Yongxing Project Overview and Xinyuan Project Investment Highlights

GI - Our Value Creator and Growth Driver Residential Households Electricity STATE 国家生 CHINA CORPORATION Electricity Electricity Industrial Park Adoption of Innovative Circular Economy Model ("CEM") in GI Operations GI Projects Heating Heating Steam Sewage Treatment Plant Electricity Treated Water Sludge Sewage Fertiliser & Building Material Ammonium Nitrate & Ash Factories • • CEM is a closed-loop production model that cuts resource waste and pollution to a minimum through the re-using, repurposing and recycling of products and materials. It allows Sunpower to reduce cost while achieving ultra-low emissions for the industrial park where a GI plant is located. 11

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