Binhai Energy announced that in order to further support the company's business development, Xuyang Holdings, the controlling shareholder of the company, plans to increase the capital of the company's wholly-owned subsidiary, Xiangfu New Energy by 680 million yuan. After the capital increase is completed, the company's shareholding ratio will be changed to 63.3%, and Xuyang Holdings's shareholding ratio will be 36.7%. The company held a board of directors on January 5, 2026 to review and pass the relevant bill. The transaction still needs to be submitted to the shareholders' meeting for consideration. This transaction constitutes a related transaction and does not constitute a major asset restructuring.

Binhai Energy announced that in order to further support the company's business development, Xuyang Holdings, the controlling shareholder of the company, plans to increase the capital of the company's wholly-owned subsidiary, Xiangfu New Energy by 680 million yuan. After the capital increase is completed, the company's shareholding ratio will be changed to 63.3%, and Xuyang Holdings's shareholding ratio will be 36.7%. The company held a board of directors on January 5, 2026 to review and pass the relevant bill. The transaction still needs to be submitted to the shareholders' meeting for consideration. This transaction constitutes a related transaction and does not constitute a major asset restructuring.