According to Shuangliang Energy's announcement, the company plans to increase the capital of its wholly-owned subsidiary, Jiangsu Shuangliang Energy Saving Investment Co., Ltd. by 1.0 billion yuan from its own capital to its wholly-owned subsidiary, Shuangliang Silicon Materials Co., Ltd. After the capital increase is completed, the registered capital of Silicon Materials will increase from 4.500 billion yuan to 5.50 billion yuan, and it will still be the company's wholly-owned subsidiary. The capital increase has been reviewed and approved by the 3rd board of directors of the 9th session of the company. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring. This capital increase is conducive to optimizing the balance and liability structure of silicon materials companies, enhancing its capital strength, and will not have a significant adverse impact on the company's financial situation and operating results.

According to Shuangliang Energy's announcement, the company plans to increase the capital of its wholly-owned subsidiary, Jiangsu Shuangliang Energy Saving Investment Co., Ltd. by 1.0 billion yuan from its own capital to its wholly-owned subsidiary, Shuangliang Silicon Materials Co., Ltd. After the capital increase is completed, the registered capital of Silicon Materials will increase from 4.500 billion yuan to 5.50 billion yuan, and it will still be the company's wholly-owned subsidiary. The capital increase has been reviewed and approved by the 3rd board of directors of the 9th session of the company. There is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a related transaction or major asset restructuring. This capital increase is conducive to optimizing the balance and liability structure of silicon materials companies, enhancing its capital strength, and will not have a significant adverse impact on the company's financial situation and operating results.