(connected to version B145)

(hereinafter referred to as the "Company") The term of office of the first board of directors and the first board of supervisors has expired, in accordance with the "Company Law", "Securities Law", "Shanghai Stock Exchange Science and Technology Innovation Board Stock Listing Rules" and "Sany Heavy Energy Co., Ltd. The Articles of Association of the Company Limited (hereinafter referred to as the" Articles of Association ") and other relevant regulations, the company's board of directors and board of supervisors plan to hold a general election. The second board of directors of the company will be composed of 7 directors, including 1 employee representative director, who will be elected by the company's employee representative assembly. The second board of supervisors of the company will be composed of 3 supervisors, including 1 employee representative supervisor, who will be elected by the company's employee representative assembly.

The company held the second employee representative meeting in 2023 on December 29, 2023, and elected Mr. Li Qiang as the employee representative director of the company's second board of directors, and Mr. Ma Yuming as the employee representative supervisor of the company's second board of supervisors (see the resume for details Attachment). The above-mentioned employee representative directors and employee representative supervisors meet the qualifications and conditions of directors and supervisors in the "Company Law", "Securities Law" and "Articles of Association" and other laws and regulations, and they will exercise their powers in accordance with relevant regulations.

The employee representative directors and employee representative supervisors will form the company's second board of directors and second board of supervisors together with the directors and supervisors elected by the company's first extraordinary general meeting of shareholders in 2024. The term of office is from the company's first extraordinary meeting in 2024. Three years from the date of approval of the general meeting of shareholders.

It is hereby announced.

Board of Directors of Sany Energy Co., Ltd.

3 January 2024

Attachments:

Resume of Mr. Li Qiang:

Male, born in September 1980, Chinese nationality, no permanent residency abroad, graduated from China University of Mining and Technology, majoring in mechanical engineering and automation, Zhejiang University, doctoral degree. From September 2008 to January 2012, he worked in General Electric (China) Global Research and Development Center Co., Ltd. as a R & D engineer; from April 2012 to June 2018, he worked in Guodian United Power Technology Co., Ltd. as the technology center Chief engineer; from September 2018 to September 2020, he served as the president and chief engineer of Sany Heavy Energy Research Institute; from September 2020 to August 2022, he served as the director, deputy general manager, chief engineer and president of Sany heavy energy research institute; since August 2022, he has served as director, general manager, chief engineer and director of the research institute of Sany Heavy Energy.

up to now, Mr. Li Qiang directly holds 8,896,500 shares of the company, holding about 6.52 of the company's 2022 employee stock ownership plan, about 2.92 of the company's 2023 employee stock ownership plan, and about 1.36 of the citic securities trinity energy employees participating in the sco board strategic placement no 3 collective asset management plan. Mr. Li Qiang has no relationship with the company's controlling shareholder, actual controller, shareholders holding more than 5% of the shares, other directors, supervisors and senior managers. There is no situation that the company is not allowed to serve as a director of the company as stipulated in the company law, and there is no situation that the CSRC has identified as a market ban and is still in the ban period, There is also no situation that the stock exchange has publicly determined that it is not suitable to serve as a director of a listed company, he has not been subject to administrative punishment by the China Securities Regulatory Commission and public condemnation or informed criticism by the stock exchange, has not been put on file for investigation by judicial organs for suspected crimes, or has not been put on file for investigation by the China Securities Regulatory Commission for suspected violations of laws and regulations, and is not a person who has been executed for breach of faith, and meets the requirements of the Company Law and other relevant laws, regulations and regulations.

Resume of Mr. Ma Yuming:

Male, born in June 1964, Chinese nationality, no permanent residence abroad, graduated from China Institute of Metrology, majoring in geometric metrology and testing, college degree, assistant engineer. From August 1984 to March 1995, he worked in Hunan Instrument and Meter General Factory (formerly Xiangxi Instrument and Meter General Factory) as a metrologist. From March 1995 to May 2016, he worked in the Quality Assurance Department of the Pumping Division of Sany Heavy Industry Co., Ltd. as an inspector and chief inspector. From June 2016 to now, he has served as Sany Energy Quality Engineer, Department Manager of Quality Assurance Department, Inspection Manager of Quality Assurance Department, Senior Quality Engineer and Senior Quality Assurance Department, he is also the acting quality assurance minister of Sany Beijing Intelligent Motor Co., Ltd., and has been the supervisor of Sany Heavy Energy since September 2020.

