Beijing Jingneng Clean Energy Co., Limited announced that upon Mr. Chen Dayu assuming the position as the chairman of the Board, Mr. Chen Dayu has resigned as the general manager of the Company, with effect from 25 April 2024 and Mr. LI Minghui, an executive Director, has been appointed as the general manager of the Company with effect from 25 April 2024 and until 31 December 2026. Mr. Chen has confirmed that he has no disagreement with the Board and there are no matters with his resignation as the general manager of the Company that need to be brought to the attention of the Shareholders. Mr. LI Minghui, aged 47, is an executive Director, the general manager of the Company, a member of the Strategy Committee and the Legal and Compliance Management Committee.

He has more than 15 years of management experience in the electric power industry. Mr. Li served as the deputy general manager (in charge of the work) of Xilin Gol Jixiang Huaya Wind Power Generation Co. Ltd. from July 2007 to September 2008; the deputy general manager of Inner Mongolia Wind Power Branch of Beijing Jingneng International Power Co.

Ltd. from September 2008 to July 2009; the deputy general manager of Beijing Jingneng New Energy Co. Ltd. from July 2009 to January 2018; the general manager of Beijing Jingfeng Thermal Power Co. Ltd. and Beijing Jingfeng Gas Power Generation Co.

Ltd. from January 2018 to June 2020; the deputy party secretary of Beijing Jingfeng Gas Power Generation Co. Ltd. from March 2018 to June 2020; the provisional secretary of the party committee of Beijing Branch of the Company from June 2020 to November 2020 and then its secretary of the party committee from November 2020 to September 2022; the executive director of Beijing Jingneng New Energy Co. Ltd. from June 2020 to September 2022; and the deputy general manager of the Company from November 2022 to April 2024.

Mr. Li has been an executive Director since August 2023, the deputy party secretary of the Company since March 2024 and the general manager of the Company since April 2024. Mr. Li graduated from North China Electric Power University in July 1998 with a bachelor's degree in electric power system and automation. Mr. Li studied on-the-job in Tsinghua Universityand obtained a master's degree in electrical engineering in January 2016.

Mr. Li holds the senior engineer professional and technical qualification.