Yellow River whirlwind: Some shares owned by shareholders with more than 5% holdings were continued to be frozen by the judiciary.

The Yellow River Tornado announcement stated that the shareholder Yellow River Group, holding more than 5% of the company's shares, holds 127,218,761 shares, accounting for 8.82% of the total share capital. The accumulated judicially marked and pending frozen shares held by the Yellow River Group account for 100% of its holding, representing 8.82% of the total share capital. Recently, due to a dispute in bill business with Nantong Pengcan New Energy Technology Co., Ltd., the People's Court of Haian City, Jiangsu Province judicially marked 84,940,000 shares, with a debt amount and execution cost of 5 million yuan. As of the disclosure date of the announcement, the accumulated judicially marked shares account for 98.70% of its holding, representing 8.71% of the company's total share capital. This matter does not affect the company's control rights and daily operations.