RSM | Rongcheng Rongcheng Certified Public Accountants (Special General Partnership) Head Office: 10th Floor, Building 1, No. 22 Fuchengmenwai Avenue, Xicheng District, Beijing (100037) Tel: 010-6600 1391 FAX: 010-6600 1392 E-mail: bj@rsmchina.com.cn https://www.rsm.global/china/ Regarding Fujian Mindong Electric Power Group Co., Ltd.'s Special Explanation on Non-Operating Fund Occupation and Other Related Party Fund Transactions Rongcheng Special Letter [2026] 361Z0203
To all shareholders of Fujian Mindong Electric Power Group Co., Ltd.:
We were entrusted to audit the consolidated and parent company balance sheets of Fujian Mindong Electric Power Group Co., Ltd. (hereinafter referred to as Mindong Electric Power Company) as of December 31, 2025, the consolidated and parent company income statements, consolidated and parent company cash flow statements, and consolidated and parent company statements of changes in owners' equity for the year 2025, and the notes to the financial statements, in accordance with the Chinese Certified Public Accountants Auditing Standards. We issued an unqualified audit report with Rongcheng Audit Letter [2026] 361Z0259 on March 27, 2026.
In accordance with the requirements of the China Securities Regulatory Commission's "Guideline No. 8 for Supervision of Listed Companies – Supervision Requirements for Listed Companies' Fund Transactions and External Guarantees" and the provisions of the Shenzhen Stock Exchange's "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 – Business Handling," the management of Mindong Electric Power Company has prepared the attached Summary Table of Non-Operating Fund Occupation and Other Related Party Fund Transactions of Fujian Mindong Electric Power Group Co., Ltd. for 2025 (hereinafter referred to as the Summary Table). It is the responsibility of Mindong Electric Power Company's management to truthfully prepare and publicly disclose the Summary Table and ensure its authenticity, accuracy, and completeness.