Anhui Yingli Electronic Technology Co., Ltd.
Announcement on Terminating Share Issuance and Cash Purchase of Assets, Raising Supporting Funds, and Withdrawing Application Documents
The Company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false representations, misleading statements, or material omissions.
Anhui Yingli Electronic Technology Co., Ltd. (hereinafter referred to as the "Company," "this Company," "the Listed Company," or "Yingli Shares") held the 17th meeting of the Third Board of Directors on June 9, 2026, and deliberated and approved the "Proposal on Terminating the Share Issuance and Cash Purchase of Assets and Raising Supporting Funds and Withdrawing Application Documents." The Company agreed to terminate the share issuance and cash purchase of assets and the raising of supporting funds, and to withdraw the application documents. The relevant situation is hereby announced as follows:
I. Basic Situation of This Transaction
The Listed Company intended to acquire 77.9385% of the shares of Shenzhen Youiteli Energy Co., Ltd. (hereinafter referred to as the "Target Company") held by Ji'an City Jinkai District Youiteli Investment Co., Ltd., Fei Weiqun, Shenzhen Juhe Hengda Investment Partnership (Limited Partnership), Shenzhen Juhe Nengda Investment Partnership (Limited Partnership), Shenzhen High-tech Venture Capital Co., Ltd., Guangdong Hongfu Xinghe Red Soil Venture Capital Fund Partnership (Limited Partnership), Li Yaguang, Ji'an City Jinkai District Juju Electronic Information Industry Fund Partnership (Limited Partnership), Shenzhen Talent Innovation and Entrepreneurship No. 2 Equity Investment Fund Partnership (Limited Partnership), Shenzhen High-tech Yihua Rongjun Equity Investment Partnership (Limited Partnership), Dai Lingmin, Shenzhen Capital Group Co., Ltd., Shenzhen Kebai Juli Enterprise Management Center (Limited Partnership), Shenzhen Jiafa No. 2 Venture Capital Partnership (Limited Partnership), Chen Junwei, Ding Yanni, Ma Jian, Wang Ping, and Shenzhen Xiaohe Venture Capital Partnership (Limited Partnership) (hereinafter collectively referred to as the "Counterparties") through cash payment (hereinafter referred to as "This Transaction").
According to the "Administrative Measures for Major Asset Reorganizations of Listed Companies" and other relevant laws and regulations, this transaction does not constitute a major asset reorganization. Upon completion of this transaction, the Target Company will become a subsidiary controlled by the Company. This transaction will not lead to a change in the controlling shareholder and actual controller of the Listed Company. This transaction does not constitute a related party transaction.
II. Relevant Work Done by the Company During the Period of Advancing This Transaction
During the planning and advancement of this transaction, the Company strictly followed the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange (hereinafter referred to as the "Shenzhen Stock Exchange") and organized relevant parties to actively carry out various tasks related to this transaction. The Company convened board meetings and shareholder meetings to deliberate and approve the proposals related to this transaction; engaged independent financial advisors, auditing institutions, appraisal institutions, and legal advisors, among other intermediary agencies, to conduct due diligence, audits, and appraisals on the Target Company; and the Company conducted multiple communications, consultations, and discussions with the transaction parties regarding the transaction plan. During the planning and advancement of this transaction, the Company promptly fulfilled its information disclosure obligations and fully alerted investors to investment risks. The main process of this transaction by the Company is as follows: