On December 20, 2023, Beltway Group CEO and Co Founder Mr. Ali Mohammad was invited to attend the cooperation signing ceremony in the Headquarters of China Power International Development Limited(“CHINA POWER“ for short) . CHINA POWER was incorporated in Hong Kong in March 2004 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in October 2004 (Stock Code HK.2380, the stock market value is about $5 billion dollars ), as the first Hong Kong red-chip listed power enterprise under the Central Government of China. It is a core subsidiary and flagship listed company for the conventional energy business of State Power Investment Corporation Limited. In 2022, the Group stepped up the pace of implementing its strategies by swiftly increasing the proportion of clean energy asset in power generation portfolio, and expanding the business scope of the Group.The Company acquired a total of 23 clean energy project companies from CPNE and 

CP INE, which are both indirect subsidiaries of SPIC, the ultimate controlling shareholder of the Company. All of the acquisitions have been completed during the year. Such companies have i nstalled capacities of wind power, photovoltaic power and environmental power of 1,550.0M W, 408.4MW and 197.0MW, respectively. During the year under review, these companies con tributed a net profit of RMB70,807,000 in aggregate after being consolidated into the financia l statements of the Group.

As the close partner of CHINA POWER, Beltway Group will continue its commitment for high quality projects worldwide.

Singing ceremony between Beltway Group CEO ALi Mohammad and Zhao Jiangang the General Manager of International Business Department of China Power International Development Limited