On 11 April 2008, CPI signed Strategic Business Cooperation Agreement with China Everbright Bank (CEB) in Beijing, which marks the cooperation between the two sides reaches a new high.

According to the Agreement, CEB is a long-term strategic partner of CPI and provides most preferential financial services and support to CPI in competitive businesses such as investment banking, credit and annuity, etc.

CPI is one of top five state-owned Gencos established during China’s power system restructuring in 2002. As of the end of 2007, CPI has a total asset of over 200 billion RMB, a controllable installed capacity of 43000MW and a coal production capacity of 34 million tons. CPI owns one red-chip listed company in Hong Kong and five domestically listed A-share companies and all nuclear assets of the former State Power Corporation. CPI attaches great importance to capital management. Since its establishment, CPI has accumulatively raised a direct financing of approx. 30 billion RMB from the capital markets both at home and abroad.

CEB is a joint-stock commercial bank controlled by the State, covering a wide-ranging business scope including corporate lending, investment banking, wealth management and fund management as well as fiscal agent business. CEB takes a leading place in its banking services in the same trade. In November 2007, CEB improved its financial strengths enormously with an added capital in USD equivalent to 20 billion RMB injected by Central Huijin Investment Company.

CPI and CEB will explore new areas to work together to achieve win-win results in multi-dimensional and in-depth cooperation.