Brief Introduction of China Electric Power Finance Co., Ltd.

China Electric Power Finance Co., Ltd. (hereinafter referred to as China Power Investment Corporation) was established in 1993, and is a national non-bank financial institution approved by China Banking Regulatory Commission. With a registered capital of 5 billion yuan, China Power Investment Corporation was established by 50 electric power enterprises and institutions including State Grid Corporation and provincial (city, district) electric power companies. With the approval of China Banking Regulatory Commission, China Diancai has several regional branches in Northeast China, Northwest China, Central China and East China. Its registered capital, asset scale, total profit and other indicators are among the best in the domestic financial company industry, and it has established a good corporate image in the electric power and financial industries, and was elected as the chairman unit of China Finance Company Association.

With the approval of the China Banking Regulatory Commission, China Diancai's business includes: handling financial and financing consulting, credit certification and related consulting and agency business for member units; Assist member companies to realize the receipt and payment of transaction funds; Approved insurance agency business; Provide guarantee for member units; Handling entrusted loans and entrusted investments between member units; Handle bill acceptance and discount for member companies; Handle internal transfer settlement between member companies and corresponding settlement and liquidation plan design; Absorb deposits from member units; Handling loans and financial leasing for member units; Engage in interbank lending; Issuing financial company bonds upon approval; Underwriting corporate bonds of member units; Equity investment in financial institutions; Securities investment; Consumer credit, buyer's credit and financial leasing of products of member units.