Xinjiang Changzhou Energy Technology: A subsidiary has invested 167 million yuan to participate in the establishment of the Zhanxin Fund, and the establishment registration has been completed.

Announcement from Xinfineng Company: The company's wholly-owned subsidiary, Xinfineng Smart Energy Co., Ltd., intends to contribute 167 million yuan from its own funds to jointly establish Xuan Cheng An Yuan Zhan Xin Equity Investment Fund Partnership Enterprise with Anhui Anyuan Investment Fund Management Co., Ltd., Anhui Anyuan Investment Fund Co., Ltd., and Xuan Cheng City Industrial Development Investment Fund Co., Ltd., with a total fundraising scale of 1 billion yuan, mainly targeting strategic emerging industries. Recently, all parties have signed a partnership agreement, and the partnership enterprise has completed its establishment registration with the registration authority. It is currently in the fundraising stage and still needs to be filed with the China Securities Investment Fund Industry Association. Xinfineng Smart Energy, a wholly-owned subsidiary of the company, holds 16.6670% of the partnership shares in this partnership enterprise.