002310SZSE

Announcement on Unappropriated Losses Reaching One-Third of Paid-in Capital

✨ AI Summary

Beijing Oriental Ecology New Energy Co., Ltd. announces that its unappropriated losses have exceeded one-third of its paid-in capital as of December 31, 2025. This is primarily due to asset divestment and debt settlement from a completed restructuring in December 2024. The company is focusing on new energy businesses and has acquired new assets to improve profitability and financial structure.

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Stock Code: 002310 Stock Abbreviation: Oriental New Energy Announcement No.: 2026-028

Beijing Oriental Ecology New Energy Co., Ltd. Announcement on Unappropriated Losses Reaching One-Third of Paid-in Capital

The Company and all members of its Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false representations, misleading statements, or material omissions.

Beijing Oriental Ecology New Energy Co., Ltd. (hereinafter referred to as the "Company" or "this Company") at the 16th meeting of the Ninth Board of Directors held on April 29, 2026, deliberated and passed the "Proposal on Unappropriated Losses Reaching One-Third of Paid-in Capital." The relevant situation is hereby announced as follows:

I. Overview

According to the "Auditing Report of Beijing Oriental Ecology New Energy Co., Ltd." (Zhongxinghua Shen Zi (2026) No. 00010234) issued by Zhongxinghua Certified Public Accountants (Special General Partnership), as of December 31, 2025, the Company's undistributed profit in the consolidated financial statements was -8,955,942,709.46 yuan. The Company's unappropriated losses amounted to 8,955,942,709.46 yuan, and the Company's paid-in capital was 5,999,322,117 yuan. The amount of unappropriated losses exceeds one-third of the paid-in capital. In accordance with the "Company Law," "Articles of Association," and other regulations, this matter needs to be submitted to the Company's shareholders' meeting for deliberation.

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