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stock code: 688819 stock abbreviation: tiineng stock announcement number: 2024-019

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:

● Proposed accounting firm: Zhonghui Certified Public Accountants (Special General Partnership)

tiineng battery group co., ltd. (hereinafter referred to as "the company") deliberated and passed the proposal on renewing the 2024 audit institution at the 16th meeting of the second board of directors and the 13th meeting of the second board of supervisors held on March 28, 2024. the company plans to re-appoint Zhonghui accounting firm (special general partnership) (hereinafter referred to as "Zhonghui") as the company's 2024 financial report and internal control audit institution. The relevant matters are hereby announced as follows:

Basic information about the accounting firm to be appointed by the 1.

(I) agency information

1. Basic information

Zhonghui was founded in 1992 and transformed into a special general partnership in December 2013. Its management headquarters is located in Hangzhou. It is one of the accounting firms with securities and futures business qualifications and has been engaged in securities service business for a long time.

Name of accounting firm: Zhonghui Certified Public Accountants (Special General Partnership)

Date of Establishment: December 19, 2013

Form of Organization: Special General Partnership

registered address: room 601, building a, hualian times building, no 8 xinye road, Jianggan district, Hangzhou

Chief Partner: Yu Qiang

number of partners at the end of the previous year (December 31, 2023): 103

number of certified public accountants at the end of last year: 701

the number of certified public accountants who signed the audit report of securities service business at the end of last year: 282

total income (audited) in the latest year (2022): 1,028.96 million yuan

audit revenue in the latest year (audited): 944.53 million yuan

income from securities business in the latest year (audited): 521.15 million yuan

number of audit clients of listed companies in the previous year (2022): 159

Number of audit clients of listed companies in the same industry: 13

the top five major industries of audit clients of listed companies in the previous year:(1) information transmission, software and information technology services-software and information technology services (2) manufacturing-electrical machinery and equipment manufacturing (3) manufacturing-chemical raw materials and chemical products manufacturing (4) manufacturing-special equipment manufacturing (5) manufacturing-pharmaceutical manufacturing

audit fees for listed companies in the previous year: 136.84 million yuan

2, investor protection capacity

Zhonghui has not provided for the occupational risk fund, and the accumulated compensation limit of the occupational insurance purchased is 0.3 billion yuan, which can cover the civil compensation liability caused by the audit failure.

According to the relevant regulations of the Ministry of Finance on the professional liability insurance for certified public accountants, the professional liability insurance for certified public accountants purchased by Zhonghui meets its insurance requirements for accounting firms engaged in high-risk audit services such as listed companies and financial companies. The cumulative compensation limit can cover the civil liability caused by audit failure.

3, independence and integrity record

In the past three years, Zhonghui Certified Public Accountants has been subject to supervision and management measures 6 times and self-discipline supervision measures 5 times due to its practice, and has not been subject to administrative penalties, criminal penalties or disciplinary sanctions. In the past three years, employees have been subject to supervision and management measures 6 times due to their practice, involving 21 personnel, and 5 times of self-regulatory measures, involving 13 personnel.

(II) project member information

1, personnel information

2. the independence and integrity records of the above-mentioned relevant personnel

quality control reviewer Yang Jianping has been subject to regulatory measures for his practice in the past three years. Details are given in the following table:

(III) audit fees

the total audit fee for the company's financial report and internal control in 2023 is RMB 1.5 million (excluding tax), of which the audit fee for financial report is RMB 960000 (excluding tax) and the audit fee for internal control is RMB 540000. Audit fees are based primarily on the responsibility and level of expertise required by the accounting firm to provide professional services, taking into account factors such as the experience and level of staff involved in the audit, the corresponding fee rate and the hours of work invested.

The audit fees for the company's 2024 financial report and internal control will be based on the audit fees for the 2023 financial report and internal control. The company's board of directors will request the general meeting of shareholders to authorize the management in accordance with the fair and reasonable pricing principles of the market and the nature of audit services., The degree of complexity, etc., negotiated with the accounting firm to determine.

Approval Procedures for the 2.'s Proposed Reappointment of an Accounting Firm

(I) the opinion of the Audit Committee of the Board of Directors

Zhonghui Certified Public Accountants (Special General Partnership) has rich experience in auditing listed companies, and has the qualification and professional competence to provide audit services for listed companies. During the period of serving as the company's 2023 financial report and internal control audit institution, Zhonghui Certified Public Accountants (Special General Partnership) carried out its work in strict accordance with relevant national laws and regulations, in accordance with professional ethics and the principles of independence, objectivity and impartiality, and carried out its work in strict accordance with the provisions of the audit standards. The professional competence, investor protection ability, independence and integrity of Zhonghui Certified Public Accountants (special general partnership) meet the relevant requirements. The audit committee agreed to re-appoint Zhonghui Certified Public Accountants (special general partnership) as the company's 2024 financial report and Internal control audit agency, and submit the proposal to the company's board of directors and shareholders meeting for deliberation.

