China Three Gorges Corporation

We are a clean energy group focusing on large-scale hydropower development and operation and we believe we are the largest hydropower enterprise in the world in terms of installed capacity. Complementing our global leadership in hydropower, we also engage in renewable energy businesses including wind power and solar power, and we operate an international investment business in the hydropower and renewable energy sectors and international contracting business. Our total assets as of December 31, 2014 were RMB475.5 billion, and our revenue for 2014 was RMB63.0 billion.

We have been mandated by the PRC Government to develop the hydropower resources of the Yangtze River and its tributaries. We have managed the development and operation of the Three Gorges Project, which is currently the largest hydropower project in the world in terms of installed capacity. We have also been mandated by the PRC Government to develop four major Jinsha River hydropower projects: the Xiluodu Project, the Xiangjiaba Project, the Baihetan Project and the Wudongde Project. The Xiluodu Project and the Xiangjiaba Project each commenced full operation in 2014 and are currently the third largest and the seventh largest hydropower projects in operation in the world in terms of installed capacity, respectively. We have also commenced preparation work for the Baihetan Project and the Wudongde Project, which, once completed, are expected to rank amongst the 12 largest hydropower projects in operation, under construction and under development in the world in terms of installed capacity. Building on our clean energy expertise as the world’s largest hydropower developer and operator, we are diversifying our clean energy business by actively developing wind power, solar power and other renewable energy. Consistent with our leadership role in the global hydropower industry, we have accelerated our overseas business expansion to developed countries in Europe and North America, emerging markets with abundant resources such as Brazil and Africa, and neighboring countries such as Pakistan. We believe that our strengths in branding, technology and financing and our expertise in the full industry value chain, including design, construction and operation, are the key enablers that will drive our growth as we become a first-tier international clean energy group.

Our revenue for 2012, 2013 and 2014 was RMB36.9 billion, RMB42.6 billion and RMB63.0 billion, respectively. Our revenue for the first quarter of 2015 was RMB10.9 billion, compared to RMB8.9 billion for the first quarter of 2014. Our net profit for 2012, 2013 and 2014 was RMB15.1 billion, RMB17.6 billion and RMB26.0 billion, respectively. Our net profit for the first quarter of 2015 was RMB5.5 billion, compared to RMB2.1 billion for the first quarter of 2014, a year-on-year increase of 165.8%. Our EBITDA margin for 2012, 2013 and 2014 was 72.7%, 75.4% and 78.1%, respectively. Our EBITDA margin for the first quarter of 2015 was 80.8%, compared to 62.7% for the first quarter of 2014.

As of December 31, 2012, 2013 and 2014, our total installed capacity in the PRC was 29,234.7 MW, 42,278.9 MW and 50,026.4 MW, respectively, and our aggregate power generation in the PRC in 2012, 2013 and 2014 was 119.4 TWH, 132.4 TWH and 200.6 TWH, respectively. In addition, our total attributable installed capacity (calculated by multiplying our percentage ownership in EDP, China Power New Energy Development Co., Ltd., Shanghai Electric Power Co., Ltd, Hubei Energy Group Co., Ltd and Guangzhou Development Group Co., Ltd, in which we have a minority equity interest, by their total installed capacity) for 2012, 2013 and 2014 was 5,719.4 MW, 5,731.0 MW and 5,777.6 MW, respectively.