Ping'an Electrician: The results of the 2025 continuous supervision on-site inspection are good.

Ping An Electric announced that CITIC Securities conducted an on-site inspection of the company's operations from January 1, 2025, to December 31, 2025, on April 28-29, 2026. The inspection covered 8 aspects including corporate governance, internal controls, and information disclosure, and all inspection contents met the relevant requirements, such as the completeness and compliance of the company's articles of association and governance system, compliance in the use of raised funds, stable performance without major fluctuations, and full compliance by the company and shareholders with commitments. The sponsor recommended that the company continue to improve its governance structure, fulfill disclosure obligations, and use raised funds reasonably.