CIMC Group announced that through its wholly-owned subsidiary CIMC Capital Holdings, the company plans to jointly establish the Shenzhen Yuanzhi CIMC Energy Storage New Energy Storage Industry Equity Fund with the Shenzhen Yuanzhi CIMC Energy Storage New Energy Storage Industry Equity Fund, with a fund subscription scale of 1 billion yuan, of which CIMC Capital Holdings plans to pledge 299 million yuan, accounting for 29.88%. This transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting. The fund mainly invests in the new energy storage industry and lasts for 8 years. The company has no control or significant influence on the fund, and is not included in the scope of the consolidated statement.

CIMC Group announced that through its wholly-owned subsidiary CIMC Capital Holdings, the company plans to jointly establish the Shenzhen Yuanzhi CIMC Energy Storage New Energy Storage Industry Equity Fund with the Shenzhen Yuanzhi CIMC Energy Storage New Energy Storage Industry Equity Fund, with a fund subscription scale of 1 billion yuan, of which CIMC Capital Holdings plans to pledge 299 million yuan, accounting for 29.88%. This transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors, and there is no need to submit it to the shareholders' meeting. The fund mainly invests in the new energy storage industry and lasts for 8 years. The company has no control or significant influence on the fund, and is not included in the scope of the consolidated statement.