Asia Power Corporation: The holding shareholder's 12.5 million shares were auctioned off judicially, accounting for 2.92% of the total share capital.

Aisa Energy announced that the Hangzhou Shangcheng District People's Court auctioned 12.5 million unrestricted shares held by its controlling shareholder Chuangneng Ming on March 16-17, all of which were sold, accounting for 2.9165% of the company's total share capital. The buyer was Li Hongsheng, with a total transaction price of 59.15 million yuan. The final transaction shall be subject to the auction transaction ruling issued by the court, and subsequent procedures such as payment and transfer may involve uncertainties. If the transaction is completed, Chuangneng Ming's shareholding will decrease to 15.44%. The buyer is not allowed to sell within 6 months. This auction will not have a significant impact on the company's operations and controlling interests.