(II) the deliberations and voting of the Board of Directors

the 16th meeting of the second board of directors of the company deliberated and passed the "proposal on the renewal of the audit institution for 2024" with 9 votes in favor, 0 against and 0 abstention, agreed to renew the appointment of Zhonghui accounting firm (special general partnership) as the company's financial report and internal control audit institution for 2024, and agreed to submit the proposal to the general meeting of shareholders of the company for deliberation.

Deliberation and voting of the (III) board of supervisors

the 13th meeting of the second board of supervisors of the company deliberated and passed the proposal on the renewal of the audit institution for 2024 with 3 votes in favor, 0 against and 0 abstention, agreed to renew the appointment of Zhonghui accounting firm (special general partnership) as the company's financial report and internal control audit institution for 2024, and agreed to submit the proposal to the general meeting of shareholders of the company for deliberation.

(IV) Effective Date

the re appointment of the accounting firm still needs to be submitted to the general meeting of shareholders of the company for deliberation, and shall take effect from the date of deliberation and approval of the general meeting of shareholders of the company.

It is hereby announced.

Board of Directors of Tieneng Battery Group Co., Ltd.

28 March 2024

stock code: 688819 stock abbreviation: tianneng stock announcement number: 2024-022

Tianneng Battery Group Co., Ltd.

Application for Comprehensive Credit Line in 2024

and provide the notice of guarantee

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:

● In order to meet the needs of daily production, operation and business development, Tianneng Battery Group Co., Ltd. (hereinafter referred to as the "Company") and its subsidiaries intend to be from the date when this proposal is reviewed and approved by the 2023 Annual General Meeting to the 2024 Annual During the period from the date of the general meeting of shareholders, apply to banks and other financial institutions for a comprehensive credit line not exceeding RMB 38 billion, and for the subsidiaries within the scope of the company's consolidated statements to apply for credit from financial institutions and other financing, performance and other business to provide a total amount of not more than 20 billion yuan of guarantee. Such guarantees may be transferred between subsidiaries (including new or new subsidiaries) within the scope of the Company's consolidated financial statements.

● Guaranteed parties: all are subsidiaries within the scope of the company's consolidated statements, including Zhejiang Changxing Tianneng Power Supply Co., Ltd., Zhejiang Tianneng New Energy Co., Ltd., Zhejiang Tianneng Materials Trading Co., Ltd., Zhejiang Tianneng Power Energy Co., Ltd., Tianneng Group (Henan) Energy Technology Co., Ltd.

● As of March 20, 2024, the total amount of guarantees provided by the company and its subsidiaries to its subsidiaries is 8.669 billion yuan, all of which are guarantees to the company's wholly-owned subsidiaries, and there is no overdue external guarantee.

● There is no counter-guarantee for this guarantee.

● The guarantee is still to be submitted to the general meeting of shareholders of the company for consideration.

1. the comprehensive credit line for this application and provide an overview of the guarantee

In order to meet the needs of daily production, operation and business development, the company and its subsidiaries intend to apply to banks and other financial institutions for a comprehensive credit line with a total amount not exceeding RMB 38 billion during the period from the date when this proposal is reviewed and approved by the 2023 annual general meeting to the date of the 2024 annual general meeting, and for the subsidiaries within the scope of the company's consolidated statements to apply for credit from financial institutions and other financing, performance and other business to provide a total amount of not more than 20 billion yuan of guarantee. Such guarantees may be transferred between subsidiaries (including new or new subsidiaries) within the scope of the Company's consolidated financial statements.

The above guarantee amount is expected to be transferred between subsidiaries (including but not limited to) within the scope of the company's consolidated statements listed in the following table:

The above comprehensive credit line is intended to be used for liquidity loans, fixed asset loans, project loans, M & A loans, contract financing, trade financing, supply chain financing, issuance of bankers' acceptances, issuance of letters of credit, issuance of letters of guarantee, bill of exchange discounting, financial leasing and other business. Such credit lines are not equal to the actual financing amount, and the final financing amount is subject to the relevant agreements signed between the Company and its subsidiaries and financial institutions and the actual amount incurred.

