Leading shares of wind power operators

1. The leading share of wind power operation is energy-saving wind power.

2. The quarterly report of energy-saving wind power in the second quarter of 221 shows that the company achieved revenue of 91 million, up by 23.73% year-on-year; The net profit was 288 million, a year-on-year increase of 22.83%; Earnings per share is .57 yuan.

About Longli Power Supply

On December 8, the official micro-display of Longyuan Power Group Co., Ltd. (hereinafter referred to as Longyuan Power, 916.HK) showed that the world's largest wind power operator will officially land in the A-share capital market in the near future, realizing the dual listing of A-shares and H-shares. In 22, Inner Mongolia Pingzhuang Energy Co., Ltd. (hereinafter referred to as Pingzhuang Energy, 78.SZ) was approved to be absorbed and merged by the China Securities Regulatory Commission. The parent companies of Longyuan Power and Heping Zhuang Energy are National Energy Group, and a number of new energy stocks of state-owned enterprises have set off a wave of delisting in Hong Kong, competing with Huaneng New Energy, China Power Clean Energy &; 4. Unlike Huadian Fu, Longyuan Power did not remove Hong Kong shares, but sought dual listing by injecting the assets of the parent company, which also opened the new energy power generation enterprises under the banner of the five major power generation groups to land in the A-share capital market.

2. Longyuan Power's A-share listing includes three parts: share exchange, absorption and merger, asset sale and cash purchase, in which Longyuan Power issued A-shares to all convertible shareholders of Pingzhuang Energy at a conversion ratio of 1:.347 to absorb and merge Pingzhuang Energy. Pingzhuang Energy plans to transfer coal and other assets to Inner Mongolia Pingzhuang Coal Industry (Group) Co., Ltd. (hereinafter referred to as Pingzhuang Coal Industry), Pingzhuang Coal Industry paid a cash transaction consideration of 3.437 billion yuan. At the same time, Longyuan Power purchased 1,995,1 kilowatts of high-quality wind power assets from a subsidiary of National Energy Group and paid a cash transaction consideration of 5.774 billion yuan.

3. The specific targets of purchase include: 1% equity of Northeast New Energy of Liaoning Electric Power, a national energy group; Shaanxi Electric Power Dingbian New Energy 1% equity; 1% equity of Guangxi New Energy; 1% equity of Yunnan New Energy; 1% equity of Gansu New Energy; 1% equity of Tianjin Guodian Jieneng Power Co., Ltd.; 1% equity of Inner Mongolia New Energy D 1% equity of Shanxi Jieneng Co., Ltd.

4. Longyuan Power said that the injection of the above-mentioned new energy assets will help reduce the horizontal competition with the parent company, improve the independence of listed companies, realize the integration of the new energy business sectors of the National Energy Group, and promote intensification. After the transaction is completed, the installed capacity of the wind power control unit of Longyuan Power will reach 24.491 million kilowatts.

5. China Energy Group promises to inject 21,46,7 kilowatts of wind power assets of other subsidiaries into Longyuan Power after the completion of this transaction. In recent years, due to policy risks such as the downward adjustment of electricity prices and the default of new energy subsidies, the asset value of Hong Kong new energy operators has been underestimated, resulting in limited financing capacity. Therefore, many enterprises, such as Huaneng Xinene rgy, Huadian Fuxin and China Guangdong Nuclear Power New Energy, seek privatization and delisting.

6. Pingzhuang Energy said that at present, the investment and financing tools in the A-share market are constantly innovating, and the investment and financing are active. The overall valuation of A-shares is low and H-shares are owned, which can provide strong financial support for the future business development and mergers and acquisitions of Longyuan Power.