Hangzhou Thermal Power: Chairman Liu Xiangjian resigns due to work adjustment.

Hangzhou Thermal Power Announcement: The Board of Directors of the company recently received a written resignation report from the Chairman of the Board, Liu Xiangjian. Due to work adjustments, Liu Xiangjian resigned from the positions of Chairman of the Board, Director, Director and Chairman of the Board's Strategic Committee, and member. His resignation report will take effect from the date of delivery to the Board of Directors, and will be deemed to simultaneously resign from the position of legal representative. During the vacancy of the Chairman, the company will have more than half of the directors jointly elect a director to preside over the Board of Directors or Shareholders' Meeting. The company will promptly complete the relevant work of director replacement and chairman election.