The board of directors of China Renewable Energy Investment Limited announced that based on a preliminary review of the unaudited consolidated management accounts of the group for the year ended December 31, 2015, the group is expected to record a significant increase in the unaudited consolidated net profit for the year ended December 31, 2015 as compared with the audited consolidated net profit for the previous corresponding year ended December 31, 2014. The net profit of the group for the year ended December 31, 2015 is estimated to rise by over 100% on year-on-year comparison with the previous year ended December 31, 2014. During the year 2015, wind resources have returned to normal.

This improvement has helped improve net profit. In addition, full year contribution from the new Siziwang Qi Phase II 49.5MW operation has started in January 2015. Together with the effective cost control through continuous effort to enhance the availability of wind equipment, the increased wind capacity has further boosted the performance.