Mingyang Intelligent: The company has noticed relevant media reports and has not yet received an official response from the British government regarding the company's investment and factory construction plan.

Mingyang Intelligent announced in the morning of March 27 that, according to relevant media reports, the British government has vetoed the construction of the UK's first fully integrated wind turbine manufacturing base in Scotland by the company citing national security concerns. After paying attention to the relevant media reports, the company actively verified the situation. As of now, the company has not yet received a formal reply from the British government regarding the company's investment in the construction plan. The company will maintain ongoing communication with the British government on this issue and disclose any progress in a timely manner. As of the date of this announcement, the company has not yet invested funds in the above project; the investment plan involves a long construction period and a large amount of investment, and the impact on the company's profit cannot be accurately predicted. Risks such as increased construction costs and delayed construction progress may arise during the construction of the project.