Haojiang Intelligent: Intends to acquire 53% equity of UTE Power for 59.36 million yuan.

Haojiang Intelligent Announcement: The company has signed the "Stock Purchase Agreement of Listed Company" with shareholders such as Mao Zhaoyang from UTE Power, intending to acquire 53% of UTE Power's equity for a provisional cash price of 59.36 million yuan. After the completion of this transaction, the company will hold 53% equity of UTE Power and include it in the consolidated financial statements. The funds for the transaction come from the company's own funds or legally raised funds. This transaction has been approved by the 22nd meeting of the third board of directors of the company and still needs to be submitted for approval by the company's shareholders meeting.