Amendment to the Articles of Association of the Company
In view of the decision by the Shenzhen Stock Exchange on July 5, 2024, to terminate the listing of the shares of Baoli New Energy Technology Co., Ltd. (hereinafter referred to as "the Company"), the Company intends to amend certain provisions of its Articles of Association to regulate its operations and ensure compliance and effectiveness. The Company will continue stable operations to protect the interests of small and medium investors before officially transitioning to the National Equities Exchange and Quotations (NEEQ) system. Apart from the amendments described below, other provisions of the Articles of Association mainly adjust expressions according to the Company Law, such as changing "shareholders' meeting" to "shareholders' assembly." The amendments to the Articles of Association need to be submitted for review at the shareholders' meeting and will be formally implemented after approval by the shareholders' meeting and deregistration by the market supervision and management department. The main amendments are as follows: