Yuneng Holdings announced that since the wholly-owned subsidiary Lushan Yuneng Pumping Energy Storage Co., Ltd. was publicly listed and did not solicit qualified investors, the company plans to use its own capital to increase its capital by 340 million yuan in order to meet the project's construction capital requirements. After the capital increase is completed, Lushan's registered capital savings will increase from 960 million yuan to 1.3 billion yuan. The company still holds 100% of its shares, and the scope of the consolidated statement remains unchanged, which will not adversely affect the company's future financial situation and operating results. This capital increase does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration.

Yuneng Holdings announced that since the wholly-owned subsidiary Lushan Yuneng Pumping Energy Storage Co., Ltd. was publicly listed and did not solicit qualified investors, the company plans to use its own capital to increase its capital by 340 million yuan in order to meet the project's construction capital requirements. After the capital increase is completed, Lushan's registered capital savings will increase from 960 million yuan to 1.3 billion yuan. The company still holds 100% of its shares, and the scope of the consolidated statement remains unchanged, which will not adversely affect the company's future financial situation and operating results. This capital increase does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration.