The board of directors of China Resources Power Holdings Company Limited announced that Mr. ZHANG Junzheng tendered his resignation as an executive Director and Vice Chairman of the Board due to his other business arrangement with effect from 16 December 2024. The Board announced that Mr. WANG Bo has been appointed as an executive Director with effect from 16 December 2024. Mr. WANG Bo, aged 50, has been appointed as an executive Director and the President with effect from 16 December 2024.

Mr. WANG has extensive management experience in the power industry. He joined China Resources Power (Xuzhou) Co. Ltd. in July 1995.

Mr. WANG has successively served in China Resources Power (Xuzhou) Co. Ltd., and SDIC Qujing Power Generation Co. Ltd., etc.

from July 1995 to June 2007; successively served in the Asset Operations Department and the Construction Department of the Company from June 2007 to November 2010; served as the General Manager of China Resources Cangzhou Co-Generation Co. Ltd. from November 2010 to August 2013; successively served as the General Manager of Hebei branch of Thermal Power Business Department of the Company and the General Manager of the Operations Division of the Thermal Power Business Department of the Company from August 2013 to May 2016; served as the General Manager of the Human Resources Department of the Company from May 2016 to March 2019; successively served as the General manager of Northern China Region of the Company and the General manager of North Region of the Company from March 2019 to May 2022; served as a Vice President of the Company from May 2022 to November 2024, during which he has also successively served as the General Manager of North Region of the Company and the General manager of Chongqing Energy Investment Group Co. Ltd. Mr. WANG holds a Bachelor's Degree in Engineering from Xi'an Jiaotong University in China.