Yunwei Group: Major asset restructuring work is actively progressing.

Yunwei Corporation announced that the company plans to purchase 100% equity of Yunnan Nengtou Honghe Power Generation Co., Ltd. through issuing shares and paying cash, which constitutes a related party transaction and a significant asset restructuring, and will not result in a change of the company's actual controller. The company's stock will be suspended from trading starting on December 9, 2024, and will resume trading on December 23. As of the disclosure date of the announcement, the company is actively progressing with the relevant work, however, the parties involved in the transaction have not yet signed a formal agreement, and necessary decision-making procedures need to be followed and regulatory approval obtained. The implementation of the transaction is subject to significant uncertainty.