Simplified Equity Change Report of Northeast Electric Development Co., Ltd.

1. Statement of Information Disclosure Obligation

1. The information disclosure obligor has prepared this report in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Measures for the Administration of the Acquisition of Listed Companies, and other relevant laws and regulations.
2. The information disclosure obligor has obtained the necessary authorization and approval to sign this report, and its execution does not violate any provisions of the articles of association or internal rules of the information disclosure obligor.
3. According to the Company Law, Securities Law, and Measures for the Administration of the Acquisition of Listed Companies, this report fully discloses the changes in equity held by the information disclosure obligor in Northeast Electric Development Co., Ltd. As of the date of signing this report, the information disclosure obligor has not increased or decreased its equity holdings in Northeast Electric Development Co., Ltd. through any other means, except for the information disclosed in this report.
4. This equity change is based on the information contained in this report. The information disclosure obligor has not entrusted or authorized any other person to provide information not listed in this report or to make any explanations or statements regarding this report.
5. The information disclosure obligor commits that this report does not contain false records, misleading statements, or major omissions, and assumes individual and joint legal responsibility for its authenticity, accuracy, and completeness.

2. Table of Contents

1. Statement of Information Disclosure Obligation
2. Definition
3. Introduction of the Information Disclosure Obligor
4. Purpose of Equity Change
5. Method of Equity Change
6. Trading of Company Shares in the Last Six Months
7. Other Significant Matters
8. Documents for Reference

3. Definition

In this report, unless otherwise specified, the following definitions apply:

• *ST Dongdian, Company, Listed Company refers to Northeast Electric Development Co., Ltd.
• Information Disclosure Obligor, HNA Tourism refers to HNA Tourism Group Co., Ltd.
• HNA Industry refers to HNA Industry Group Co., Ltd.
• Report, This Report refers to the "Simplified Equity Change Report of Northeast Electric Development Co., Ltd."
• This Equity Change refers to the reduction of equity held indirectly by the information disclosure obligor in the listed company due to the execution of the restructuring plan approved by the Hainan High Court by HNA Group Co., Ltd. and 321 other companies.
• Restructuring Plan refers to the "Restructuring Plan of the Substantive Merger and Reorganization Case of HNA Group Co., Ltd. and 321 Other Companies."
• CSRC refers to the China Securities Regulatory Commission.
• SZSE refers to the Shenzhen Stock Exchange.
• Hainan High Court refers to the Hainan Provincial High People's Court.
• Yuan, Ten Thousand refers to Renminbi Yuan, Ten Thousand.