The company and its subsidiaries provide guarantees for subsidiaries (including new or newly established subsidiaries) within the scope of the company's consolidated statements to apply for credit from financial institutions and other financing, performance and other businesses, including guarantees, mortgages, pledges and other relevant laws and regulations. The specific guarantee period is subject to the guarantee contract signed at that time.

After the above-mentioned application for comprehensive credit line and provision of guarantee are reviewed and approved by the company's shareholders meeting, the shareholders meeting is requested to authorize the chairman of the board of directors to make specific applications for credit or provide guarantees within the scope of the above-mentioned comprehensive credit line and guarantee line. Decide and sign relevant legal documents, and authorize the company's management to go through the approval and filing procedures of relevant regulatory agencies and all other related matters.

2. the situation of the guarantor

1. Zhejiang Changxing Tieneng Power Supply Co., Ltd.

(1) BasicInformation

(2) Key financial data

2. Zhejiang Tiineng New Energy Co., Ltd.

(1) Basic information

(2) Key financial data

3. Zhejiang Tiineng Materials Trading Co., Ltd.

(1) Basic information

(2) Key financial data

4. Zhejiang Tianeng Power Energy Co., Ltd.

(1) Basic information

(2) Key financial data

5. Tiineng Group (Henan) Energy Technology Co., Ltd.

(1) Basic information

(2) Key financial data

The main contents of the 3. security agreement

the total amount of the company's planned credit and guarantee is only the credit line to be applied for and the guarantee line to be provided by the company. the specific credit and guarantee amount still needs to be examined and approved by the bank or relevant financial institutions, and the actual signed agreement shall prevail.

Reasons and Necessity of 4. Security

It is a normal business practice for the company and its subsidiaries to provide guarantees for the subsidiaries within the scope of the company's consolidated statements, which helps to solve the capital needs of the subsidiary's daily operation and business development, promote the sustainable and steady development of the subsidiary, and expand the company's business. Play a positive role and conform to the company's development plan. The guaranteed object is a subsidiary within the scope of the company's consolidated statements, and the production and operation are stable, the credit status is good, it has the ability to repay debts, there are no overdue guarantee matters, and the guarantee risk is controllable. The company has formal and substantial control over the guaranteed object, and the overall risk is controllable.

5. Board opinion

the company held the 16th meeting of the second board of directors on March 28, 2024, and deliberated and passed the proposal on applying for comprehensive credit line and providing guarantee in 2024.

According to the "Shanghai Stock Exchange Science and Technology Innovation Board Stock Listing Rules" and the "Articles of Association" and other relevant regulations, this proposal still needs to be submitted to the company's shareholders meeting for deliberation.

VI. Special Opinions

(I) the opinion of the Supervisory Board

The company held the 13th meeting of the second board of supervisors on March 28, 2024. The board of supervisors of the company believes that the company and its subsidiaries apply for credit to banks and other financial institutions, which is conducive to enhancing the company's production and operation capabilities and ensuring the company's funds. Liquidity has a positive impact on the company's daily operations. The guaranteed object is a subsidiary within the scope of the company's consolidated financial statements, the company has formal and substantial control over the guaranteed object, the risk is generally controllable, and there is no harm to the interests of shareholders, especially small and medium shareholders.

In summary, the Supervisory Board agreed to the motion and agreed to submit the motion to the Company's general meeting of shareholders for consideration.

(II) sponsor verification opinions

After verification, the sponsor CITIC Securities Co., Ltd. believes that the company's application for the 2024 comprehensive credit line and the provision of guarantees have been reviewed and approved by the company's board of directors and board of supervisors, and the proposal still needs to be submitted to the general meeting of shareholders for deliberation. The company's application for the 2024 comprehensive credit line and the provision of guarantees are reasonable and necessary, in line with the daily operation of the company and its subsidiaries, and will not have a significant adverse impact on the interests of the company and small and medium shareholders.

To sum up, the sponsor has no objection to the application of comprehensive credit line and provision of guarantee for Tianeng shares in 2024.

7. cumulative external guarantee amount and overdue guarantee amount

As of March 20, 2024, the total amount of external guarantees of the company and its subsidiaries was 8.669 billion yuan, all of which were guarantees to the company's wholly-owned subsidiaries, accounting for 24.19 of the company's latest audited total assets and net assets attributable to the parent.% And 56.22, there is no overdue external guarantee.

8. Internet Announcement Attachment

"Verification Opinions of CITIC Securities Co., Ltd. on Tiineng Battery Group Co., Ltd.'s Application for Comprehensive Credit Line and Provision of Guarantee in 2024".

It is hereby announced.

Board of Directors of Tieneng Battery Group Co., Ltd.

