Asia Create Energy: Buyback securities account stocks frozen by judicial decision.

Yashi Energy announced that 7.49 million shares of stock held in the company's repurchase special securities account have been judicially frozen by the People's Court of Changshu City, Jiangsu Province, accounting for 94.77% of the shares held in the repurchase account and 1.75% of the company's total share capital. The reason for the freeze is a pre-litigation property preservation application made by Jiangsu Bade Fu Technology Development Co., Ltd. The company stated that this freeze will not result in a change in control of the company, will not have a significant impact on daily operations and management, but does carry the risk of being judicially auctioned or transferred.