China Electric Power Research Institute: China National Machinery Finance has received the administrative penalty decision and completed risk disposal.

China Electric Power Research Institute announced that China National Machinery Finance was fined 400,000 yuan by the Beijing Bureau of the National Financial Regulatory Administration for inaccurate risk classification of individual loans, which did not accurately reflect asset quality. Relevant departmental personnel were given a warning. After launching risk disposal procedures, China National Machinery Finance will pay the full fine on time and complete related rectifications. This administrative penalty will not have a significant impact on the daily operations of China National Machinery Finance and the financial services it provides to the company, nor will it adversely affect the company's daily production, operations, and related deposit and loan businesses.