Yidian Stock Co., Ltd.: Subsidiary plans to invest 37.825 million yuan to participate in the establishment of a new logistics company.

State Grid Corporation announced that, in order to build a green methanol industry chain and solve the storage and transportation issues of green hydrogen energy products in the Northeast region, its subsidiary China Power Investment Future plans to invest in the establishment of Dalian COSCO Shipping New Energy Storage and Logistics Co., Ltd, with a registered capital of RMB 378 million. China Power Investment Future plans to contribute RMB 37.825 million as the 10% shareholder, using its own funds. The board of directors approved the proposal on November 13, 2025, and the investment does not constitute a major asset restructuring or related party transaction. There is a risk that the partners may not contribute funds proportionally, so the company has developed contingency measures.