Tianneng Power International Limited announced that net profit attributable to the owners of the Company for the year ended 31 December 2020 is expected to increase by approximately RMB758 million to RMB958 million (unaudited) compared to the same period last year (Tianneng Share's net profit attributable to the owners of the Company for the year ended 31 December 2019: approximately RMB1.492 billion), representing a year-on-year increase of approximately 50.81% to 64.22%. Tianneng Share's net profit attributable to the owners of the Company after deducting non-recurring gains or losses is expected to increase by approximately RMB639 million to RMB839 million (unaudited) compared to the same period last year (Tianneng Share's net profit attributable to the owners of the Company after deducting non-recurring gains or losses for the year ended 31 December 2019: approximately RMB1.311 billion), representing a year-on-year increase of approximately 48.72% to 63.97%.