Subsidiary

Guangzhou Pearl River LNG Power Generating Co., Ltd.
Guangzhou Pearl River LNG Power Generating Co., Ltd., the holding subsidiary of the Company, was established on September 6, 2002. The Company holds 70% equity interests though the wholly-owned subsidiary? Guangzhou Development Electric Power Investment Co., Ltd. and Yuedian Group holds 30% equity interests of the company. The company is mainly responsible for constructing the Pearl River LNG Power Generating project, power producing and distribution. Unit 1 and 2 of Phase I Pearl River LNG Power Generating Project (2×390MW) have passed the 168-hour full-load trial run and have been put into production on December 24, 2006 and March 14, 2007 respectively.
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