HXTL (01085) participated in the completion of the "Multi-Agent Collaborative Virtual Power Plant Dispatch Platform for New-Type Power Systems," which has been selected for the list of proposed First Prize award winners.

HXTL (01085) announced that, according to the recent public notice of the proposed awards for the China General Chamber of Commerce Service Industry Science and Technology Innovation Award, the "Multi-Agent Collaborative Virtual Power Plant Dispatch Platform for New-Type Power Systems" (the Project), in the completion of which the Group participated, has been selected for the list of proposed First Prize award winners. According to the above list, the several completion units of the Project include the Group's principal subsidiary Xinke Xin (Suzhou) Technology Co., Ltd. (Xinke Xin), as well as Nanjing Zhangyu Information Technology Co., Ltd., Shanghai Zhangyu Information Technology Co., Ltd., and Shanghai Hengyao Zhongguang New Energy Technology Co., Ltd. (formerly known as "Zhejiang Zhongguang New Energy Technology Co., Ltd."). Xinke Xin is an indirect wholly-owned subsidiary of the Company and ranks first on the list of completion units of the Project. Mr. Peng Yinan, an executive director of the Company, ranks first on the list of completion personnel of the Project. The China General Chamber of Commerce Service Industry Science and Technology Innovation Award was established by the China General Chamber of Commerce to recognize units and individuals that have made contributions in the service industry in areas such as scientific research, technological development, and the transformation and application of scientific and technological achievements. The Project focuses on the collaborative dispatch of virtual power plants under new-type power systems and aims to use multi-agent collaboration technology to support the collaborative management and dispatch optimization of energy resources. The Board believes that the Project's selection for the list of proposed First Prize award winners reflects the Group's R&D progress in the integration of artificial intelligence and energy technology. The Group will, leveraging its technical and application experience in new energy and digital technology businesses, continue to promote the application of relevant technologies in scenarios such as energy management, energy storage collaboration, and virtual power plants, and enhance its integrated energy service capabilities. As of the date of this announcement, the Project is still at the stage of public notice of proposed awards, and the final award results shall be subject to the official announcement by the organizer. The Project's selection for the list of proposed award winners does not represent any new orders or revenue commitments, nor will it have an immediate material impact on the Group's business or financial condition.