SDIC Power Holdings - Appointment of Chairman

SDIC Power Holdings Co., Ltd.

Appointment of Chairman

According to the Company Law, the Articles of Association and relevant regulations, the Company convened the 26th meeting of its 12th Board of Directors on April 25, 2024. The meeting reviewed and passed the "Proposal on the Election of the Company's Chairman of the Board", agreeing to elect Mr. Guo Xuyuan as the Chairman of the 12th Board of Directors, with a term consistent with that of the 12th Board of Directors.

According to Article 1.8 of the Articles of Association: "The Chairman is the legal representative of the company." The legal representative of the company needs to be changed to Mr. Guo Xuyuan. The company will complete the registration procedures for the change of legal representative as soon as possible.

SDIC Power Holdings Co., Ltd.

                           April 25, 2024

Attachment:

Resume of Chairman

    Guo Xuyuan, male, 51 years old, is a senior engineer with a master's degree in engineering. He has successively served as the Director of Planning and Development Department; Director of Planning and Development Department & Director of Environmental Protection Management Center; Director of Engineering Management Department & Director of Strategic Development Department and Environmental Protection Management Center; Chief Infrastructure Engineer & Director of Strategic Development Department, Engineering Management Department and Environmental Protection Management Center; Chief Infrastructure Engineer & Director of Strategic Development Department; Chief Infrastructure Engineer; Deputy General Manager & Chief Infrastructure Engineer; Deputy General Manager; and General Manager of Yalong River Hydropower Development Co., Ltd. (雅砻江流域水电开发有限公司). He currently serves as the Chairman of Yalong River Hydropower Development Co., Ltd and SDIC Power Holdings Co., Ltd.