Ownership structure of Guangxi Guidong Electric Power Co., Ltd.

Company name shareholding ratio

Hemianshi Hydropower Station 100%

Power supply company 100%

Guangxi Guineng Electric Power Co., Ltd. 93%

Hezhou Guidong Electronic Technology Co., Ltd. 9 1.69%

Guohai Securities Co., Ltd.

14.84%

Pingle Gui Jiang Electric Power Co., Ltd. 58.5%

Zhaoping Guihai Electric Power Co., Ltd. 5 1%

Guangxi Hezhou Minfeng Industry Co., Ltd. 35.55%

Caihua Electric Power Design Consulting Company 98.75%

Guangxi Fiona Fang electric power co., ltd. 1%