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Investor Presentaiton

Optimistic feeling about the Company and stable shareholder structur Leading number of shares of fund investors at the end of 2020 in the industry (RMB 100 million) 100.0 596 80.0 60.0 40.0 20.0 78.2 0.0 CYPC SDIC Power Huaneng Power International, Inc. CNNF Huadian Power International Corporation Limited Market value of fund shareholding GD Power Zhejiang Zheneng Development Co., Electric Power Co., Ltd. Ltd. -Number of shareholding funds (Nr.) 800 Shanghai Power Guiguan Power Datang Power The number of shares of foreign institutional investors (FIIs) (1) has steadily increased, and that of China Securities Finance Corp. has remained stable 600 400 200 0 (100 million shares) 25.0 20.0 5.9 5.8 5.7 15.0 10.0 3.0 3.0 3.0 5.0 12.8 6.6 0.0 2019/12/31 (%) 8.6 8.7 10.0 8.0 6.0 2.9 2.9 4.0 2.0 12.5 6.6 13.1 6.6 19.5 6.6 19.8 6.6 2020/3/31 2020/6/30 2020/9/30 2020/12/31 Number of shares of foreign Number of shares of China Securities institutional investors Finance Corporation Limited Shareholding ratio of foreign institutional investors Shareholding ratio of China Securities Finance Corporation Limited 长江电力 Source: Wind China Yangtze Power Co., Ltd. (1) FIIs include Mainland Stock Connect and GDR investors 7
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