First Sailing New Energy: The total investment for the First Sailing energy storage system construction project is proposed to be adjusted from 2.101 billion yuan to 1.21 billion yuan.

First Navigation New Energy Announcement: The company held the sixteenth meeting of the second board of directors and the ninth meeting of the second board of supervisors on November 20, 2025, and approved the "Proposal on Adjusting the First Navigation Energy Storage System Construction Project". The company agrees to adjust the total investment amount, implementation content, and implementation progress of the "First Navigation Energy Storage System Construction Project". The total investment amount is proposed to be adjusted from 2.101 billion yuan to 1.21 billion yuan, and the project construction period is proposed to be adjusted from 24 months to 40 months. The project funds will still be entirely from the company's own funds or self-raised funds, and will not involve the use of funds raised from the company's initial public offering.