• China Risun shareholders will vote November 19, 2026, on a RMB 506.94 million capital injection into Xiangfu New Energy.
• The injection would increase the group's aggregate equity interest in Xiangfu New Energy from approximately 63.3% to 70.14%.
• Shareholders will also consider raising annual project services caps for 2026 and 2027 from RMB 500 million to RMB 1.1 billion.
• Annual integrated procurement caps would rise from RMB 400 million to RMB 600 million for each year.
• The board and independent board committee recommend voting in favor of all three proposals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Risun Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261029-12388257), on October 29, 2026, and is solely responsible for the information contained therein.