Asia Energy Creation's subsidiary is involved in a bill dispute, with multiple lawsuits totaling over a billion dollars.

Yashi Power Technology Co., Ltd. announces the litigation and arbitration situation. The People's Court of Qingpu District, Shanghai has accepted the case of Zhongtiancheng Energy Technology Co., Ltd. suing the company's holding subsidiary Yashi Supply Chain Management Co., Ltd. for a bill dispute involving a total amount of RMB 101,835.37 and interest. The case has not yet been heard, and the impact on the company's profits is uncertain. From the date of the previous announcement to the disclosure date of this announcement, the total amount involved in new lawsuits by the company and its subsidiaries is RMB 136,304,630.14. Some cases have been settled through mediation, but the court mediation documents have not been received. The company will handle and disclose the accounting treatment according to the progress in the future, and remind investors to pay attention to risks.