To date, Mr. Ma Yuming does not directly hold shares in the Company, holding approximately 0.41 percent of the Company's 2022 employee stock ownership plan and approximately 0.12 percent of the Company's 2023 employee stock ownership plan. Mr. Ma Yuming has no relationship with the company's controlling shareholder, actual controller, shareholders holding more than 5% of the shares, directors, other supervisors and senior managers. There is no situation that the company is not allowed to serve as a supervisor of the company as stipulated in the company law, and there is no situation that the CSRC has identified as a market ban and is still in the ban period, There is no situation that the stock exchange has publicly determined that it is not suitable to serve as a supervisor of a listed company, he has not been subject to administrative punishment by the China Securities Regulatory Commission and public condemnation or informed criticism by the stock exchange, has not been put on file for investigation by judicial organs for suspected crimes, or has not been put on file for investigation by the China Securities Regulatory Commission for suspected violations of laws and regulations, and is not a person who has been executed for breach of faith, and meets the requirements of the Company Law and other relevant laws, regulations and regulations.

securities code: 688349 securities abbreviation: trinity heavy energy announcement number: 2024-008

Trinity Energy Co., Ltd.

the company's board of directors and all directors to ensure that the contents of this announcement does not exist any false records, misleading statements or major omissions, and the authenticity, accuracy and completeness of the contents of the legal responsibility.

Important Note:

● This increase in the expected daily connected transactions for 2023 still needs to be submitted to the shareholders' meeting for consideration.

● The newly added related party transactions are the company's daily related party transactions, which are the needs of the company's daily business activities, are in line with the company's actual operating conditions, are carried out in accordance with the principles of fairness, justice, and openness, and follow the fair price as the pricing principle. The interests of the company and all shareholders, especially the interests of small and medium shareholders, will not affect the independence of the company, and will not form a greater dependence on related parties.

Basic information on 1. daily connected transactions

Review procedures (I) the performance of daily connected transactions

Sany Heavy Energy Co., Ltd. (hereinafter referred to as "Sany Heavy Energy" or "the Company") held the 51st meeting of the first board of directors and the 43rd meeting of the first board of supervisors on December 29, 2023. At the meeting, the "Proposal on Increasing the Forecast of Daily Related Party Transactions in 2023" was reviewed and approved. The estimated amount of daily related party transactions increased this time is RMB 419.0949 million, the associated directors, Mr. Zhou Fugui, Mr. Xiang Wenbo and Mr. Li Qiang, abstained from voting, and the non-associated directors present at the meeting unanimously agreed to the motion. This day-to-day related transactions are expected to be submitted to the shareholders' meeting for consideration.

the audit committee of the board of directors believes that the expected increase in related party transactions belongs to the company's daily related party transactions, is the need of the company's daily business activities, conforms to the company's actual operating conditions, is carried out in accordance with the principles of fairness, impartiality and openness, and follows the fair price as the pricing principle. there is no harm to the interests of the company and all shareholders, especially the interests of small and medium shareholders, and will not affect the independence of the company, there will be no greater dependence on related persons. It is agreed to increase the estimated amount of daily related party transactions in 2023 by 419.0949 million yuan according to the needs of the company's business operation, and to submit the matter to the board of directors of the company for deliberation.

The independent directors of the company have issued a clear prior approval opinion on the proposal. The independent directors believe that the company's increase in daily related party transactions in 2023 is expected to be based on the market principles of equality, mutual benefit, and equal compensation, and fair prices and transaction conditions. The rights and obligations of both parties are determined, and there is no behavior that harms the interests of the company and all shareholders. Therefore, we have approved the motion in advance and unanimously agreed to submit the motion to the board of directors for consideration.

The independent directors of the company have expressed their independent opinions on the proposal. The independent directors believe that the increase in the estimated amount of related party transactions is necessary for the daily operation of the company, conforms to the principles of openness, fairness and impartiality, does not damage the interests of the company, and has fulfilled the necessary deliberation procedures, comply with the "Company Law", "Shanghai Stock Exchange Science and Technology Board Stock Listing Rules" and the "Articles of Association" and other laws, regulations and regulatory documents. Therefore, we unanimously agree that the company will increase the estimated amount of daily connected transactions this time, and agree to submit this proposal to the general meeting of shareholders for consideration.

