The Party Group of State Grid Corporation: Firmly supports the Central Committee's decision to conduct a disciplinary review and supervision investigation of Xin Baoan.

On August 1st, the Party Leadership Group of the State Grid Corporation held a meeting to announce the decision of the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission to conduct a disciplinary review and supervision investigation into Xin Baoan's suspected serious violations of discipline and law. The meeting was chaired by Zhang Zhigang, the Secretary of the Party Leadership Group and Chairman of the Company. Zhang Wenfeng, the Deputy Secretary of the Party Leadership Group and General Manager, Shao Guoyong, the Deputy Secretary of the Party Leadership Group, and other members of the Party Leadership Group attended the meeting. The attendees unanimously expressed their firm support for the decisions made by the Party Central Committee and the Central Commission for Discipline Inspection and the National Supervisory Commission.