Tongwei Co., Ltd. announced that the company plans to issue shares and pay cash to purchase 100% of Lihao Qingneng's shares and raise supporting funds. At present, basic work such as audit and evaluation has been initially completed, and it has obtained a decision not to ban centralized antitrust review from the operator. Due to changes in the market environment in the photovoltaic industry, the parties to the transaction still have differences on the terms of the specific plan, and the company is unable to issue a notice to hold a shareholders' meeting before September 10, 2026. Following negotiations, the parties to the transaction will continue to advance the transaction. In the future, they will take the opportunity to meet the board of directors to re-lock the price of the issued shares and carry out the relevant approval and information disclosure procedures. This transaction still has risks such as plan adjustments, failure to pass approval, and continued loss of the subject matter.

Tongwei Co., Ltd. announced that the company plans to issue shares and pay cash to purchase 100% of Lihao Qingneng's shares and raise supporting funds. At present, basic work such as audit and evaluation has been initially completed, and it has obtained a decision not to ban centralized antitrust review from the operator. Due to changes in the market environment in the photovoltaic industry, the parties to the transaction still have differences on the terms of the specific plan, and the company is unable to issue a notice to hold a shareholders' meeting before September 10, 2026. Following negotiations, the parties to the transaction will continue to advance the transaction. In the future, they will take the opportunity to meet the board of directors to re-lock the price of the issued shares and carry out the relevant approval and information disclosure procedures. This transaction still has risks such as plan adjustments, failure to pass approval, and continued loss of the subject matter.