Zhaohong Stock: Disclosure of the plan to issue shares to specific targets.

Zhaoxin Corporation Announcement: The company plans to issue Renminbi ordinary shares to specific investors through a simplified procedure. The proposal for this stock issuance has been approved by the 17th meeting of the 7th Board of Directors of the company. The "2026 Proposal for the Issuance of Stocks to Specific Investors through a Simplified Procedure by Shenzhen Zhaoxin Energy Co., Ltd." prepared by the Board of Directors was disclosed on the designated information disclosure website of the China Securities Regulatory Commission, Juchao Information Network, on June 11, 2026. Investors are kindly advised to pay attention and review it.