From July 18 to 20, a review meeting was held in Chibi, Hubei Province on the preliminary design principles of CR Power's Puqi Phase III 1000MW Ultra-supercritical Coal-fired Generating Unit Project ("Phase III Project") was successfully held. Zhang Junzheng, vice chairman of the board of directors, and Bu Xiandou, vice president, of the Company were present at the meeting. Also present were Chen Xinjun, chairman, and Hu Yuqing, vice chairman, of Central Southern China Electric Power Design Institute Co., Ltd. (CSEPDI) of China Power Engineering Consulting Group, as well as relevant personnel from Power China Hubei Electric Engineering Co., Ltd. and State Grid Hubei Electric Power Co., Ltd.

During the review meeting, experts present listened to the detailed report on the preliminary design principles of the Phase III Project by CSEPDI, and were divided into six groups, including groups of steam engine, electric control and general civil construction, for careful and serious review and discussion. Thorough consultation and discussion at the meeting finalized the major technical programs, such as the overall design principles and principles for different professional areas, and formed relevant review minutes of the deliberations. Mr. Chen Xinjun, Mr. Wu Wei, General Manager of the Xianning Company, and Mr. Bu Xiandou contributed their inputs, respectively.

Mr. Zhang Junzheng said that the preliminary design review was an important node in the whole life cycle management of the Phase III Project, and should be viewed through a holistic and systematic lens, with the active efforts to implement the national requirements for energy saving and consumption reduction and zero emission of thermal power units and strengthen the research and application of new technologies, aiming to make it a world-class power generation project.

The Phase III Project is an important strategic decision made by CR in accordance with Hubei Province's strategic energy development plan, the state's "14th Five-Year Plan" for power development, and the Group's own strategic development plan. The successful construction of the Project can meet Hubei's needs for power load growth, promote the optimization and upgrading of the province's energy structure, facilitate the high-quality development of energy and the comprehensive and green transformation of the economy and society during the period of the "14th Five-Year Plan", and contribute to the successful realization of the "carbon peaking and carbon neutrality" goals.