Guangdong Electric Power Development Co., Ltd

Guangdong Electric Power Development Co., Ltd. (hereinafter referred to as Guangdong electric power) was approved by Guangdong Electric Power Group, China Construction Bank, Guangdong trust and investment company and Guangdong electric power development company on September 8, 1992 by Guangdong Provincial People's Government (YFH [1992] No. 20) and Guangdong Provincial joint examination group of enterprise joint-stock system pilot and Guangdong Provincial Economic System Reform Commission (ygsc [1992] No. 54) Guangdong International Trust and Investment Corporation and Guangdong Development Bank were founded.

With the approval of China Securities Regulatory Commission, Guangdong electric power issued a shares in October 1993 and listed on Shenzhen Stock Exchange in November of the same year. Approved by the Securities Commission of the State Council, Guangdong electric power B shares were issued and listed in June 1995. After the completion of B-share issuance, foreign shares accounted for 25.83% of the total share capital of the company, thus Guangdong electric power became a foreign investment company limited by shares. In April 2001, May 2010 and December 2012, Guangdong electric power successfully issued additional A shares, with a total share capital of 4375.2367 million shares.

In August 2001, Guangdong Province took the lead in implementing the power system reform of "separation of power plant and power grid". The equity of Guangdong Electric Power Group Co., Ltd. was continuously held by Guangdong Yuedian Asset Management Co., Ltd. in May 2003, Guangdong Yuedian Asset Management Co., Ltd. was renamed as Guangdong Yuedian group Co., Ltd. As the controlling shareholder, Guangdong Yuedian Group Co., Ltd. currently holds 69.64% of the total equity of Guangdong electric power directly and indirectly.

The main business scope of Guangdong electric power is "investment, construction and operation management of electric power projects, production and sales of electric power, technical consultation and service of electric power industry."

Since its establishment, Guangdong electric power has been adhering to the business tenet of "taking capital from the people, using capital for electricity, benefiting the public" and the business policy of "focusing on electricity, diversified development", giving full play to the financing function of the securities market, and committed to the power construction of Guangdong Province. After 20 years of struggle, the controllable power generation installed capacity of only 600000 kW at the beginning of its establishment has increased to 17.8808 million KW at present, and the total assets have increased from 1.384 billion yuan at the beginning of its establishment to 67.919 billion yuan (December 31, 2013), realizing the large-scale power main business, diversified energy structure, standardized enterprise management, and becoming a leading power company with distinct main business, outstanding scale benefits, strong financial strength, and high-quality power High quality power listed companies with strong sustainable development ability.