Double board God Horse Power: currently planning to invest in setting up factories in Vietnam and Romania, the specific investment scale is yet to be determined.

Shenma Power announced a change notice. As of now, the company mainly engages in the research and development, production, and sales of products such as composite external insulation for power system substations, composite external insulation for transmission and distribution lines, and rubber sealing components. There have been no significant changes in the company's main business and production operations. The company's production and operations are running normally with normal internal order. The business fundamentals and main business structure have not undergone significant changes, and there have been no significant changes in the internal and external operating environment. The company is planning to invest in the construction of factories in Vietnam and Romania. The specific investment scale is yet to be determined, and the company will convene a board of directors meeting to review the relevant proposals as soon as possible.