committee, and his delegation in Shenzhen. Both parties had in-depth exchanges on accelerating the construction of cooperative projects, extending cooperation in a pragmatic fashion and expanding cooperation fields, and reached a broad consensus.

On behalf of CR Group, Mr. Shi Baofeng extended his warm welcome to Mr. Liu Chen and his delegation and introduced the basic information, industrial strength and business direction of CR Group and CR Power. In addition, Mr. Shi Baoguo also expressed his gratitude to Hotan Prefectural Party Committee and Administrative Office for their long-term support and assistance to CR Power. He pointed out that CR Power will, relying on the Group's advantages of diversified industries and industrial alliance coordination and according to the industrial structure characteristics and local needs of Hotan Prefecture, comprehensively promote multi-format and multi-industry cooperation, explore a new way of win-win development between prefectures and enterprises and intra-group coordinated development, and create a demonstration project of central and local cooperation in Hotan Prefecture. CR Power will promote the construction of cooperative projects in a high-efficiency and high-quality manner, boost the upgrade industries in Hotan Prefecture, and promote the all-around economic and social revitalization of Hotan Prefecture.

Mr. Liu Chen, on behalf of the Hotan Prefectural Party Committee, expressed his gratitude to CR Group for its positive contributions to the economic and social development of Hotan Prefecture and delivered a letter of thanks. He said that Hotan Prefecture attaches great importance to the cooperation with CR Group, and will continue to "build Hotan into a demonstration base for the coordinated development of multiple business models of China Resources". While supporting the implementation of new energy projects of CR Power as always, Hotan will accelerate the high-quality development of cooperation projects of various business models of China Resources in Hotan Prefecture, and strive to make more achievements in the cooperation between both parties, thus truly achieving mutual benefit and common development and jointly building a model of central and local cooperation.

The above activity was also attended by Zeng Guanjun, a member of the Hotan Prefectural Party Committee, persons in charge of the Hotan Municipal Bureau of Industry and Information Technology, Hotan Municipal Development and Reform Commission and Investment Promotion Service Center, Huang Weizhong, Vice President of CR Gas, heads of relevant departments of CR Cement and CR Sanjiu, Wang Bo, Vice President of CR Power, heads of relevant departments at the headquarters of CR Power and CR Power Xinjiang Company.