Changyuan Donggu: There is still uncertainty regarding the purchase of 100% equity of Kanghao Electric.

Chaungyuan Donggu released a notice of abnormal trading. The company's stock has deviated from the closing price for three consecutive trading days with a cumulative increase of more than 20%, which constitutes abnormal trading fluctuations according to the relevant provisions of the Shanghai Stock Exchange Trading Rules. The company intends to purchase 100% equity of Xiangyang Kanghao Mechanical and Electrical Engineering Co., Ltd. held by Hubei Xinyuan Power Technology Group Co., Ltd. by issuing shares and issuing shares to no more than 35 specific investors who meet the requirements to raise matching funds. The proposal related to this transaction. The audit, evaluation, and other work related to this transaction are not yet complete, and further review by the company's board of directors and approval by the company's shareholders' meeting are required. Approval, review, or consent of the competent regulatory authority is also needed before the transaction can be implemented. There is still uncertainty as to whether the transaction can be completed.