Associated Companies

• · Guangzhou Development Environmentally Friendly Building Material Co., Ltd.
• · Zhaoqing Development Electric Power Co., Ltd.
• · Guangdong Redbay Power Generating Co., Ltd.
• · Guangdong Yuedian Holding Western Investment Co., Ltd.
• · Shenzhen Guangshen Shajiao B Electric Power Co., Ltd.
• · Foushan Sanshui Hengyi Power Plant Co., Ltd.
• · Guangzhou Pearl River LNG Power Generating Co., Ltd.
• · Guangzhou Pearl River & Oriental Electric Power Co., Ltd.
• · New Dongzhou Yao Coal Mine Project
• · Guangzhou Nansha Development Gas Co., Ltd.
• · Guangzhou Development Oil Products Sales Co., Ltd.
• · Guangzhou Gangfa Petrochemical Jetty Co., Ltd.
• · Guangzhou Development BP Oil Products Co., Ltd.
• · COSCO Development Shipping Co., Ltd.
• · Guangzhou Nansha Development Coal Jetty Co., Ltd.
• · Guangzhou Pearl River Electric Power Fuel Co., Ltd.