GUANGXI GUIGUAN ELECTRIC POWER CO.,LTD. is principally engaged in the generation and distribution of electricity. During the year ended December 31, 2011, the Company supplied approximately 16.636 billion kilowatt-hours of on-grid electricity, including approximately 13.078 billion kilowatt-hours of hydropower, 3.377 billion kilowatt-hours of thermal power and 0.18 billion kilowatt-hours of wind power. The Company operates its hydroelectricity and thermoelectricity businesses in Guangxi Zhuang Autonomous Region, hydroelectricity business in Sichuan and Hubei provinces, as well as wind-powered electricity business in Shandong province, China. On July 11, 2011, the Company fully acquired a Zhejiang-based company.