Longyuan Electric Power announced that the company plans to acquire 49% of its shares in Guangdong Guoneng Longyuan New Energy Co., Ltd. from the controlling shareholder National Energy Group through a non-disclosure agreement. The transaction price is RMB 18.63286.25 million. The final price does not exceed the assessed value registered by the State-owned Assets Supervisory Authority. The two parties will sign the “Equity Transfer Agreement” no later than November 30, 2026. This transaction constitutes a related transaction. It has been reviewed and approved by the board of directors of the company. There is no need to submit it to the shareholders' meeting for review, and it does not constitute a major asset restructuring. After the acquisition is completed, Guangdong Longyuan Company will become a wholly-owned subsidiary of the company.

Longyuan Electric Power announced that the company plans to acquire 49% of its shares in Guangdong Guoneng Longyuan New Energy Co., Ltd. from the controlling shareholder National Energy Group through a non-disclosure agreement. The transaction price is RMB 18.63286.25 million. The final price does not exceed the assessed value registered by the State-owned Assets Supervisory Authority. The two parties will sign the “Equity Transfer Agreement” no later than November 30, 2026. This transaction constitutes a related transaction. It has been reviewed and approved by the board of directors of the company. There is no need to submit it to the shareholders' meeting for review, and it does not constitute a major asset restructuring. After the acquisition is completed, Guangdong Longyuan Company will become a wholly-owned subsidiary of the company.