Yuneng Holdings: abandoning investment and acquisition opportunities in competing projects in distributed photovoltaics, user-side energy storage, and charging piles.

Yuneng Holdings announcement, the company has decided to abandon the investment and construction of incremental distributed photovoltaic, user-side energy storage, and charging pile projects, and cautiously promote existing projects under construction based on actual conditions. This decision is in line with the company's future transformation and development plan, focusing on the large-scale development of new energy as the main track. It will not have a significant impact on the company's financial condition and operating results.