Recently, Yue Water and Electricity issued a notice that on November 3, 2023, the company received a report from its wholly-owned subsidiary Xinjiang Yue Water and Electricity Energy Co., Ltd. On November 3, 2023, the wholly-owned subsidiary of Xinjiang Yue Water and Electricity, Bachu County Yue Water and Electricity Energy Co., Ltd. invested in the construction of Yue Water and Electricity Bachu County 200,000 kW/800,000 kWh supporting energy storage and 800,000 kW market-oriented photovoltaic power generation project with a remaining capacity of 400 MW, and the first batch of 400 MW grid-connected power generation of Yue Water and Electricity Bachu County 200,000 kW photovoltaic and energy storage integration project. The total grid-connected power generation of the above-mentioned projects is 800 MW.

The grid-connected power generation of the above-mentioned projects will have a certain promotion effect on the future business performance of Xinjiang Yue Water and Electricity and the company. Up to now, the company has cumulatively put into operation clean energy projects with a total installed capacity of 3,785.19 MW, including 380.50 MW of hydropower, 723 MW of wind power and 2,681.69 MW of photovoltaic power.