Guangxi Energy: Indirect controlling shareholder's equity structure is expected to change.

Guangxi Energy Announcement, July 28, 2025: The Guangxi Energy Group Limited received a notice from the indirect controlling shareholder Guangxi Investment Group Limited, informing them of a proposed change in the equity structure of Guangxi Investment Group. The State-owned Assets Supervision and Administration Commission of the Guangxi Zhuang Autonomous Region plans to transfer its 33% equity in Guangxi Investment Group to Guangxi State-controlled Capital Operation Group Co., Ltd. After this transfer is completed, the Autonomous Region State-owned Assets Supervision and Administration Commission will hold 67% of the shares in Guangxi Investment Group, while Guangxi State-controlled Capital Group will hold 33%. The actual controlling shareholder of Guangxi Investment Group remains unchanged. After the change, Guangxi Investment Group will still be an indirect controlling shareholder of the company, with the Autonomous Region State-owned Assets Supervision and Administration Commission remaining the actual controlling shareholder. The change will not have a significant impact on the company's governance structure and normal operations.