Wan Liyang announced that the company's participating company, Wanliyang Energy Company, plans to increase capital and expand its shares, and that the company and other existing shareholders will give up priority pledge capital contributions and will not participate in the capital increase. Wanliyang Group, the controlling shareholder, invested 133 million yuan to subscribe for an additional registered capital of 38 million yuan. After the capital increase, the shareholding ratio rose to 44.6479%, making it the largest shareholder. The company's shareholding ratio was diluted from 47.0523% to 40.0345%, and Wanliyang Energy is still a participating company. This transaction constitutes a related transaction, does not constitute a major asset restructuring, conforms to the long-term interests of the company, and will not have a significant adverse impact on finance and operations.

Wan Liyang announced that the company's participating company, Wanliyang Energy Company, plans to increase capital and expand its shares, and that the company and other existing shareholders will give up priority pledge capital contributions and will not participate in the capital increase. Wanliyang Group, the controlling shareholder, invested 133 million yuan to subscribe for an additional registered capital of 38 million yuan. After the capital increase, the shareholding ratio rose to 44.6479%, making it the largest shareholder. The company's shareholding ratio was diluted from 47.0523% to 40.0345%, and Wanliyang Energy is still a participating company. This transaction constitutes a related transaction, does not constitute a major asset restructuring, conforms to the long-term interests of the company, and will not have a significant adverse impact on finance and operations.