Announcement on the Action Plan for "Improving Quality and Returns"

Securities Code: 002298 Securities Abbreviation: CDEK Electric Serial Number: 2026-010 Anhui CDEK Electric Co., Ltd. Announcement on the Action Plan for "Improving Quality and Returns" The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions. Anhui CDEK Electric Co., Ltd. (hereinafter referred to as the "Company"), in order to implement the spirit of the Political Bureau of the CPC Central Committee's meeting which proposed "to invigorate the capital market and boost investor confidence" and the State Council's executive meeting which proposed "to vigorously improve the quality and investment value of listed companies and take more forceful and effective measures to stabilize the market and confidence," and in active response to the Shenzhen Stock Exchange's "Improving Quality and Returns" special action initiative, has formulated the "Improving Quality and Returns" action plan to further promote the Company's high-quality development and enhance investment value. The plan is centered around focusing on the core business, cultivating new quality productive forces, green and sustainable development, and strengthening investor communication. The specific contents are as follows: I. Continuously Focus on the Core Business and Improve Operational Quality The Company closely follows the three major business development strategies: "Strengthening and expanding smart energy utilization, stabilizing and strengthening smart cities, and fully promoting the development of new energy businesses." In the smart energy utilization sector, the Company will further innovate marketing, deeply explore markets, identify marketing highlights, pain points, and challenges, and implement precise marketing; further innovate research and development to achieve product diversification; further innovate management to deeply tap potential and increase efficiency; strengthen refined management, strictly control contracts, and effectively manage project cost control; persist in vigorously managing accounts receivable and enhance risk awareness; fully leverage the application of Internet of Things and big data technologies to continuously promote digital, intelligent, and green low-carbon transformation, realizing smart products, smart production, and smart services supported by information technology and intelligent technology; further enhance manufacturing capabilities, improve the level of "intelligent manufacturing," further improve the manufacturing level of new power equipment, further improve and optimize the intelligent power energy management and control system, and enhance the overall strength of intelligent manufacturing; further seize the opportunity of the national "equipment renewal" strategy to increase the Company's market share and brand influence in equipment renewal, and fully promote the high-quality development of the smart energy utilization business. In the smart new energy sector, the Company will fully leverage its rich industry experience and technical advantages in power transmission and distribution, as well as over ten years of experience in new energy storage technology and market, to further explore markets and increase business orders. The Company will accelerate the research and development of new products, fully meet customer requirements, further deploy technologies and products related to "microgrid + light-storage-direct transmission," further improve the monitoring and operation and maintenance level of energy storage and photovoltaic power stations, and develop and build a cloud platform for monitoring and operation and maintenance of light-storage-charging. This will further refine management, improve profit margins, and be dedicated to providing customers with integrated turnkey solutions for energy storage, photovoltaic, light-storage-charging, wind-solar-storage, light-storage-direct transmission, and microgrids. These solutions can help users achieve peak shaving and valley filling, reduce electricity costs, ensure power supply during peak summer/winter periods, virtual power plant dispatch, demand-side response, and dynamic capacity expansion of transformers, enabling multi-energy complementarity and generating multiple value benefits such as carbon emission reduction, thus fully promoting the rapid development of the new energy business. In the smart city sector, the Company will fully leverage its core advantages in independent and controllable products, storage, and algorithms. By integrating resources, it will continuously accelerate the transformation of market and customer structure. It will strengthen marketing layout in key regions such as the Yangtze River Delta and the Pearl River Delta, and further shift its customer base towards smart parks and smart factories. The Company will further strengthen the collection of accounts receivable and make every effort to recover payments. It will precisely focus on product research and development, develop new products, expand new businesses, build new engines, activate new drivers, and occupy new high ground, thereby supporting and empowering sales. Furthermore, it will strengthen refined management, tap potential for efficiency, revitalize assets, and fully promote the steady development of the smart city business. II. Persist in Innovation-Driven Development and Promote High-Quality Growth The Company closely follows its three major business development strategies and further strengthens the implementation of the "Five Grasp" initiative: "Grasping strategy and products, grasping market and brand, grasping talent and corporate culture, grasping management and innovation, and grasping capital and market value." It adheres to down-to-earth and pragmatic work, establishes correct values, and closely follows and adheres to the principle of "profit-centered" in all its work. It strengthens the "fundamental point," identifies the leverage, targets the "point of effort," and truly achieves "clear strategy, defined goals, and practical measures," thereby effectively improving the Company's operational efficiency and management level, fully leveraging its soft power and enhancing its internal drive, stimulating vitality, and contributing to the Company's development with a "seizing" speed and a "competing" attitude. The Company fully promotes multi-dimensional innovation and is committed to building an "innovation factory." In terms of product and R&D innovation, the Company strengthens new product development capabilities, tracks cutting-edge industry technologies, implements a strategic plan of "producing one generation, researching one generation, and planning one generation," benchmarks against domestic and international leading enterprises, improves product quality