Announcement on Providing Guarantees for Subsidiaries

Securities Code: 300014

Securities Abbreviation: EVE Energy

Announcement No.: 2026-089

EVE Energy Co., Ltd.

Announcement on Providing Guarantees for Subsidiaries

The company and the board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Risk Warning:

The total amount of guarantees provided by EVE Energy Co., Ltd. (hereinafter referred to as the "Company") and its holding subsidiaries has exceeded 100% of the net assets as of the most recent audited period. Investors are kindly requested to pay attention to related risks.

On July 3, 2026, the Company held the 12th meeting of the 7th Board of Directors, which reviewed and approved the "Proposal on Providing Guarantees for Subsidiaries." The details are as follows:

I. Overview of Guarantees

1. Jingmen EVE Integrated Energy Services Co., Ltd. (hereinafter referred to as "Jingmen EVE Integrated Energy"), a subsidiary of the Company, intends to apply for a project loan of no more than RMB 215 million from the Wuhan Branch of Bohai Bank Co., Ltd., with a loan term not exceeding ten years. To support the subsidiary's business development, the Company intends to provide a joint liability guarantee for Jingmen EVE Integrated Energy.

2. Hubei EVE Power Co., Ltd. (hereinafter referred to as "EVE Power"), a subsidiary of the Company, intends to apply for a project loan of no more than RMB 900 million from the Huizhou Branch of China Merchants Bank Co., Ltd., with a loan term not exceeding five years; and intends to apply for a project loan of no more than RMB 300 million from the Wuhan Branch of China Minsheng Bank Co., Ltd., with a loan term not exceeding six years. To support the subsidiary's business development, the Company intends to provide a joint liability guarantee for EVE Power.

3. Huizhou EVE Power Battery Co., Ltd. (hereinafter referred to as "Huizhou EVE Power"), a subsidiary of the Company, intends to apply for a comprehensive credit line of no more than RMB 800 million from the Huizhou High-tech Zone Branch of Industrial and Commercial Bank of China, with a credit period of one year; intends to apply for a comprehensive credit line of no more than RMB 600 million from the Huizhou Branch of China CITIC Bank Co., Ltd., with a credit period of three years; intends to apply for a comprehensive credit line of no more than RMB 600 million from the Huizhou Branch of China Merchants Bank Co., Ltd., with a credit period of two years; intends to apply for a comprehensive credit line of no more than RMB 300 million from the Huizhou Branch of China Everbright Bank Co., Ltd., with a credit period of three years. To support the subsidiary's business development, the Company intends to provide a joint liability guarantee for Huizhou EVE Power.

4. EVE Asia Limited (hereinafter referred to as "EVE Asia"), a subsidiary of the Company, intends to apply for a comprehensive credit line of no more than RMB 600 million from the Huizhou Branch of China Merchants Bank Co., Ltd., with a credit period of two years; intends to apply for a comprehensive credit line of no more than RMB 400 million from the Shenzhen Branch of Bank of Beijing Co., Ltd., with a credit period of one year; intends to apply for a comprehensive credit line of no more than RMB 200 million from the Zhuhai Branch of Xiamen International Bank Co., Ltd., with a credit period of three years. To support the subsidiary's business development, the Company intends to provide a joint liability guarantee for EVE Asia.