Haining Leather City: The new energy company plans to purchase equity in a total of 38 photovoltaic companies for 226 million yuan.

Haining Leather City announcement: The wholly-owned subsidiary of the company, Haining Leather City New Energy Development Co., Ltd., plans to purchase the equity of a total of 38 photovoltaic companies under Zhejiang Shengmao, Haining Juhui, and Haining Xinjie for 226 million yuan, and will sign the relevant equity transfer agreement in Haining, Zhejiang Province on August 11, 2026.