According to documents recently issued by the People's Government of Beilun District, Ningbo City, the company has been approved to establish a wholly-owned subsidiary, Beilun Thermal Power Co., Ltd., and will have the exclusive rights to supply steam to a specified area in Beilun District.

In addition, the company has been required to make preparations for the relocation of its plant in the Dagang Industrial Zone, in compliance with the government’s adjustment on industrial planning in the area.

Ningbo Thermal Power Co., Ltd.
16 Jul 2008


Source: Shanghai Stock Exchange

Date: 16 Jul 2008

CN01/FL/LZ/BT/KM