Jin Fang Energy Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Recently, the Company received a letter from CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities") regarding the replacement of the continuous supervision sponsor representative for the Company's initial public offering (IPO) project. The relevant situation is announced as follows: CITIC Securities, as the sponsor institution for the Company's IPO, has appointed Mr. Xu Xingwen and Mr. Yang Xuele as the sponsor representatives for the IPO.