The board of directors of China Resources Power Holdings Company Limited announces that Mr. Tang Yong has resigned as an executive Director and the President of the Company, due to other work arrangements within China Resources (Holdings) Company Limited ("CRH") with effect from 30 September 2021. Mr. Tang has confirmed that he has no disagreements with the Board, and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Board announced that Mr. Shi Baofeng ("Mr. Shi") has been appointed as an executive Director and the President of the Company, with effect from 30 September 2021. Mr. Shi, aged 49, served as an executive director, president and chairman of corporate governance committee of China Resources Gas Group Limited from 28 November 2018 to 30 September 2021. Mr. Shi will be subject to rotational retirement and re-election requirements at general meetings pursuant to the articles of association of the Company.