State Grid Information: The company will transfer the equity held by its wholly-owned subsidiary Yili Technology in Yili Electric Power and Yirong Information to the company for free.

State Grid Xin Tong announced that it plans to transfer the 100% equity of Fujian Yili Power Technology Co., Ltd., held by its wholly-owned subsidiary State Grid Xin Tong Yili Technology Co., Ltd., and the 59.3% equity of Fujian Yirong Information Technology Co., Ltd. to the company for free. This equity transfer is within the scope of the company's consolidated financial statements and does not involve any cash payment. It will not result in changes to the company's consolidated financial statements or have any adverse impact on the company's future financial and operational conditions.