Subsidiary

Guangzhou Pearl River & Oriental Electric Power Co., Ltd.
Guangzhou Pearl River Electric Power Co., Ltd., the holding subsidiary of the Company, was established on June 1, 1992 with the registered capital of RMB 420 million Yuan and the operating period of 25 years. The Company and Hong Kong Neng Yong Co., Ltd. hold 50% equity interests respectively. Guangzhou Pearl River Electric Power Co., Ltd. has 2×300MW coal-fired units and is mainly engaged in power producing and distribution.
Guangzhou Oriental Electric Power Co., Ltd., the holding subsidiary of the Company (GDIH), was established on December 28, 1995 with the registered capital of RMB 990 million Yuan and the operation period of 25 years. The Company holds 75% equity??interests?though the wholly-owned subsidiaries Guangzhou Development Electric Power Investment Co., Ltd. and Guangzhou Yuandian Management Co., Ltd., and ALTIMA INTERNATIONAL LIMITED holds 25% equity interests of the company. Guangzhou Oriental Electric Power Co., Ltd. has 2×300MW coal-fired units and is mainly engaged in power producing and distribution.
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