Wuhan Tianyuan Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Special Reminder:
- The Company's wholly-owned subsidiary, Tianyuan Energy Co., Ltd. (hereinafter referred to as "Tianyuan Energy"), intends to sign an "Investment Agreement" (hereinafter referred to as "the Investment Agreement") with the People's Government of Xiushui County, Jiujiang City, Jiangxi Province for the investment and construction of the "Independent Shared Energy Storage Power Station Project" (hereinafter referred to as "the Energy Storage Project"), with a total investment of 560 million yuan. All parties involved have the capacity to perform the contract; however, due to the large contract amount, there may be unpredictable or force majeure factors affecting the performance of the contract, such as industry policy adjustments and changes in the market environment. Investors are advised to pay attention to investment risks.
- The signing of the Investment Agreement does not involve related party transactions and does not constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies."
- This external investment has been approved by the Company's sixth board of directors at its twenty-sixth meeting.
I. Overview of External Investment
Tianyuan Energy and the People's Government of Xiushui County intend to sign the Investment Agreement based on the principles of equality, mutual benefit, and good faith regarding the investment and construction of the "Independent Shared Energy Storage Power Station Project." According to the Investment Agreement, the total investment for the project is 560 million yuan. The Company held its sixth board of directors' twenty-sixth meeting on March 10, 2026, to review and approve the proposal regarding the signing of the Investment Agreement for the energy storage project and external investment. According to the "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules" and the Company's Articles of Association, this matter does not require submission for shareholder meeting review. This external investment does not constitute a related party transaction nor a major asset restructuring as defined by the relevant regulations.
II. Basic Information of the Counterparty
- Name: People's Government of Xiushui County, Jiujiang City
- Relationship with the Company: The People's Government of Xiushui County is a national administrative agency and has no related party relationship with the Company. As of the date of this announcement, the People's Government of Xiushui County is not a dishonest executor.
III. Main Content of the Investment Agreement
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Parties to the Agreement
- Party A: People's Government of Xiushui County
- Party B: Tianyuan Energy Co., Ltd.
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Project Overview
- Project Name: Independent Shared Energy Storage Power Station Project.
- Project Content: Construction of a 200MW/400MWh independent electrochemical energy storage power station, including systems such as energy storage batteries (using lithium iron phosphate batteries), battery management systems (BMS), energy storage inverters (PCS), and other equipment and systems. The project will be constructed with a 10% overcapacity, consisting of 44 energy storage units with a single machine capacity of 5MW/2×5.015MWh (final design drawings will prevail).
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Investment Scale
- Total project investment: 560 million yuan
- Fixed asset investment: 400 million yuan