Oriental Garden: Wholly-owned subsidiary plans to jointly invest with State Power Investment Corporation to establish an energy storage industry development company.

Oriental Garden announced that its fully-owned subsidiary, New Energy Enterprise Management Center, intends to sign an "Investment Cooperation Agreement" with State Energy Suning to jointly establish the target company, Oriental New Energy Storage Industry Development Co., Ltd. New Energy Enterprise Management Center plans to contribute 240 million yuan, holding a 60% stake, while State Energy Suning plans to contribute 160 million yuan, holding a 40% stake. The investment aims to integrate the strengths of both parties, seize the development opportunities in the energy storage industry, and enrich the company's new energy business layout. The source of funds is from its own funds, which will not have a negative impact on the company's financial condition and normal production and operation. However, the target company may face challenges in internal control, operation management, and other aspects during operation. Additionally, it may be affected by macroeconomic factors, industry policies, market competition, etc., leading to uncertainty in future operational benefits.