Corin Electrical: Termination of issuing A shares to specific individuals in 2025.

Colin Electric announced that the company held its thirteenth meeting of the fifth board of directors on March 12, 2026, and decided to terminate the issuance of A shares to specific targets in 2025. They agreed to sign a Termination Agreement for the Conditional Effective Share Subscription Agreement with Shijiazhuang Hisense Energy Holdings Co., Ltd. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. Based on the authorization of the third extraordinary general meeting of shareholders in 2025, it is not necessary to submit it to the shareholders' meeting for approval. The signing of the agreement will not have a significant adverse impact on the company's daily production and operation, and there is no situation that harms the interests of shareholders.