Shengxin Lithium Energy: The company waives the preemptive right to subscribe for the capital increase and expansion of its wholly-owned subsidiary.

Shengxin Lithium Power announced that its wholly-owned subsidiary, Sichuan Zhiyuan Lithium Industry Co., Ltd., has introduced a new investor, Xingyin Financial Asset Investment Co., Ltd., through a capital increase and share expansion. Xingyin Investment has injected 500 million RMB into Zhiyuan Lithium Industry, with 208 million RMB going towards the paid-up capital and 292 million RMB into capital surplus. Following the capital increase, Zhiyuan Lithium Industry's registered capital has changed to 833 million RMB, with the company holding 75% of the shares and Xingyin Investment holding 25% of the shares. The company has waived its preemptive rights for this capital increase and share expansion.