INSIDE INFORMATION - THIRD QUARTERLY REPORT OF 202110-27

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CGN Power Co., Ltd.*

中國廣核電力股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1816)

INSIDE INFORMATION

THIRD QUARTERLY REPORT OF 2021

This announcement is made by CGN Power Co., Ltd.* (the "Company") pursuant to Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of The Laws of Hong Kong).

The following is the 2021 Third Quarterly Report (the "2021 Third Quarterly Report" or the "Report") published on the website of the Shenzhen Stock Exchange, which sets out the unaudited results of the Company and its subsidiaries for the nine months ended September 30, 2021 for illustrative purpose only. Financial data contained in the Report have been prepared according to the China Accounting Standards for Business Enterprises.

The Report has been prepared in Chinese and English. In case of discrepancy, the Chinese version shall prevail.

By Order of the Board

CGN Power Co., Ltd.*

Yin Engang

Chief Financial Officer, Joint Company Secretary and Board Secretary

The PRC, October 27, 2021

As at the date of this announcement, the board of directors of the Company comprises Mr. Gao Ligang and Mr. Jiang Dajin as executive directors; Mr. Yang Changli, Mr. Shi Bin, Mr. Wang Hongjun and Mr. Gu Jian as non-executive directors; Mr. Li Fuyou, Mr. Yang Jiayi, Mr. Xia Ceming and Mr. Tang Chi Cheung as independent non-executive directors.

• For identification purpose only

CGN Power Co., Ltd* 2021 Third Quarterly Report

Stock Code: 003816

Stock Abbreviation: CGN Power

ANN NO.: 2021-065

CGN Power Co., Ltd.*

2021 Third Quarterly Report

The Company and the Board of Directors confirm the truth, accuracy and completeness of the information disclosed, and that there is no false statement, misleading representation or material omission.

Important notice:

The Board of Directors, the Supervisory Committee and Directors, Supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of this quarterly report, and warrant that there are no false representations, misleading statements, or material omissions of information in the report, and they jointly and severally accept responsibility for the report.

The legal representative of the Company, the person-in-charge of accounting affairs and the person-in-charge of accounting department (the head of accounting department) hereby declare and warrant the truthfulness, accuracy and completeness of the financial statements in this quarterly report.

Whether the Third Quarterly Report has been audited

• Yes √ No

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		CGN Power Co., Ltd* 2021 Third Quarterly Report
		Definitions
Terms	Means	Definitions
"Board" or "Board of	Means	the board of Directors of the Company
Directors"
"Director(s)"	Means	director(s) of the Company
"Supervisory	Means	the supervisory committee of the Company
Committee"
"Supervisor(s)"	Means	supervisor(s) of the Company
"Our Company",	Means	CGN Power Co., Ltd.* (中國廣核電力股份有限公司)
"Company", "CGN
Power", "we"
"CGNPC"	Means	China General Nuclear Power Corporation* (中國廣核集
		團有限公司), a controlling shareholder of the Company
"CGN Engineering"	Means	China Nuclear Power Engineering Co., Ltd.* (中廣核工程
		有限公司), a wholly-owned subsidiary of the Company
"Hongyanhe Nuclear"	Means	Liaoning Hongyanhe Nuclear Power Co., Ltd. (遼寧紅沿
		河核電有限公司), an associate of the Company
"This Reporting Period"	Means	from July 1 to September 30, 2021

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CGN Power Co., Ltd* 2021 Third Quarterly Report

1. MAJOR FINANCIAL DATA

1. Major accounting data and financial indicators

Does the Company require retrospective adjustment or restatement of the financial data for previous years

□ Yes √ No

		Changes between This		Changes between the
		The beginning of the year	beginning of the year to
		Reporting Period and
	This Reporting Period	to the end of	the end of This Reporting
	previous corresponding
		This Reporting Period	Period and the previous
		period
			corresponding period
Operating revenue (RMB)	22,269,176,407.77	21.10%	59,134,848,695.07	18.52%
Net profit attributable to the
shareholders of the listed	3,212,497,428.80	7.82%	8,710,640,903.48	6.43%
company (RMB)
Net profit attributable to the
shareholders of the listed
company (excluding the non-	3,187,144,068.78	8.96%	8,619,581,490.38	6.84%
recurring gains or losses)
(RMB)
Net cash flows from
operating activities	-	-	26,788,116,606.67	6.62%
(RMB)
Basic earnings per share	0.0636	7.80%	0.1725	6.42%
(RMB per share)
Diluted earnings per share	0.0636	7.80%	0.1725	6.42%
(RMB per share)
Weighted average return on	3.27%	Increased by 0.05	8.90%	Increased by 0.02
equity	percentage point	percentage point
	The end of This Reporting	The end of previous year	Changes between the end of This Reporting Period
	Period	and the end of previous year
Total assets (RMB)	396,516,364,140.79	391,898,373,485.73		1.18%
Equity attributable to the
shareholders of the listed	99,965,590,865.51	95,273,274,106.93		4.93%
company (RMB)

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CGN Power Co., Ltd* 2021 Third Quarterly Report

(II) Non-recurring gains or losses items and the related amount

√ Applicable □ Not applicable

			Unit: RMB
		Amounts from the
	Amounts of This	beginning of the
Item	year to the end of	Remarks
Reporting Period
	This Reporting
		Period
Gains or losses from disposal of
non-current assets (including the	71,783.61	71,783.61
written-off part of asset impairment
provision)
Government grants recognized in			Primarily due to the
profit or loss for the period (except
		receipt of rewards from
for those closely related to the
		local finance bureaus and
Company's normal business and for	87,242,017.31	181,049,479.03
fixed or quantitative purposes in			government grants such
		as government grants for
accordance with national policies and
		research projects.
uniform standards)
Other non-operating income and			Primarily due to the
4,855,459.33	-4,181,673.36	donations for rural
expenses other than the items above
		revitalization.
Other gains or losses items that meet			Primarily due to the
the definition of non-recurring gains	-49,258,207.78	-58,787,408.86	change in fair value of H
or losses			share appreciation rights.
Less: Income tax effect	8,254,133.04	20,055,511.39
Non-controlling interests effect	9,303,559.41	7,037,255.93
(net of tax)
Total	25,353,360.02	91,059,413.10	-

Details of other gains or losses items that meet the definition of non-recurring gains or losses:

• Applicable √ Not applicable

The Company did not have details of other gains or losses items that meet the definition of non-recurring gains or losses.

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