600116: Chongqing Three Gorges Water Conservancy And Electric Power Co.Ltd(600116) announcement on the completion of power generation, on grid power and power sales in 2021

Stock Code: 600116 stock abbreviation: Chongqing Three Gorges Water Conservancy And Electric Power Co.Ltd(600116) No.: Lin 2022-001

Chongqing Chongqing Three Gorges Water Conservancy And Electric Power Co.Ltd(600116) electric power (Group) Co., Ltd

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

1、 Completion of power generation and on grid power of the company in 2021

As of December 31, 2021, the hydropower stations of the company’s subsidiaries and holding companies have completed a total power generation of 278147 million kwh, a year-on-year decrease of 5.62%; Including: 273975 million kwh in Chongqing, a year-on-year decrease of 5.32%; Mangyahe cascade II power station is located in Yunnan, 4172 million kwh, a year-on-year decrease of 22.03%. Hydropower stations of the company’s subsidiaries and holding companies have accumulated 2.75287 billion kwh of on grid electricity, a year-on-year decrease of 5.64%; Including: 27113.2 million kwh in Chongqing, a year-on-year decrease of 5.34%; Yunnan had 415.5 million kwh, a year-on-year decrease of 21.80%. Yubeishan power plant, Shuanghe power plant, Ganchang power plant, Changtan power plant, Feidu power plant, Shuangquan hydropower station and Dahekou power plant have not approved the on grid price, and the average on grid price of power generation of other power stations is 0.3223 yuan / kWh (excluding tax). The completion of power generation and on grid power of hydropower stations of the company’s subsidiaries and holding companies in 2021 is hereby announced as follows:

Power generation (100 million kwh) on grid power (100 million kwh)

No. power plant name installed capacity shareholding ratio change ratio (10000 kW) (%) 2021 2020 (%) 2021 2020 (%)

1 Yubeishan power plant 1.70 100.00 0.6137 0.6435 -4.63 0.6122 0.6415 -4.57

2 Shuanghe power plant 2.83 100.00 1.1969 1.3268 -9.79 1.1937 1.3237 -9.82

3 rush to power plant 3.75 100.00 1.5772 1.7734 -11.06 1.5748 1.7697 -11.01

4 Changtan power plant 0.64 100.00 0.1506 0.1203 25.19 0.1481 0.1192 24.24

5. Feidu power plant 0.13 100.00 0.0244 0.0214 14.02 0.0244 0.0214 14.02

Hengfeng, Wanzhou District, Chongqing

6 hydropower equipment Engineering Co., Ltd. 0.12 100.00 0.0517 0.0748 -30.88 0.0517 0.0748 -30.88

7 Xiangjiazui power plant 1.26 88.89 0.3342 0.3767 -11.28 0.3327 0.3731 -10.83

8 yangdonghe Hydropower Station 4.80 100.00 1.5092 1.7190 -12.20 1.5024 1.7113 -12.21

9 xiamenkou Hydropower Station 0.80 99.85 0.2642 0.1842 43.43 0.2559 0.1817 40.84

10 lianghuituo Hydropower Station 2.00 99.85 0.6965 0.5953 17.00 0.6931 0.5915 17.18

11 Zhenquan Hydropower Station 3.00 99.85 0.9622 0.8228 16.94 0.9590 0.8194 17.04

12 Jinpen Hydropower Station 2.50 99.85 0.7118 0.6408 11.08 0.7101 0.6391 11.11

13 xinchangtan Hydropower Station 0.96 100.00 0.5789 0.7042 -17.79 0.5775 0.7025 -17.79

14 mangyahe cascade II hydropower station 2.49 55.56 0.4172 0.5351 -22.03 0.4155 0.5313 -21.80

15 Shiban Hydropower Station 11.50 52.53 4.3502 4.8483 -10.27 4.3194 4.8146 -10.29

16 Yutan Hydropower Station 2.80 100.00 0.9047 1.0199 -11.30 0.8921 1.0064 -11.36

17 zhoubai Hydropower Station 2.40 100.00 0.7114 0.8030 -11.41 0.6970 0.7885 -11.60

18 xiangziyan Hydropower Station 3.20 100.00 1.0087 1.0899 -7.45 0.9948 1.0758 -7.53

19 Shuangquan Hydropower Station 0.25 100.00 0.0825 0.0920 -10.33 0.0810 0.0901 -10.10

20 Dahekou Hydropower Station 8.25 100.00 4.2436 4.1928 1.21 4.1951 4.1464 1.17

21 ladder cave Hydropower Station 3.60 100.00 1.9302 1.9315 -0.07 1.8934 1.8951 -0.09

22 Shidi Hydropower Station 12.00 100.00 4.1481 4.5140 -8.11 4.0785 4.4401 -8.14

23 songnong Hydropower Station 1.44 100.00 0.6281 0.7167 -12.36 0.6221 0.7068 -11.98

24 SANJIAOTAN Hydropower Station 2.20 100.00 0.7185 0.7255 -0.96 0.7042 0.7108 -0.93

Total 74.62 27.8147 29.4719 -5.62 27.5287 29.1748 -5.64

Note: the year-on-year decrease of the company’s power generation in this period is mainly due to the decrease of water inflow in the basin where the hydropower station is located.

2、 Electricity sales and average selling price of the company in 2021

Change proportion of the project from 2021 to 2020 (%)

Electricity sales (100 million kwh) 132.1821 113.2565 16.71

Average selling price of electricity (yuan / kWh) (excluding tax) 0.4388 0.4150 5.74

Note 1: the main reasons for the year-on-year increase of power sales are as follows: first, affected by the market situation, the users in the network improve the capacity utilization rate, and the power consumption increases year-on-year; Second, compared with the previous year, major customers were less affected by the epidemic and returned to work and production in an all-round way.

Note 2: the main reasons for the year-on-year increase in the average power sales price are as follows: first, in 2021, in accordance with the notice on further deepening the market-oriented reform of on grid electricity price for coal-fired power generation (fgjg [2021] No. 1439) issued by the national development and Reform Commission and the notice on adjusting the sales price of industrial and commercial catalogue (yfgg [2021] No. 1330) issued by Chongqing development and Reform Commission and other relevant policies, Increased the unit price of electricity sold by some users and transmitted the rising power purchase price; Second, according to the electricity price linkage mechanism between network enterprises, the sales unit price for some users such as electrolytic manganese, industrial silicon and ferroalloy has been increased.

It is hereby announced.

Chongqing Chongqing Three Gorges Water Conservancy And Electric Power Co.Ltd(600116) electric power (Group) Co., Ltd

Board of directors

January 13, 2002

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