Marking the first year of the "Twelfth Fifth Plan", domestic economy is expected to maintain its growth momentum and power demand in China will rise steadily in 2011. Overall supply and demand of power market will remain balanced despite the effects of market restructuring and consolidation, development of low carbon economy and policies related to energy conservation and emission reduction. Power generation of the Group in 2011 is expected to increase moderately in the face of pressure of rising coal price and opportunity for tariff adjustment. The Group will speed up its restructuring progress and focus on enriching its capital structure. Leveraging on the uniqueness as a listed power generation company incorporating both hydro power and coal-fired power, the Group aims to enlarge its scale of operation and narrow the gap between itself and companies in the industry by expanding the sources of income, strengthening cost control and enhancing its profitability in order to further consolidate the capital market position of China Power. The Group will strive to achieve sustainable development by exerting efforts in enhancing corporate systems and structure to improve its management standard, and to promote the corporate culture featuring "Still water runs deep".