28 March 2024

stock code: 688819 stock abbreviation: tianeng stock announcement number: 2024-024

Tianneng Battery Group Co., Ltd.

Announcement on Insuring Liability Insurance for Company Directors, Supervisors and Senior Managers

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.

Tianneng Battery Group Co., Ltd. (hereinafter referred to as "the company") held the 16th meeting of the second board of directors and the 13th meeting of the second board of supervisors on March 28, 2024 by means of on-site communication, and deliberated the proposal on insuring liability insurance for directors, supervisors and senior managers of the company. All directors and supervisors abstain from voting on the motion and submit the motion to the general meeting of shareholders of the company for consideration. The specific announcement is as follows:

Overview of the basic situation of the 1.

in order to improve the company's risk control system, protect the rights and interests of the company and its directors, supervisors and senior managers, promote the relevant responsible personnel to fully exercise their rights and perform their duties, and reduce the company's operational risks, the company intends to purchase liability insurance for the company and its directors, supervisors and senior managers in accordance with the relevant provisions of the China Securities Regulatory Commission.

Main contents of 2. insurance plan

1. Insured: Tianneng Battery Group Co., Ltd.

2. Insured: company and company directors, supervisors and senior managers

3. liability limit: no more than RMB 100 million yuan/year (subject to the final insurance contract)

4. total premium: no more than RMB 600000 yuan/year (subject to the final insurance contract)

5, insurance period: 12 months (subsequent annual renewal or re-insurance)

3. additional instructions

In order to improve the efficiency of decision-making, the company's board of directors intends to request the general meeting of shareholders to authorize the board of directors to handle related matters within the above-mentioned authority, and agrees that the board of directors authorizes the company's chairman or the authorized agent designated by the chairman to handle the company and the company's directors and supervisors within the above-mentioned authority And senior management personnel liability insurance related matters (including but not limited to determining the insurance company, insurance amount, insurance amount, insurance premium and other insurance terms; select and appoint insurance brokerage companies or other intermediaries; sign relevant legal documents and deal with other matters related to insurance, etc.), and handle renewal or re-insurance at or before the expiration of the liability insurance contract of the company and the company's directors, supervisors and senior management personnel.

It is hereby announced.

Board of Directors of Tieneng Battery Group Co., Ltd.

28 March 2024

stock code: 688819 stock abbreviation: tianneng stock announcement number: 2024-025

Tianneng Battery Group Co., Ltd.

About Company Directors, Supervisors and Senior Management

Compensation Confirmation for 2023

and announcement of the compensation package for 2024

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.

Tiineng Battery Group Co., Ltd. (hereinafter referred to as "the company") held the 16th meeting of the second board of directors and the 13th meeting of the second board of supervisors on March 28, 2024 by means of on-site communication, deliberated and passed the "Proposal on the 2023 Salary Confirmation and 2024 Salary Plan for Senior Managers", "Proposal on the 2023 Salary Confirmation and 2024 Salary Plan for Directors" and "Proposal on the 2023 Salary Confirmation and 2024 Salary Plan for Supervisors". Relevant directors and supervisors abstained from voting on the proposal and agreed to submit the "Proposal on the 2023 Remuneration Confirmation and 2024 Remuneration Plan for Directors" and "Proposal on the 2023 Remuneration Confirmation and 2024 Remuneration Plan for Supervisors" to the general meeting of shareholders of the company for deliberation. The specific announcement is as follows:

1. the remuneration of directors, supervisors and senior managers of the company in 2023

In 2023, non-independent directors, supervisors, and senior managers serving in the company will receive salaries in accordance with the company's relevant remuneration regulations based on their specific management positions in the company or subsidiaries. The remuneration of independent directors is paid on a monthly basis in the form of allowances.

after accounting, the remuneration of directors, supervisors and senior managers of the company in 2023 is as follows:

2. Company Directors, Supervisors and Senior Management Compensation Plan for 2024

(I) scope

Directors, Supervisors and Senior Management of the Company during the term of office in 2024

(II) applicable period

1 January 2024 to 31 December 2024

(iii) Organizational management

The Remuneration and Appraisal Committee of the Board of Directors of the Company shall, in accordance with this plan, specifically organize and implement the performance appraisal of the appraisees and supervise the implementation of the remuneration system. The Supervisory Board and the internal audit body of the Company are responsible for supervising the assessment.

(IV) pay scale

1. Remuneration of independent directors

the salary standard for independent directors in 2024 is RMB 200000 yuan/year (before tax).