(II) the estimated amount and category of this daily connected transaction

Unit: ten thousand yuan

Note: 1. See the table above for details of the estimates and execution of previous daily related transactions.

2. the original estimated amount of the company in 2023 has been examined and approved by the 37th meeting of the first board of directors and the 29th meeting of the first board of supervisors held on December 20, 2022, and the fourth interim general meeting of shareholders held on December 30, 2022.

3. The cumulative amount of transactions with related parties from the beginning of this year to September 30, 2023 has not been audited.

Basic information of 2. related persons and related relationships

Basic information about (I) related persons

1. Sany Group Co., Ltd.

Enterprise nature: limited liability company (natural person investment or holding)

Legal Representative: Tang Xiuguo

registered capital: 322.88 million yuan RMB

Date of Establishment: October 18, 2000

Domicile: 3rd Floor, Sany Administrative Center, Sany Industrial City, Sany Road, Changsha Economic and Technological Development Zone

Business scope: investment in high-tech industry, automobile manufacturing industry, culture and education industry, new energy and Internet industry with its own legal assets (not to engage in equity investment, creditor's rights investment, short-term financial investment and to carry out entrusted asset management and other financial business facing specific objects, It is not allowed to engage in national financial supervision and financial credit business such as deposit absorption, fund-raising collection, entrusted loan, bill issuance and loan issuance); R & D, manufacturing, sales, leasing, maintenance and import and export of mechanical equipment and its parts; acquisition, maintenance, leasing and sales of second-hand equipment and other machinery and equipment; R & D, production, sales, technology promotion and transfer of building decoration materials, new road and bridge materials, gypsum, cement products and similar products, recycled building materials and new materials; building demolition (excluding blasting operations); architectural design; general contracting of housing construction engineering, municipal public engineering, urban infrastructure, civil engineering, railway, road, tunnel and bridge engineering; R & D, manufacturing and sales of building industrialization equipment and building prefabricated parts; construction and service of building big data platform; production and sales of speed increasing machines, electrical machinery and equipment (including explosion-proof type), motors, transformers, electrical drive systems and related equipment, electromechanical equipment, main control, pitch, converter control cabinets and ice freezers; production and sales of professional equipment for petroleum drilling and production, intelligent equipment, complete sets of petroleum fracturing equipment and petrochemical equipment; research, development and transfer of software and technology; technology, information, certification and consulting services; real estate development and operation; property management; industry and park development and operation; business management services; accommodation and catering services; performance brokerage; network performance business activities; operating value-added telecommunications services; information services in the second type of value-added telecommunications services; radio and television program production. (For projects subject to approval according to law, business activities can only be carried out after approval by relevant departments)

Key financial data for the most recent fiscal year: as of December 31, 2022,Total assets are 244,911.793 million yuan and net assets are 83,431.524 million yuan. In 2022, the operating income was 108,837.534 million yuan and the net profit was 4,948.064 million yuan. (The aforementioned financial data has been audited)

Actual controller: Mr. Liang Wengen

Affiliate: an enterprise controlled by the actual controller of the company.

2. Sany Heavy Equipment International Holdings Limited

Enterprise nature: limited liability company (wholly foreign-owned)

Chairman: Liang Zaizhong

Registered Capital: HK $0.5 billion

Date of Establishment: July 23, 2009

Registered Address: Cricket Square Hutchins Drive P.O.Box 2681 Grand Cayman KY1-111 Cayman Islands

Business scope: production and sales of heavy industrial equipment and mining machinery, coal mining machinery, general equipment, electromechanical equipment, metallurgical equipment, metal products, electronic products, explosion-proof electrical and explosion-proof diesel engines; procurement of raw and auxiliary materials, mechanical equipment, instruments and meters, spare parts and import business of related technologies required by the enterprise for production and scientific research. R & D, manufacturing, sales and after-sales service of new construction machinery products.

the main financial data of the latest fiscal year: as of December 31, 2022, the total assets were 24,953.269 million yuan and the net assets were 10,103.774 million yuan; the operating income in 2022 was 15,536.716 million yuan and the net profit was 1669.074 million yuan. (The aforementioned financial data has been reviewed)

Actual controller: Mr. Liang Wengen

Affiliate: an enterprise controlled by the actual controller of the company.

3. trinity construction technology co., ltd.

