52007-001: Air Quality Improvement in the Greater Beijing-Tianjin-Hebei Region–Henan Cleaner Fuel Switch Investment Program

By the end of 2020, YTNE completed the installation of 400,000 gas stoves.Not included in 2019 IVA report.By the end of 31 December 2021 , accumulatively 25,270.13km of natural gas transmission and distribution network installed.By end of 2021, 3 gas stations have been installed.Site Selection, project approval, bidding and procurement completed.Site Selection, project approval, bidding and procurement completed. By the end of 31 December 2021, accumulatively 686 gender-sensitive cleaner fuel use-awareness outreach programs completed, with women accounting for 50% of participants.According to the medium and long-term plan of the program, YTNE made a strategic cooperation with CDB in the coal-to-gas program. After the completion of RBL, CDB will continue to cooperate with YTNE to provide loans to support the construction of the program.YTNE has actually (i) improved the enterprise resource system; (ii) engaged 430 employees by the end of the year, including 316 male employees and 114 female employees (accounting for 27%).In 2020, integrated enterprise resource planning and management system installed in YTNE and optimized by YTNE.430 staff of YTNE as of October 2020 in total, including 316 men and 114 women, with women accounting for 27%.YTNE formulated and implemented the Financial Management System, Measures for Foreign Exchange Risk Management, Comprehensive Risk Management System, Internal Control Management System, and Internal Audit Charter.2019 IVA Report has confirmed the updating of their Financial and Risk Management System. They have adopted a social and environment safeguard management guidelines as well.A financing plan has been developed.

Disbursement for the program is roughly 21%. 2021 IVA report is expected to be approved by October 2022, and disbursement is expected in the 4th quarter.