董事长致辞Address of the Chairman

At present, overall speaking, the world economy is in the state of recovery; and China's economic development has entered a period of new normal and is at the crucial stage of transformation and structural adjustments. With the further deepening of the industrial structural transformation and upgrading, the electric power industry is transforming from the scale-oriented expansion to quality benefit-oriented development. The strict adjustment and control of the Chinese Government on the development of the coal-fired power industry have brought opportunities for the development of the new energy-saving, green, low-carbon environmental protection industries and also brought new challenges and opportunities for the transformation of Guodian Technology & Environment. Guodian Technology & Environment will closely focus on the energy structural adjustment and electric power technological reform and under the guidance of the five major development philosophies, i.e. "Innovative, Coordinated, Green, Open, Sharing" issued at the Fifth Plenary Session of the 18th CPC Central Committee, insist on the industrial development direction of safer, cleaner, more efficient and sustainable energy utilization and make contributions to the construction of Beautiful China, Ecological China and Green China.

For years, Guodian Technology & Environment has been dedicated to the development and promotion of environment-protected, energy-saving and renewable energy technologies and has been focusing on the breakthrough of a series of key core technologies. As a result, it has formed comparatively advantageous strategic emerging industrial clusters, has enhanced its capability of performing the corporate social responsibilities and the capability of clean production in the electric power industry, making itself the leading enterprise of environment-protected, energy-saving and renewable energy with high reputation in the electric power industry of China.

Looking into the future, with the platform and resources our controlling shareholder Guotian Group provides, we will continue to reinforce the leadership of the CPC over the state-owned enterprise and firmly observe the market rules and mechanisms to improve and strengthen the five major core business sections including energy-saving, environment-protected and new energy equipment manufacturing and service, green power station general contracting, electric power electronic information-based operation and transform the enterprise from healthy development to sustainable development.We will strive to become a world-leading product and service provider in terms of the environmental protection and energy conservation solutions and renewable energy equipment and solutions.And we will repay our shareholders and society with our excellent operation achievements!