Enterprise nature: limited liability company (non-listed, natural person investment or holding)

Legal Representative: Tang Xiuguo

registered capital: 126.111112 million yuan RMB

Date of Establishment: June 17, 2016

Registered Address: Floor 1, Building 6, No.8 Beiqing Road, Huilongguan Town, Changping District, Beijing

business scope: general items: engineering and technical research and experimental development; Technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion; Software development; Data processing services; Sales of building materials; Sales of machinery and equipment; Import and export of technology; Import and export of goods; Import and export agency; Enterprise management consulting; Manufacturing of concrete structural components; Sales of concrete structural components; Project management services; information consulting services (excluding licensed information consulting services); information technology consulting services. (Except for projects subject to approval in accordance with the law, business activities shall be carried out independently with the business license in accordance with the law) Permitted projects: construction project construction; construction labor subcontracting; construction professional operations. (for projects subject to approval according to law, business activities can only be carried out after approval by relevant departments, and the specific business projects shall be subject to the approval documents or license certificates of relevant departments) (it is not allowed to engage in business activities of projects prohibited and restricted by national and municipal industrial policies.)

Financial data: Trinity Construction Technology Co., Ltd. is a non-public company and cannot provide financial data to the public.

Actual controller: Mr. Liang Wengen

Affiliate: an enterprise controlled by the actual controller of the company.

4. Delika Transmission Technology (Jiangsu) Co., Ltd.

Enterprise nature: limited liability company (non-listed, natural person investment or holding)

Legal Representative: Liu Jianguo

registered capital: 360 million yuan RMB

Date of Establishment: January 12, 2017

Registered address: No.67 Antai 1st Road, Xishan District, Wuxi City, Jiangsu Province

Business scope: R & D (including prototype manufacturing and testing), production and sales of wind power generation gearboxes, gearboxes and parts for wind power above 2.0 MW, and mechanical transmission equipment; product design, sales of mechanical equipment, goods Import and export, agency import and export, technology import and export; mechanical transmission equipment maintenance and technical services; new energy development. (For projects subject to approval according to law, business activities can only be carried out after approval by relevant departments)

Financial data: Delika Transmission Technology (Jiangsu) Co., Ltd. is a non-public company and cannot provide external financial data.

Related relationship: Mr. Li Qiang, director and general manager of the company, and Mr. Liao Xudong, deputy general manager, serve as directors of Delika Transmission Technology (Jiangsu) Co., Ltd.

5. Tree Root Interconnection Co., Ltd.

Enterprise Nature: Other Limited Companies (Unlisted)

Legal representative: Liang Zaizhong

registered capital: 360 million yuan RMB

Date of Establishment: June 16, 2016

registered address: floor 1-3, building 5, 190 huazhou road, Haizhu district, Guangzhou (office only)

business scope: software technology promotion services; computer information security product design; information system security services; computer technology transfer services; research and development of computer hardware; information technology consulting services; import and export of goods (except exclusively controlled commodities); computer And communication equipment leasing; computer and auxiliary equipment repair; communication system engineering services; commodity information consulting services; computer technology development and technical services; intelligent machine system technical services; research and development of network technology; software development; data processing and storage services; software services; technology import and export; software testing services; information system integration services; data processing and storage product design; computer network system engineering services; value-added telecommunications services (business types are subject to the contents specified in the "Value-added Telecommunications Business License")

Financial Data: Shugen Interconnection Co., Ltd. is a non-public company and cannot provide financial data to the public.

Actual controller: Liang Zhong

Affiliation: an enterprise controlled by a close relative of the actual controller of the company.

6. Guangzhou Yigongpin Technology Co., Ltd.

Enterprise nature: other limited liability company

Legal Representative: Wu Jian

registered capital: 50 million yuan RMB

Date of Establishment: 12 November 2019

registered address: room 201, room 301, room 401, room 501 and room 601, building 2, 190 huazhou road, Haizhu district, Guangzhou (office only)

