The Development Course of Shenneng North Energy Holding Co., Ltd.

The registration and establishment of Shenneng North Energy Holdings Co., Ltd. is an important measure for Shenzhen Energy Group to grasp the macro-policy of national energy industry structure adjustment, ensure the sustainable development of the Group, and realize the strategic goal of strengthening and expanding the Group in the Eleventh Five-Year Plan.

As the first large-scale wholly-owned holding company registered by Shenzhen Energy Group Co., Ltd. outside the administrative region of Guangdong Province, Shenneng North Energy Holdings Co., Ltd. will take corporate vision as the investment management platform for the energy projects in the northern region of the Group, take the overall management of the clean energy projects in the northern region of the Group as the company mission, implement the development strategy of Shenneng Group in the northern region, and repay shareholders with good economic and social benefits.