Shaanxi Guodong Power Co., Ltd.: Plans to issue shares to purchase 36.06% equity of Qinfeng Gas. Stock will continue to be suspended.

Shaanxi Guodong Power announced that the company is planning to purchase 36.06% equity of Shaanxi Qinfeng Gas Co., Ltd. held by minority shareholders through the issuance of shares. This transaction constitutes a related party transaction, is expected not to constitute a major asset restructuring, and will not result in a change of controlling shareholder. The company's stock has been suspended since June 29th, and as of the disclosure date of this announcement, the relevant work is still in progress. Due to uncertainties in the matter, the stock will continue to be suspended. The company will disclose developments in a timely manner and apply for resumption of trading as soon as possible.