CGN NEW ENERGY (01811) commissioned CGN (Beijing) New Energy Technology to provide technical maintenance services for all the group's wind farms and solar power stations.

CGN NEW ENERGY (01811) announced that on November 20, 2024, the company entered into a wind farm and photovoltaic power station operation and maintenance service framework agreement with China General Nuclear Power Corporation (Beijing) New Energy Technology. From November 20, 2024 to December 31, 2026, the company agrees to appoint China General Nuclear Power Corporation (Beijing) New Energy Technology to provide technical maintenance services for all the group's wind farms and photovoltaic power stations. The board of directors believes that China General Nuclear Power Corporation (Beijing) New Energy Technology has the professional knowledge to provide technical maintenance services for wind farms and photovoltaic power stations, and has many years of experience and ability to carry out technical maintenance services in various parts of China to meet the needs and requirements of the group. In addition, during the framework agreement period of wind farm and photovoltaic power station operation and maintenance services in 2021, China General Nuclear Power Corporation (Beijing) New Energy Technology provided quality services in material support, new product and new technology application, digital construction, etc., making significant contributions to the stability of wind farm and photovoltaic power station operation, equipment efficiency improvement, among other aspects. Therefore, appointing China General Nuclear Power Corporation (Beijing) New Energy Technology to provide technical maintenance services for the group's wind farms and photovoltaic power stations will enable the group to provide related services in a more cost-effective, timely, and stable manner. The board of directors believes that this will be beneficial for both parties.