Mingli da: Termination of investment construction of Zhaoqing new energy key parts intelligent manufacturing project.

Minglida announcement, due to the increased uncertainty in the global economy in 2024 and 2025, as well as financial market turbulence and other factors, based on the company's analysis of the market environment and adjustments to its strategic development layout, in order to better integrate the company's existing resources, optimize resource allocation, and reduce investment risks, after negotiations and agreement between Minglida's subsidiary Zhaoping Minglida and the Zhaoping High-tech Zone Management Committee, it is proposed to terminate the implementation of the aforementioned new energy key components intelligent manufacturing phase I and phase II projects. Both parties agree to terminate the "Phase I Project Investment Contract" and "Phase II Project Investment Contract."