business scope: information electronic technology services; information technology consulting services; computer spare parts wholesale; software wholesale; software retail; construction machinery and equipment leasing; electronic equipment engineering installation services; building air conditioning equipment, ventilation equipment system installation services; mechanical and electrical equipment installation services; lifting equipment installation services; special equipment installation (except elevators and boilers); metal products wholesale; Rubber products wholesale; retail of rubber products; Wholesale of lubricating oil; Retail of lubricating oil; Wholesale of wires and cables; Retail of switches, sockets, wiring boards, wires and cables, insulating materials; Wholesale of non-metallic minerals and products (except for national exclusive control); Wholesale of metal and metal mines (except for national exclusive control); Software services; Software development; Wholesale trade of commodities (except for licensed commodities); Internet commodity sales (except for licensed commodities); retail trade of commodities (except licensed commodities); Import and export of goods (except for exclusively controlled commodities); Wholesale of instruments and meters; Rental service of tools and manual equipment; Sales of general machinery and equipment; Retail of general machinery and equipment; Sales of electrical machinery and equipment; Retail of electrical equipment; Wholesale of electrical equipment; Wholesale of electrical equipment; Wholesale of electrical equipment; Wholesale of electronic products; Wholesale of cleaning products; Retail of electrical equipment; Wholesale of environmental protection equipment; Paint; Paint; hardware products wholesale; hardware retail; ventilation equipment sales; computer wholesale; computer retail; computer parts retail; office equipment wholesale; household appliances wholesale; machinery parts wholesale; labor protection products wholesale; cosmetics wholesale; cosmetics and sanitary products retail; cleaning, Cleaning daily necessities retail; sporting goods and equipment retail; daily lighting retail; box and bag retail; clothing wholesale; electronic product retail; shoe retail; cap retail; textiles and knitwear retail; toy retail; auto parts retail; office equipment consumables wholesale; photographic equipment wholesale; glass fiber reinforced plastic products wholesale; ceramic and glassware retail; metal decoration materials retail; wooden, plastic, leather daily necessities retail; artificial intelligence hardware sales; intelligent machine sales; kitchen equipment and kitchen supplies wholesale; baby products wholesale; stationery products wholesale; baby products retail; wholesale of sporting goods and equipment; Wholesale of food additives; Retail of department stores (except food retail); Wholesale of flower crops; Wholesale of fire fighting equipment and equipment; Retail of small ornaments and gifts; Wholesale of plastic products; Wholesale of gem ornaments; Retail of gem ornaments; Repair of special equipment; Wholesale of pearl ornaments; Retail of arts and crafts (except ivory and its products); Retail of other artificial jewelry and ornaments; Wholesale of glass fiber reinforced plastic materials; retailing of glass fiber reinforced plastic materials; value-added telecommunications services (business types are subject to the contents specified in the "Value-added Telecommunications Business License"); Type II value-added telecommunications services

Financial data: Guangzhou Yigongpin Technology Co., Ltd. is a non-public company and cannot provide financial data to the outside world.

Actual controller: Mr. Liang Zhongzhong

Affiliation: an enterprise controlled by a close relative of the actual controller of the company.

7. Hunan Automobile Manufacturing Co., Ltd.

Enterprise nature: limited liability company (Sino-foreign joint venture)

Legal representative: Liang Linhe

registered capital: 4 million yuan RMB

Date of Establishment: August 31, 1999

Registered Address: Baoqing Industrial Park, Shaoyang Avenue, Shuangqing District, Shaoyang City, Hunan Province

Business scope: engaged in automobile, automobile chassis, agricultural vehicles, automobile and agricultural vehicle spare parts manufacturing and sales. (For projects subject to approval according to law, business activities can only be carried out after approval by relevant departments)

Financial data: Hunan Automobile Manufacturing Co., Ltd. is a non-public company and cannot provide external financial data.

Related relationship: an enterprise in which the person acting in concert with the actual controller of the company serves as the chairman and general manager.

