According to the announcement of Tianhe Solar Energy, the company plans to use 40 million yuan of its own capital to transfer the 3.2740.16 million shares of Changzhou Baijiashidai Film Technology Co., Ltd. held by Jiangsu Baixing Industrial Investment Group Co., Ltd., accounting for 1.6% of the total share capital of Baijiajia. This transaction constitutes a related transaction. Because Wu Weizhong, the surviving shareholder of the target company, is the younger brother of the spouse of Gao Jifan, the actual controller of the company, and is a joint investment with related parties. The transaction did not constitute a major asset restructuring, and there is no need to submit it to the shareholders' meeting for review. After the transaction is completed, the target company is not included in the scope of the consolidated statement, and there is still uncertainty about the conclusion of the transaction.

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