Heshun Electric announced that the counterparty in the “Material Procurement Contract” signed between the company and CRRC Zhixing on March 1, 2024 was changed. The 11-76 hydrogen fuel cell system in the original contract was changed to Sichuan CRRC Railway Investment Rail Transit Co., Ltd. placing orders and paying for the goods. The 1-10 sets will continue to be executed by CRRC Zhixing. This change will not result in a change in the total contract amount of 108 million yuan.

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