8. Jiangsu Sany Environmental Technology Co., Ltd.

Enterprise nature: limited liability company

Legal Representative: Peng Letao

registered capital: 50 million yuan RMB

Date of Establishment: March 26, 2019

registered address: room 6, 9999 chenghu road, kunshan development zone

scope of business: permitted items: municipal solid waste business services; urban construction waste disposal (removal); kitchen waste disposal; water conservancy project quality inspection; highway management and maintenance; road cargo transportation (excluding dangerous goods); construction projects (projects subject to approval according to law can only be carried out after approval by relevant departments, and specific business projects shall be subject to the approval results) general projects: technical service, technical development, technical consultation, technical exchange, technology transfer, technology promotion; environmental protection consulting service; environmental protection monitoring; landscaping project construction; urban park management; urban and rural city appearance management; municipal facilities management; urban greening management;Professional cleaning, cleaning and disinfection services; building cleaning services; environmental sanitation public facilities installation services; parking services; project management services; sewage treatment and recycling; sales of renewable resources; technical consultation on resource recycling services; new energy vehicles Waste power battery recycling and echelon utilization (excluding hazardous waste management); rural domestic waste business services; domestic waste treatment equipment manufacturing; domestic waste treatment equipment sales; manufacturing of special equipment for environmental protection; Sales of special equipment for environmental protection; Sales of new energy vehicle production and testing equipment; Import and export agents; Sales of new energy vehicle power exchange facilities; Dust removal technology and equipment manufacturing; Technology promotion and application services; New energy vehicle sales; Sales of new energy vehicle electrical accessories; Auto parts and accessories manufacturing; Environmental emergency technical equipment manufacturing; Charging pile sales; Centralized fast charging station; Electric vehicle charging infrastructure operation; manufacturing of power transmission and distribution and control equipment; leasing of mechanical equipment; solid waste treatment; sales of environmental emergency technical equipment; water environment pollution prevention and control services; air environment pollution prevention and control services; water pollution control; air pollution control; artificial intelligence mass entrepreneurship and innovation service platform (except for projects subject to approval according to law, independently carry out business activities according to law with business license)

Financial data: Jiangsu Sany Environmental Technology Co., Ltd. is a non-public company and cannot provide external financial data.

Affiliate: an enterprise controlled by the actual controller of the company.

(II) performance capacity analysis

The above-mentioned related persons exist and operate normally in accordance with the law, and have good performance capacity. The Company will sign relevant contracts or agreements with relevant parties for the above-mentioned transactions and execute them in strict accordance with the agreement, and the performance of both parties has legal protection.

Main contents of 3. daily connected transactions

Main contents of (I) related party transactions

the daily related party transactions expected to increase by the company this time mainly include selling commodities, materials, providing services to related parties, spending on infrastructure projects, transferring assets of related parties, purchasing commodities and materials of related parties, and accepting services provided by related parties. the transaction price shall follow the principle of fairness and be determined through negotiation in combination with market prices.

Signing of (II) Related Transaction Agreement

After the estimated amount of daily related party transactions has been deliberated and approved by the general meeting of shareholders, the company (and its subsidiaries) will sign specific transaction contracts or agreements with relevant related parties according to the business development.

the purpose of 4. daily related party transactions and the impact on the company

(I) the above-mentioned related transactions are necessary for the normal needs of the company's business development and production and operation, and belong to normal business, the above-mentioned related transactions are necessary.

(II) The above-mentioned related transactions follow the principles of openness, fairness and impartiality, and the pricing is fair and reasonable. There is no harm to the interests of the company and the company's shareholders, especially the small and medium shareholders, and will not affect the company's operation and independence.

(3) The company maintains a relatively stable cooperative relationship with the above-mentioned related parties. Under the stable development of the company's business, related transactions with the above-mentioned related parties will continue to exist. The Company does not rely on such related transactions for its main business or sources of revenue or profit, and the Company does not rely heavily on related persons.

5. the verification opinions of the sponsor

After verification, the company's sponsor CITIC Securities Co., Ltd. believes that:

The company's anticipated increase in daily related party transactions in 2023 has been reviewed and approved at the 51st meeting of the first board of directors and the 43rd meeting of the first board of supervisors. Related directors have avoided voting, and independent directors have already The proposal has issued prior approval opinions and clearly agreed independent opinions, which still need to be submitted to the general meeting of shareholders for deliberation, and related shareholders need to avoid voting. The Company's decision-making process regarding the increase in the expected matters of daily connected transactions in 2023 is in compliance with the relevant provisions of the Rules Governing the Listing of Stocks on the Science and Technology Board of the Shanghai Stock Exchange and the Articles of Association of the Company. The Company's increase in the expected matters of daily connected transactions for the year 2023 is required for the Company to carry out its daily business activities, and there is no harm to the interests of the Company and non-connected shareholders, which will not affect the independence of the Company, and the Company will not be materially dependent on related persons as a result of such connected transactions.

In summary, the sponsor has no objection to the company's expected increase in routine connected transactions in 2023.

It is hereby announced.

Board of Directors of Sany Energy Co., Ltd.

3 January 2024

Introduction to this edition