Press Release

CEM holds “The 1st Guangdong, Hong Kong and Macao Power Industry Summit”

18 September 2011, Macao

Three major power industry suppliers of the three regions including China Southern Power Grid Co., Ltd. (CSG), CLP Holdings Limited (CLP) and Companhia de Electricidade de Macau – CEM, S.A. (CEM) take turns to hold “The Guangdong, Hong Kong and Macao Power Industry Summit” regularly, in order to provide a platform for the top management of the power companies to meet regularly for exchange, thus strengthening the communication and cooperation. The first term of the “Guangdong, Hong Kong and Macao Power Industry Summit” hosted by CEM is held at Hotel Okura on 15 September.

CSG, CLP and CEM have always kept a good bilateral tie in communication and cooperation. The three parties hope to develop a trilateral tie in cooperation in the future, to enhance the exchange of information, knowledge and experience for common development. A Memorandum of Understanding is jointly signed by Zhao Jianguo, Chairman of CSG; Andrew Brandler, Chief Executive Officer of CLP and Franklin Willemyns, Chief Executive Officer of CEM during the Summit to establish the high-level visits and the communication and liaison mechanism among the three parties. The exchange and cooperation of the three parties would further be strengthened under the principle of “achieving an equal and win-win situation, complementing each other with relative advantage”, prompting the prosperous social and economic development among the three areas. Besides, an open discussion on the hot topics of the industry was held namely low-carbon development, smart grid, energy saving, renewable energy development, EV technology and application. The delegates were keen to share their views on the further development of the industry.

In Franklin’s welcome speech, he expressed that with the implementation of the “12th Five-Year Plan” and the signing of Guangdong-Macao Cooperation Framework Agreement, the development and integration of Guangdong, Hong Kong and Macao had been sped up. In view of the escalating demand on power services due to the burgeoning regional development, there is a need to work out a better blueprint for the power supply in the long term. It is a great honor for CEM to hold the first “Guangdong, Hong Kong and Macao Power Industry Summit”. Macao’s economy is growing rapidly in recent years, and it is of great importance for CEM to provide a reliable power supply for the region. It is an issue valued and affirmed by its industry peers. The first summit will have a forward-looking influence on the long-term power supply, whether it is for Macao or all three regions of Guangdong, Hong Kong and Macao. Other top management representatives attending the summit are: CSG delegates include Deputy General Manager Wang Jiuling, General Manager of Guangdong Power Grid Corporation Liao Jianhua; CLP delegates include Vice Chairman Betty Yuen, Managing Director Richard Lancaster; CEM delegates include Executive Director Bernie Leong and Advisor to Executive Committee Iun Iok Meng.