Shensanda A: Intends to publicly list and transfer 70% of its equity in Hebei Yutai.

Shenkanda A announced that, in order to further focus on its main responsibilities and core business, enhance the core competitiveness of the listed company, and achieve high-quality development goals, its subsidiary China Electronic System Technology Co., Ltd. plans to publicly list and transfer its 70% equity in Hebei Yutai Thermal Energy Technology Co., Ltd., with the initial listing transfer price not less than 2.53 billion yuan. After the transfer is completed, Hebei Yutai will no longer be included in the company's consolidated financial statements.