I. Overview of External Investment
To further deepen industrial synergy and leverage the capabilities and resource advantages of professional institutions, while maintaining a focus on the main business, Zhongshan Dayang Electric Co., Ltd. (hereinafter referred to as "the Company") signed a partnership agreement for the Jiaxing Shanghe Hualong Equity Investment Partnership (Limited Partnership) with Beijing Shanghe Dongliang Private Fund Management Co., Ltd. (hereinafter referred to as "Shanghe Dongliang") and other limited partners on February 5, 2026. The target subscription scale of the Jiaxing Shanghe Hualong Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "the Partnership") is RMB 177.01 mil