The board of directors of China Resources Power Holdings Company Limited announced that due to other work arrangements within China Resources (Holdings) Company Limited, with effect from 24 April 2023, Mr. WANG Chuandong has tendered his resignation as the Chairman of the Board, a non-executive Director, the Chairman of the nomination committee of the Company and a member of the sustainability committee of the Company. The Board announced that, with effect from 24 April 2023, Mr. SHI Baofeng has resigned as the president of the Company, and has been appointed as the Chairman of the Board, the Chairman of the Nomination Committee and a member of the Sustainability Committee. Mr. SHI Baofeng, aged 51, has been appointed as an executive Director and the President in September 2021.

He is also a director/general manager of a number of subsidiaries of the Company. Mr. SHI served as an executive director, the president and the chairman of corporate governance committee of China Resources Gas Group Limited from November 2018 to September 2021. Mr. SHI joined China Resources Group in 2006 and CR Gas Group in March 2007.

He consecutively served as the assistant general manager and vice president of CR Gas Group and was responsible for the operation of South China Region. Mr. SHI holds a Master of Business Administration Degree from the Southwest Jiaotong University, China and a Master Degree from China Europe International Business School. He is also qualified as a Senior Engineer.

The Board announced that Mr. SO Yiu Fung has been appointed as the company secretary of the Company with effect from 24 April 2023. Mr. SO, aged 41, currently serves as the group deputy company secretary of CR Corporate Affairs Limited. He has been appointed as the company secretary of China Resources Medical Holdings Company Limited since July 2018, China Resources Cement Holdings since May 2022, China Resources Land Limited since January 2023 and China Resources Mixc Lifestyle Services Limited since January 2023, respectively.

Prior to that, Mr. SO had served as the company secretary and an authorised representative of TUS International Limited (currently known as Titan Invo Technology Limited), the deputy director of capital group of finance department of China Resources Land Limited, the senior company secretarial officer of the legal department of China Resources (Holdings) Company Limited, and had also worked for corporate finance advisory firms. He holds a Bachelor's Degree in civil engineering from the University of Hong Kong, and is a member of the Hong Kong Institute of Certified Public Accountants. Mr. SO has over 15 years of experience in corporate finance, merger and acquisition, company secretary and accounting.