Guangdong Meiyan Jixiang Hydropower Co.,Ltd. (China)

Guangdong Meiyan Jixiang Hydropower Co., Ltd, formerly known as Guangdong Meiyan Enterprise (Group) Co., Ltd, was incorporated in September 1994 and listed on the Shanghai Stock Exchange with the securities code "600868". The company adheres to the business philosophy of "benefiting Meiyan and benefiting everyone" and has been committed to creating value for shareholders, benefits for society, and welfare for employees. Over the past 20 years, the company has expanded its operating capital and optimized its industrial structure, going through different development periods of capital expansion, structural adjustment, upgrading innovation, and steady operation. It has achieved certain results in terms of economic benefits, social responsibility, and corporate growth. The company currently has total assets of 2.418 billion yuan, with over 400 employees, 9 wholly-owned and holding companies, and 5 branches. Its business involves hydropower energy, education, cement, and mining sales. The company's main business is hydropower generation, with a total installed capacity of approximately 151,000 kilowatts and an annual designed power generation of about 470 million kilowatt-hours. The company is focused on hydropower generation and actively seeks new opportunities, accelerating the development of clean energy and expanding the path of green development. In May 2019, the company successfully completed the re-election of the board of directors, the supervisory board, and the management team. With the new management team, the company will actively seek development opportunities, increase reform and innovation, strengthen communication and cooperation with the government and functional departments, meet new challenges, create new situations, and strive to maximize the company's value and return to shareholders, employees, and society.