Zhiguang Electric: Controlled subsidiary signs a 114 million yuan energy storage system equipment sales contract

Zhiguang Electric announced that its controlled subsidiary, Guangzhou Zhiguang Energy Storage Technology Co., Ltd., recently signed a "Contract for the Purchase and Sale of Energy Storage System Equipment for a Smart Shared Independent Energy Storage Power Station Project in a Certain County" with a certain company, with a total contract amount of RMB 114 million. The buyer will purchase complete sets of energy storage system equipment from Zhiguang Energy Storage. Information such as the name of the counterparty and the specific project is exempt from disclosure due to confidentiality requirements. The contract involves the company's main business. If performed smoothly, it is expected to have a positive impact on the company's operating performance for the current year and future years; the performance of the contract is subject to risks such as fluctuations in product costs caused by changes in raw material prices, uncertainty of future returns, and inability to fully perform the contract.