China Power International subsidiary secures wind power EPC contracts

On December 5, 2025, Tianmen Clean Energy, an indirect non wholly-owned subsidiary of China Power International Development Limited, entered into two EPC Contracting Agreements with Shandong Electric Power Engineering Consulting Institute Corp., Ltd. The agreements are for the Yuekou Fozishan Project and the Ganyi Zaoshi Project, collectively known as the "Tianmen Wind Power Projects." The total consideration for these projects is RMB939,202,000.

Shandong Institute will provide comprehensive services including surveying, design, equipment procurement, construction, installation, commissioning, and other technical support for the projects. The aggregate consideration for these connected transactions, which are with an indirect non wholly-owned subsidiary of SPIC, exceeds 0.1% but is less than 5% of applicable percentage ratios, subjecting them to announcement and reporting requirements but exempting them from independent shareholders’ approval.

The Tianmen Wind Power Projects are designated as national rural energy revolutionary pilot projects aimed at enhancing local energy structure and promoting rural revitalization. The Group awarded the contracts to Shandong Institute after a stringent competitive open market tendering process, confirming the terms are no less favorable than those from independent third parties.