Longyuan Electric Power announced that Longyuan Electric Power Group Investment Co., Ltd., a wholly-owned subsidiary of the company, plans to acquire 100% of the shares of Puyang County Yuanjing New Energy Co., Ltd. held by the Beijing Xinyuan No.1 Equity Investment Fund Partnership through a non-public agreement transfer, and the target company will invest and operate the 100MW wind power project in Kunwu, Henan. This transaction constitutes a related transaction. It was reviewed and approved by the board of directors on August 27, 2026, and the two parties will sign the “Equity Transfer Agreement” no later than September 30, 2026.

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