*St Beineng (000803): Investment And Establishment Of Wholly Owned Subsidiary And Completion Of Industrial And Commercial Registration

Announcement of Beiqing Huanneng Group Co., Ltd. on investment and establishment of wholly owned subsidiary and completion of industrial and commercial registration

The company and all members of the board of directors guarantee that the contents of information disclosure are true, accurate and complete, and there are no false records, misleading statements or major omissions.

I. Basic information of foreign investment

Beiqing Environmental Energy Group Co., Ltd. (hereinafter referred to as "the company") held the 19th meeting of the 10th board of directors on August 18, 2020, and the 7th extraordinary general meeting of shareholders in 2020 on September 4, 2020. The proposal on investment and establishment of wholly-owned subsidiary was deliberated and passed, and the company agreed to set up a wholly-owned subsidiary with its own capital of RMB 100 million. For details, please refer to the announcement on investment and establishment of wholly owned subsidiaries (Announcement No.: 2020-124) disclosed by the company on August 19, 2020.

2、 Progress

On September 16, 2020, Beiqing Thermal Power Co., Ltd. has completed the industrial and commercial registration procedures and obtained the business license issued by Nanchong market supervision and Administration Bureau. The specific registration information is as follows:

Unified social credit Code: 91511300ma36fmx02u

Name: Beiqing Thermal Power Co., Ltd

Registered capital: 100 million yuan

Type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person)

Legal representative: Xie Xin

Date of establishment: September 16, 2020

Business term: September 16, 2020 to long term

Address: No.717, 7th floor, enterprise service center, Nanchong Economic Development Zone, Wenfeng Avenue, Jialing District, Nanchong City

Business scope: thermal production and supply, cooling service, heating service; research and development of emerging energy technology, technology development, technical consultation, technical exchange, technology promotion, technology transfer and technical service; construction engineering survey, construction engineering design, construction project supervision, project management service; energy management contract; power generation, transmission and power supply business. (for projects that need to be approved according to law, business activities can only be carried out after being approved by relevant departments)

It is hereby announced.

Board of directors of Beiqing Huanneng Group Co., Ltd

September 16, 2020