New Energy: Wholly-owned subsidiary obtains investment project filing certificate.

Announcement from Lixin New Energy: Recently, the company's wholly-owned subsidiaries, Hetian Lixin Comprehensive Energy Co., Ltd., Minfeng County Lixin Comprehensive Energy Co., Ltd., and Pishan County Lixin Comprehensive Energy Co., Ltd., have each obtained the "Xinjiang Uygur Autonomous Region Investment Project Filing Certificate" issued by the Development and Reform Commission of Hetian Prefecture. The specific situations are as follows: 1. Lixin Hetian City 100MW/400MWh independent energy storage project, with a planned investment of 280 million yuan; 2. Lixin Minfeng County 200MW/800MWh independent energy storage project, with a planned investment of 530 million yuan; 3. Lixin Pishan County Phase II 200MW/800 MWh independent energy storage project, with a planned investment of 530 million yuan. The funding sources are from the company's own funds and bank loans. The above projects still need to go through the state-owned assets approval process, handle planning permits, land use permits, environmental impact assessments, and other related procedures. The investment matters of the projects still need to be submitted to the company's board of directors or shareholders' meeting for approval.