CENTRAL NEW EGY (01735) subsidiary, Zhonghuan Low Carbon, was invited to participate in the 7th China International Photovoltaic and Energy Storage Industry Conference and received multiple honors.

The 7th China International Photovoltaic and Energy Storage Industry Conference was held grandly at the Chengdu Century City New International Convention and Exhibition Center from November 17th to 20th, 2024. Chen Changzhi, Vice Chairman of the 11th and 12th National People's Congress Standing Committee and former Chairman of the Central Committee of China Democratic National Construction Association, attended the conference and announced the opening. Li Wenqing, Vice Governor of Sichuan Province, and Wang Fengchao, Deputy Secretary of the Chengdu Municipal Party Committee and Mayor, also attended the conference and delivered speeches. Important leaders, global authoritative experts and scholars in the photovoltaic and energy storage industry, leading entrepreneurs, and representatives of photovoltaic and energy storage companies gathered together, pooling wisdom and efforts to continue to support the world's green and sustainable development. Central New EGY Holdings Group Limited (01735) subsidiary Zhonghuan Low Carbon (Anhui) New Energy Photovoltaic Technology Co., Ltd. (referred to as "Zhonghuan Low Carbon") won the "Sun God Global Photovoltaic and Energy StorageChina Business Card2024 Excellent Solar Cell Enterprise" and the "China Energy Storage Innovation Technology Achievement Award" for its achievements and innovative results in the field of photovoltaics. Dr. Liu Zhifeng, General Manager of Zhonghuan Low Carbon, was invited to attend the event and share insights. As a grand event in the photovoltaic energy storage industry, the 7th China International Photovoltaic and Energy Storage Industry Conference with the theme "New Era of Photovoltaic Energy Storage, New Journey of Dual Carbon" attracted many international guests, heavyweight leaders, academicians, industry representatives, and enterprise representatives to discuss the development trends and future directions of the photovoltaic and energy storage industry. During the roundtable discussion on "Global Photovoltaic and Energy Storage Technology Innovation and Trends Development," Dr. Liu Zhifeng, General Manager of Zhonghuan Low Carbon, shared insights on the impact and rationale behind carbon tariffs on the photovoltaic industry and the importance of ESG development strategies for companies. Dr. Liu Zhifeng pointed out that ESG not only represents the current trend of society but is also a key methodology for companies to achieve high-quality sustainable development. He introduced that Central New EGY Holdings Group attaches great importance to practicing ESG concepts in multiple dimensions in the company's development. In terms of social responsibility and public welfare participation, under the leadership of Chairman Yu Zhuyun, the company allocates 3% of profits for charity every year, donating more than 90 million yuan to date; in terms of technological innovation and energy conservation and emission reduction, the company actively promotes green production and technological innovation, reducing the production energy consumption of TOPCon cells to below 40 million kWh per GW; at the same time, the company focuses on green solutions and continues to fulfill its commitment to sustainable development, laying out low-carbon industrial parks in Huainan, Anhui, Nantong, Jiangsu, and Damaoqi, Inner Mongolia, relying on the core technological advantages of source, network, load, and storage integration, empowering energy structure innovation and industrial upgrading. This conference showcased the latest developments in global photovoltaic and energy storage technology from multiple angles and honored enterprises that have made outstanding contributions in the industry. Zhonghuan Low Carbon was awarded the "Sun God Global Photovoltaic and Energy StorageChina Business Card2024 Excellent Solar Cell Enterprise" and the "China Energy Storage Innovation Technology Achievement Award" at the conference. In the future, Central New EGY Holdings Group will steadfastly develop new productive forces, focus on technological innovation, market expansion, and optimization of the industrial chain, explore the path of low-carbon transformation together with all parties, and make greater contributions to promoting global energy transformation and economic and social development.