深南电B：2022年年度报告摘要(英文版)

Stock code: 000037, 200037 Short Form of Stock: Shen Nan Dian A, Shen Nan Dian B No.: 2023-018

Summary of the Annual Report of Shenzhen Nanshan Power

Co., Ltd. of 2022

I. Important notes

The summary is abstract from full text of the annual report. For more details of operating results, financial condition and futuredevelopment plan of the Company, investors should refer to the full text of the annual report published on media designated byCSRC.Except independent director Mr. Chen Zetong was unable to personally attend the Board Meeting to review annual report due towork reasons, authorized independent director Mr. Du Wei to attend the meeting and exercise voting rights on his behalf. All otherdirectors attended the Board Meeting for annual report deliberation.Prompt of non-standard audit opinion

□Applicable ?Not applicable

Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the Board in the reportingperiod

□Applicable ?Not applicable

The Company plans not to pay cash dividends, issue bonus shares and increase share capital by converting from public reserves thisyear.Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period

□Applicable ?Not Applicable

II. Company information

1. Company profile

2. Main business or product introduction in the reporting period

The main business of the Company is production and operation of power supply and heating, as well as technical consulting andservice related to power station (plants). At the end of reporting period, the Company holds two wholly-owned and holding gasturbine plants, which equipped with five sets of 9E gas steam combined cycle power generating units, with total installed capacity upto 900,000 KW (Nanshan Power Factory: 3×180,000KW, Zhongshan Nanlang Power Plant: 2×180,000KW).The two gas turbineplants are located in the power-load center of the Pearl River Delta, and it is the main peak-regulating power supply in the regionwhich is currently in normal production and operation state.On February 21, 2022, after deliberation and approval at the 5th extraordinary meeting of the 9th Board of Directors of the Company,the Company started the shutdown and decommissioning of two 9E gas turbines of Shen Nan Dian Zhongshan Company, andsubmitted its application for shutdown and decommissioning to the Guangdong Province Energy Bureau on November 24, 2022.Shen Nan Dian Zhongshan Company will continue its power generation business before obtaining the approval, which will not havea significant impact on the current production and operation of the Company and Shen Nan Dian Zhongshan Company.During the reporting period, the electricity business faced many challenges, such as repeated Covid-19 epidemic, fierce electricpower market competition and high fuel prices. In order to minimize the negative impact of the external environment on theCompany's operating performance, the Company implemented a series of business layout and management changes with innovativethinking and tenacious perseverance, defined the annual business objectives and guidelines, took major targeted measures, constantlystrengthened the economic operations management on the basis of continuously intensifying work safety management. Complyingwith the accelerating trend of electric power market reform in Guangdong province, the Company organized two subordinate powerplants to actively participate in the electricity market-oriented marketing competition and achieved good results, and madecontributions to reduce losses.During the reporting period, the Company's non-electricity business also faced tremendous pressures and challenges. The Shen NanDian Engineering Company continues to develop technical consulting and technical services for domestic gas turbine power plantconstruction while resisting the pressure of epidemic control and prevention and promoting overseas projects. The Shen Nan Dian

Environment Protection Company has shifted its focus to exploring the path of business transformation and upgrading due to theenvironmental protection pressure and the adjustment of Shenzhen municipal sludge disposal route.

3. Main accounting data and financial indexes

(1) Main accounting data and financial indexes for recently three years

Whether it has retroactive adjustment or re-statement on previous accounting data or not

□ Yes No?

Unit: RMB

(2) Quarterly main accounting data

Unit: RMB

Whether there are significant differences between the above-mentioned financial indexes or its total number and the relevantfinancial indexes disclosed in the Company's quarterly report and semi-annual report

□ Yes No?

4. Shares and shareholders

(1) Particulars about ordinary shareholders, preferred shareholders with voting rights recovered and top ten shareholders

Unit: share

Total number of preferredshareholders whose votingrights were restored at theend of the month prior tothe date of annual reportdisclosed

(2) Total preferred shareholders of the Company and shares held by top ten preferred shareholders

□Applicable ?Not applicable

The Company has no preferred shareholders during the reporting period.

(3) Disclosure of the Company's property rights and control relationships in the form of a block chart

5. Bonds in existence as of the approval date of the annual report

□Applicable ?Not applicable

III. Important matters

During the reporting period, there are no significant changes in the Company's operating conditions. For other important matters,please refer to the full text of the Annual Report 2022 of the Company.