Huayi Electric Company – Bid-winning of Wind Power Projects

The Company’s wholly-owned subsidiary Huayi Wind Energy Co., Ltd. (Huayi Wind Energy) has recently received a ‘Notice of Preliminary Bid-winning’ issued by Tongyu Tuanjie Wind Power Plant (Tongyu Plant) of Huaneng Jilin Power Generation Co., Ltd., stating that Huayi Wind Energy is fixed to be one of the units winning the pre-bid of the main units of A and B Wind Farms in Tongyu Plant, winning the pre-bid of 20 sets of 1.5 MW wind turbines groups, with the total preliminary bid-winning price of RMB125,699,997.

The Company received a ‘Notice of Preliminary Bid-winning’ issued by China National Machinery Imp. & Exp. Corp., stating that the Company is fixed to be the winner of the pre-bid in the bidding for the purchase of wind power generation equipment of Huaneng Tongyu Xinhua Wind Power Project, winning the pre-bid of 132 sets of 1.5MW  wind turbines. Huayi Wind Energy and the Company will carry out the contract negotiations with owners of the aforesaid projects as soon as possible.