Delong Energy: plans to establish a wholly-owned subsidiary with a capital investment of 50 million to 100 million yuan using its own funds.

DeLong Energy Announcement: The company held a board meeting on December 22, 2025 and approved the proposal of "Establishing a Wholly-Owned Subsidiary through External Investment". According to strategic planning and business layout needs, the company plans to invest 50 to 100 million yuan of its own funds to establish the wholly-owned subsidiary Shenzhen Dayouxinlian Investment Co., Ltd. This investment does not require shareholder approval, does not constitute a related party transaction, and does not constitute a major asset restructuring.