According to Haohua Energy's announcement, the 25th meeting of the company's 7th board of directors reviewed and passed a bill agreeing to relinquish the preferential purchase right of 10% of the shares of the holding subsidiary Ordos Haohua Refining Coal Co., Ltd. held by Ordos State-owned Assets Investment Holding Group Co., Ltd. in judicial auctions. This relinquishment of priority purchasing rights will not cause changes in the company's shareholding ratio of Haohua Fine Coal and the scope of consolidated statements, nor will it have a significant impact on the company's financial and operating conditions.

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