Shaangu Power announced that the company plans to purchase 36.06% of the total shares held by minority shareholders of Shaanxi Qinfeng Gas Co., Ltd. through the issuance of shares. This transaction constitutes a related transaction and does not constitute a major asset restructuring or restructuring listing. Trading of the company's shares was suspended from the opening of the market on June 29, 2026 due to plans to resume trading on July 13. As of the disclosure date of this announcement, the company and related parties are actively promoting all aspects of this transaction, and the board of directors will be convened again to review related matters after the relevant work is completed. The transaction still needs to be reviewed by the company's board of directors, shareholders' meeting and approved by the competent supervisory authority. There is uncertainty about whether and when it will be approved.

Shaangu Power announced that the company plans to purchase 36.06% of the total shares held by minority shareholders of Shaanxi Qinfeng Gas Co., Ltd. through the issuance of shares. This transaction constitutes a related transaction and does not constitute a major asset restructuring or restructuring listing. Trading of the company's shares was suspended from the opening of the market on June 29, 2026 due to plans to resume trading on July 13. As of the disclosure date of this announcement, the company and related parties are actively promoting all aspects of this transaction, and the board of directors will be convened again to review related matters after the relevant work is completed. The transaction still needs to be reviewed by the company's board of directors, shareholders' meeting and approved by the competent supervisory authority. There is uncertainty about whether and when it will be approved.