About CH RENEW EN INV Company

China Renewable Energy Investment Co., Ltd. (“China Renewable Energy”) is a subsidiary of Hong Kong Construction (Holdings) Limited (“Hong Kong Construction”). It is a developer of alternative energy projects focusing on China. It is headquartered in Hong Kong and also has an office in Beijing as an operation center for developing and managing projects in China. China's renewable energy aims to become China's most trustworthy partner in alternative energy development. The current strategy is to focus on developing and operating wind power projects in China. The company not only has a highly skilled and experienced management team, but is also one of the pioneers in China's growing wind power business. It also has strong project partners such as China Energy Saving Investment Corporation (“China Energy Saving”). China Energy Energy is one of the largest state-owned enterprises in China. It actively participates in energy saving and environmental protection work. The company also cooperates with other local municipal power companies. Currently, China Renewable Energy owns and operates two 30 MW wind power plants in Mudanjiang, Heilongjiang Province (86% and 86.6% of the shares respectively), a 49.5 MW wind farm in Sizi Wangqi Phase I in Inner Mongolia (100% of the shares), a 200 MW wind farm in Shanjinghe in Hebei Province (40% of the shares), a 100.5 MW wind farm in Lu'naobao, Hebei Province (30% of the shares), and a 201 MW wind farm in Changma, Gansu Province (40% of the shares) and a 25 MW waste-to-energy plant in Shandong Province (40%) equity). China Renewable Energy is currently developing the second phase of a 49.5 MW wind power project in Sizi Wangqi, Inner Mongolia (with 100% equity) and exploring new wind power project opportunities.