Shengxin Lithium Energy: Intends to issue shares to specific objects, controlling shareholders and actual controllers remain unchanged.

Shengxin Lithium Energy announced that on October 31st, a board meeting was held to approve the proposal of issuing A shares to specific entities. The issuance will be made to Shengtun Group, Zhongchuang Innovation Aviation, and Huayou Holdings Group at a price of 17.06 yuan per share, with a total issuance of no more than 187,573,269 shares. Prior to the transaction, the controlling shareholder Yao Xiongjie and the concerted action parties held 22.77% of the shares; after the issuance is completed, it is expected to hold 24.89% of the shares, with Zhongchuang Innovation Aviation and Huayou Holdings Group holding 5.02% and 5.99% respectively. This issuance will not lead to a change in control rights, and the subscribed shares cannot be transferred within 36 months. The issuance is subject to approval from the shareholders' meeting, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission, and there is uncertainty.