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Yunnan Energy Investment Co., Ltd. Announcement on the Project of Yunnan Energy Investment Co., Ltd. to Invest in and Construct Yongning Wind Farm (Phase V)

Yunnan Energy Investment Co., Ltd.··4 pages

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Yunnan Energy Investment Co., Ltd. announces its board's approval to invest in the Yongning Wind Farm (Phase V) project by its wholly-owned subsidiary. The project has a capacity of 54MW and a total investment of RMB 264.65 million. This investment aims to strengthen the company's new energy business and contribute to national carbon goals.

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Full Translation

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Securities Code: 002053

Securities Abbreviation: Yunnan Energy Investment

Announcement No.: 2026-083

Yunnan Energy Investment Co., Ltd.

Announcement on the Project of Yunnan Energy Investment Co., Ltd. to Invest in and Construct Yongning Wind Farm (Phase V)

The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.

I. Project Overview

On July 16, 2026, the seventh extraordinary board meeting of Yunnan Energy Investment Co., Ltd. (hereinafter referred to as the "Company") deliberated and passed the "Proposal on the Project of Yunnan Energy Investment Co., Ltd. to Invest in and Construct Yongning Wind Farm (Phase V)". To seize strategic development opportunities and promote the strengthening, optimization, and expansion of the company's new energy business, it is agreed that Yunnan Energy Investment Co., Ltd. will invest in and construct the Yongning Wind Farm (Phase V) project. The project has an installed capacity of 54MW and a total investment of RMB 264.654 million. The project's capital is calculated at 20% of the total investment, with the remaining funds to be raised through bank loans and other debt financing methods.

This project investment does not constitute a related-party transaction, nor does it constitute a major asset restructuring as stipulated in the "Administrative Measures for Major Asset Restructuring of Listed Companies." It has been approved by the entity responsible for state-owned asset supervision. This investment matter is within the authority of the company's board of directors and does not require approval from the company's shareholders' meeting. The implementation of this project is subject to approval and relevant permits from government departments.

II. Basic Information of the Project Implementation Entity

Yunnan Energy Investment Co., Ltd. is a wholly-owned subsidiary of the company. Its basic information is as follows:

Name: Yunnan Energy Investment Co., Ltd.

Unified Social Credit Code: 91532628MA6NE2NG8X

Type: Limited Liability Company (Wholly Owned by a Legal Person Without Natural Person Investment or Control)

Legal Representative: Zhang Hengjia

Registered Capital: RMB 251 million (Note)

Note: The seventh extraordinary board meeting of the company in 2026 deliberated and passed the "Proposal on Increasing Capital for Wholly-Owned Subsidiary Yunnan Energy Investment Co., Ltd.". After this capital increase, the registered capital of Yunnan Energy Investment Co., Ltd. will increase from RMB 251 million to RMB 301 million.

Date of Establishment: September 20, 2018

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