Subsidiary

Guangzhou Nansha Development Coal Jetty Co., Ltd.

Guangzhou Nansha Development Coal Jetty Co., Ltd., the holding subsidiary of the Company, was established on June 11, 2004 with the registered capital of RMB 10 million Yuan, of which, Guangzhou Pearl River Electric Power Co., Ltd. holds 90% equity interests and Guangzhou Oriental Electric Power Co., Ltd. holds 10% equity interests. Guangzhou Nansha Development Coal Jetty Co., Ltd. is mainly engaged in loading, unloading and transferring coal. After finishing the reorganization of related coal assets, Guangzhou Nansha Development Coal Jetty Co., Ltd. will be wholly owned by Guangzhou Pearl River Electric Power Fuel Co., Ltd. with the registered capital of RMB 169,948,100 Yuan.


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