Shennan Electric A: acquired 75% equity of Sichuan Ruinan for 18.3375 million RMB.

Announcement of ShenNan Electric A: The company or its holding subsidiary intends to acquire 75% equity of Sichuan Ruinan by assuming and repaying the debt of 18.335 million yuan owed by Shenzhen Ke Lu Electronic Technology Co., Ltd. to Sichuan Ruinan Electric Power Construction Engineering Co., Ltd. After the equity transfer is completed, ShenNan Electric A will hold 75% equity of Sichuan Ruinan, which will be included in ShenNan Electric A's consolidated financial statements. This transaction aims to enhance ShenNan Electric A's power engineering construction capabilities, improve its overall competitiveness in the new energy market, and gradually build a comprehensive energy service provider business model.