and performance, and builds a "product factory." In terms of market and sales innovation, the Company expands its industry, regional, and overseas layout, utilizes platform thinking and market logic, strengthens the sales awareness of all employees, and enhances market development capabilities and product market share through precise marketing and methods such as "three transformations," "three borrowings," and "three seizures," combined with the optimization of "five batches" of resources. In terms of management innovation, the Company improves its governance structure, strengthens internal control and compliant operations, promotes refined management and cost control, and implements an innovation strategy of "going out and sinking down." Through incentive policies, the Company encourages employees to propose suggestions and make inventions, promoting the digital transformation of management information systems and continuously building an "innovation factory." In terms of cultural innovation, the Company builds a corporate culture that encourages innovation, inclusiveness, and diversity, stimulates employees' creativity and initiative, and fosters a positive and progressive team atmosphere, providing internal momentum for innovation. By integrating these measures, the Company systematically promotes multi-dimensional innovation in market, products, R&D, sales, and management, thereby strengthening its core competitiveness. III. Improve Corporate Governance and Strengthen Internal Control Systems The Company will strictly abide by the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Code of Corporate Governance for Listed Companies," and the "Stock Listing Rules of the Shenzhen Stock Exchange," and other laws, regulations, and normative documents. It will continuously improve its corporate governance structure with shareholders' meetings, the Board of Directors, and the management team as the core, ensuring clear responsibilities, effective checks and balances, and standardized operations. It will continuously optimize the composition and operational mechanisms of the Board of Directors and its special committees, optimize the responsibility system, and fully leverage the supervisory and advisory functions of independent directors. It will continuously improve and strictly implement the internal control system, further strengthen financial inspections and internal audits, further enhance internal control management, improve the standardized operation level of all subsidiaries, and promote the growth and strengthening of subsidiaries. It will adhere to the compliance bottom line, standardize information disclosure and investor relations management, ensure that corporate governance operates legally, regularly, and efficiently, and effectively protect the Company's value and investors' interests. IV. Enhance Return Level and Increase Investor Returns The Company has always attached great importance to providing reasonable investment returns to shareholders and adheres to the philosophy of "long-term, stable, and sustainable" shareholder returns. In the future, while balancing sustainable development, business expansion capital needs, and debt repayment capabilities, the Company will strive to establish and implement a stable and predictable cash dividend policy and enrich investment return methods to effectively enhance investors' sense of gain and happiness. The Company will coordinate the balance between performance growth, future development, and shareholder returns, strictly implement the "Articles of Association" and relevant regulatory provisions, and actively implement the "Three-Year (2024-2026) Shareholder Return Plan of Anhui CDEK Electric Co., Ltd." This plan clarifies the principles of profit distribution, methods of profit distribution, conditions for cash dividends, proportion of cash dividends, conditions for stock dividends, minimum proportion of stock dividends, decision-making procedures for profit distribution, and matters related to information disclosure of profit distribution. The Company will continue to strictly follow the relevant dividend policies and the requirements of the Company's shareholder return plan, and actively implement dividends when conditions are met. It will comprehensively consider various factors related to profit distribution and, from the perspective of achieving the Company's development strategy goals and investor returns, actively fulfill the Company's profit distribution policy, and share the Company's development achievements with all shareholders, striving to enhance the sense of gain for all investors. V. Strengthen Investor Communication and Actively Respond to Investor Demands The Company will continuously improve the quality and transparency of information disclosure and actively expand and deepen communication with investors. The Company will strictly adhere to the principles of "truthful, accurate, complete, timely, and fair" information disclosure, ensuring that all investors can obtain company information equally and conveniently. In terms of investor relations management, the Company will establish a diversified and regular communication mechanism. Through regular annual and interim performance briefings, organized on-site investor visits, investor hotlines, and timely responses to inquiries on the Shenzhen Stock Exchange's "Interactive Easy" platform and the Company's investor relations email, the Company will maintain close interaction with investors. VI. Further Deepen Capital Operations and Boost Industrial Upgrading The Company will adhere to a dual approach of "production and operation" and "capital operation." In accordance with the Company's development strategy of "accelerating the development of second and third growth curves," and focusing on the power industry chain, it will concentrate on the direction of new quality productive forces. By fully utilizing the platform of a listed company, it will actively explore and cultivate emerging businesses, thereby accelerating the Company's growth and strengthening. In the future, the Company will persist in innovation-driven development, continuously promote the upgrading of its core business and industrial transformation, improve its corporate governance system, effectively protect the legitimate rights and interests of all shareholders, continuously enhance the quality and transparency of information disclosure, diversify investor communication methods, improve the Company's core competitiveness and intrinsic value, and effectively achieve "improving quality and returns" to actively contribute to enhancing market confidence and promoting the stable and healthy development of the capital market. Hereby announced. Anhui CDEK Electric Co., Ltd. Board of Directors April 22, 2026