I. Overview of External Investment
To further deepen industrial synergy and leverage the capabilities and resource advantages of professional institutions, while moderately engaging in equity investments in emerging industries alongside its main business, Zhongshan Dayang Electric Co., Ltd. (hereinafter referred to as "the Company") signed a partnership agreement for the Qiongqing City Mu Zhi He Chuang Venture Capital Partnership (Limited Partnership) on February 3, 2026, with Shanghai Mu Hua Jin Yu Equity Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Mu Hua Jin Yu") and other limited partners. The target subscription scale of the Qiongqing City Mu Zhi He Chuang Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "the Partnership") is RMB 290 million, w