Wuhan Kaidi Electric Power Co. Ltd. is a high-tech incorporation registered in the Wuhan East Lake Hi-tech 
Development Zone,  Hubei province,  established with directional placement mode in February 1993.   On 
September 23, 1999, Kaidi Electric Power Stock A (Code: 000939) was listing in the Shenzhen Securities
Exchange, which was the first power environment protection listing company recommended by the national
electric power corporation.

----Kaidi Electric Power Co. Ltd.  has capital stocks in existence of   216.3   million shares,   including 13
corporation shareholders with 110.2332 million shares altogether, accounting for 50.963% of the total capital stocks,   among which the corporation shareholders of power industrial background amount for 68% of the
corporation stocks.   After electric power system is reformed,   the newly organized China Electric Power
Investment Group Co. and Datang Electric Power Group Co. Ltd. have become the main shareholders of Kaidi Electric Power Co. Ltd.

----Kaidi Electric Power Co. Ltd.  takes up with development and application of new technologies and new
products of environment protection,   new energies and electric power industries,   and is engaged mainly in
EPC contracting of engineering design, complete plant, construction, installation, commissioning, training etc. of coal burning electric power plant flue gas desulphurization projects,   clean coal burning power plant
technologies and engineering,   domestic rubbish treatment and power generation projects,   and capital
operation with environment protection industry as core.


----In the EPC field of flue gas desulphurization, boiler island and power plant projects, Kaidi Electric Power
Co. Ltd. possesses stronger competition forces with a group of experts and professionals in the fields of flue gas desulphurization, circulation fluidized bed and rubbish treatment, and high quality complete plant and
project management procession,   and complete deployment of specialties,   including process design,
electrical and control, civil work and steel structure, having an advantage of integrating core technologies,
engineering design, system integration and project management.

----In the aspect of engineering, Kaidi Electric Power Co. Ltd.   has obtained Grade A Project Consultation
Certificate and Grade A Environment Engineering Design Certificate issued by the Ministry of Construction of
China, which is only one among domestic power environment protection firms with the above-mentioned two Grade A certificates.   The project management level of Kaidi Electric Power Co. Ltd.   has reached the
international standard; the technical levels and performances of key products have approached the present
international advanced levels,   part of figures have reached and exceeded those of foreign products,   with
independent intellectual rights.

                
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