Beiken Energy: Termination of issuing A shares to specific entities in 2025.

Beken Energy announced that the board of directors meeting held on June 15, 2026 approved the proposal to terminate the issuance of A shares to specific entities in 2025 and to sign related termination agreements. It was agreed to terminate the issuance of A shares to specific entities in 2025, to apply to the Shenzhen Stock Exchange to withdraw related application documents, and to sign a termination agreement with Mr. Chen Dong entitled "Beken Energy Holdings Group Limited's Termination Agreement for the Conditional Effective Stock Subscription Agreement for the Issuance of Shares to Specific Entities". Due to changes in the market environment, the company has decided to terminate the issuance of shares, change in control ownership, and management buyout transactions. The controlling shareholder and actual controller of the company remains Mr. Chen Pinggui.