POWERCHINA RESOURCES LTD. (“PCR”), a backbone holding subsidiary of Power Construction Corporation of China Ltd. (hereinafter referred to as “POWERCHINA Ltd”, Stock Code: 601699), was established on July 1st, 2012 in Beijing, China, with registered capital of 5.41 billion RMB.PCR’s business scope covers concession of electric power projects, development of oil, non-ferrous metal and mineral resources, real estate development, environmental conservation, investment in utilities and infrastructures, engineering and technical consulting services, import & export trading and overseas contracting.