Tianhe Solar Energy intends to acquire a 2.07% stake in its subsidiary Tianhe Fuxing for 262 million yuan.

Tianhe Solar announced that the company intends to acquire the employee stock platform of its controlling subsidiary Tianhe Fujia Energy Co., Ltd., including Chang Xin Fuguijia, Zhongxiang Jingce, Fuqin Hui, Fuhui Sheng, Fukemei, and Fujia Sheng, who hold 2.07% of the shares of Tianhe Fujia. The total acquisition amount is 2.62 billion yuan. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. The transaction has been approved by the 29th meeting of the Third Board of Directors, the 14th meeting of the Third Supervisory Board, and has been approved by a special meeting of independent directors, without the need for a shareholders' meeting. The ownership of the subject of the transaction is clear, there are no mortgages, pledges, or any other restrictions on transfer, no lawsuits, arbitration matters, or judicial measures such as seizure or freezing, and there are no other circumstances that hinder the transfer of ownership.