Shuangxin Environmental Protection: The number of shares issued this time is 287 million shares, with an issue price of 6.85 yuan per share.

Shuangxin Environmental Protection Announcement: The number of shares issued this time is 287 million, accounting for approximately 25.02% of the total shares issued after the offering. The issue price this time is 6.85 yuan per share, corresponding to a price-earnings ratio of 16.19 times, lower than the average static price-earnings ratio of 28.75 times of the same industry recently released by China Securities Index Co., Ltd. and the average static price-earnings ratio of 26.62 times of the same industry comparable listed companies after deducting non-recurring gains and losses.