On the morning of January 19, 2024, the bidding project of Hongyanzi Hydropower Plant 2024 sale of electricity was officially opened in the Group's "Nabis E-Trade Procurement and Supply Collaborative Cloud Platform".

The bidding announcement of Hong electricity sale project was publicly released on January 12, 2024 through the "Nabis E-Trade Procurement and Supply Collaborative Cloud Platform". A total of 25 electricity sales companies were invited to participate in the tender, of which 12 companies completed the platform registration, and 7 companies submitted bidding documents online. All bidding documents and information are encrypted and sealed by the E-Trade platform system, and online preview and download in any way are not supported, excluding the possibility of any information leakage, so as to truly ensure the security and confidentiality of bidding data.

The bid opening and evaluation of the project were conducted by online video, presided over by deputy general manager of the administration of Hong Electricity Company and relevant leaders of the Group company, Hong Electricity Company, the Group bidding Management Center and the Group e-commerce headquarters participated in the online bid opening meeting.

At 9 o 'clock in the morning, the bid opening meeting officially began, and the manager of the bidding project, logged in to the Group's "Nabis E-Trade Procurement and Supply Collaborative Cloud Platform", terminated the bid under the supervision of the bid supervisor and the judges, and entered the bid opening process.

After the project entered the bidding opening process, the manager of the bidding project downloaded the encrypted electronic bidding documents from the platform one by one through the bidding documents reading and downloading functions supported by the E-Trade platform, and announced the bid to the supervisor and the judges. The judges will evaluate the bid via online video, and read the bid information online through the login platform.

After the rigorous review and discussion of the judges, the bid evaluation was completed at 11 am, and the online signing of the bid evaluation report and other documents was completed on the same day, and the final bid was completed the next day.

Through E-Trade platform and online video, the bidding activity completed the bidding opening, evaluation and selection work within two working days, the whole process truly achieved openness and justice, data retention, safety and efficiency, and greatly reduced the operating costs of the bidding activity.

As the first large-scale online bidding project since the launch of Nabis Chemistry Group's "Nabis E-trade Procurement and Supply Collaborative Cloud Platform", the Hong electricity sales bidding project has launched the first shot of the Group's comprehensive digitization reform, marking an important step in the Group's information deployment, and laying a solid foundation for the establishment of the Group's electronic management system.

This online bidding will serve as a model project for the Group to achieve industrialization and digitization, which can be used as a reference for all units in the Group. At the same time, the efficient and convenient way of working effectively encourages all units to vigorously promote the online procurement and sale business, and jointly promote the in-depth development of the group's digital management.