2. Remuneration of non-independent directors, supervisors and senior management

1) Non-independent directors and supervisors who do not serve in the company do not receive remuneration from the company;

2) Non-independent directors, supervisors, and senior managers who serve in the company receive corresponding salaries according to their specific positions in the company and in accordance with the company's salary and performance appraisal related management system.

(V) other provisions

1. The company shall bear the reasonable expenses incurred by the directors, supervisors and senior managers of the company in attending the board of directors, the board of supervisors, the general meeting of shareholders and other performance of their duties.

2. If the directors, supervisors and senior managers of the company leave their posts due to the change of office, re election, resignation during the term of office, etc., the remuneration shall be calculated and paid according to their actual term of office.

3. In accordance with relevant regulations and the relevant provisions of the Articles of Association, the above-mentioned remuneration plan for senior management personnel shall take effect from the date of review and approval by the board of directors. The company's 2024 remuneration plan for directors and supervisors must be submitted to the general meeting of shareholders for review and approval before it can take effect.

Decision-making procedures performed by 3. companies

(I) Convening, deliberation and voting of board meetings

The company held the 16th meeting of the second board of directors on March 28, 2024, and reviewed the "Proposal on the Recognition of Directors' 2023 Remuneration and the 2024 Remuneration Plan". All directors avoided voting on the proposal and will be directly Submitted to the company's 2023 annual general meeting for deliberation; reviewed and approved the "About SeniorThe proposal on the salary confirmation of managers in 2023 and the salary plan in 2024, the voting result: 6 votes in favor, 0 votes against and 0 abstentions. Yang Jianfen, Li Mingjun and Hu Minxiang, who are also senior managers, abstained from voting.

Convening, Deliberation and Voting of (II) Supervisory Board Meetings

the company held the 13th meeting of the second board of supervisors on March 28, 2024, and deliberated the proposal on the salary confirmation of supervisors in 2023 and the salary plan in 2024. All supervisors avoided voting on the proposal and will directly submit it to the 2023 annual general meeting of shareholders for deliberation.

It is hereby announced.

Board of Directors of Tieneng Battery Group Co., Ltd.

28 March 2024

stock code: 688819 stock abbreviation: tianeng stock announcement number: 2024-026

Tianneng Battery Group Co., Ltd.

About core technical staff leaving

and Announcement of New Identification of Core Technical Personnel

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 Risk Warning:

● Mr. Shi Liyong and Mr. Li Wei, the core technical personnel of Tianeng Battery Group Co., Ltd. (hereinafter referred to as "Tianeng shares" or "the company"), applied to resign from their posts on March 28 due to personal development reasons, and have gone through the resignation procedures. After leaving office, Mr. Shi Liyong and Mr. Li Wei no longer hold any positions in the Company and its subsidiaries.

● Mr. Shi Liyong, Mr. Li Wei and the company do not have any disputes or potential disputes involving the ownership of intellectual property rights such as service invention patents, and the departure of Mr. Shi Liyong and Mr. Li Wei will not affect the integrity of the company's intellectual property rights such as patents.

● The departure of Mr. Shi Liyong and Mr. Li Wei will not have a substantial impact on the company's core competitiveness and ability to continue operations.

● The Company considers Mr. Guo Xin, Ms. Zhou Cuifang and Mr. Zhang Fengbo to be the core technical personnel of the Company, taking into account the experience of Mr. Guo Xin, Ms. Zhou Cuifang and Mr. Zhang Fengbo, as well as their participation in the research and development of the Company's core technologies and other relevant factors.

1. details on the departure of core technical staff

Mr. Shi liyong and Mr. Li Wei, the core technical personnel of the company, applied to resign from their posts on March 28 for personal reasons and have gone through the resignation procedures. After leaving office, Mr. Shi Liyong and Mr. Li Wei no longer hold any positions in the Company and its subsidiaries.

(I) the specific situation of the core technical personnel

Mr. Shi Liyong, born in February 1982, Chinese nationality, no permanent residence abroad, bachelor degree, major in chemical engineering and technology, senior engineer. In September 2004, he joined Tieneng Shuai Fude Energy Co., Ltd. (hereinafter referred to as "Tieneng Shuai Fude") and served as Deputy General Manager of Tieneng Shuai Fude from December 2013 to March 2024. During his tenure, Mr. Shi Liyong mainly participated in the material development and project management of the company's lithium battery-related products, and was responsible for leading the company's electric vehicle (EV) high-performance power lithium iron phosphate lithium-ion battery industrialization project, and new energy vehicles with high Specific energy lithium-ion battery industrialization project, etc.

Mr. Li Wei, born in March 1963, Canadian nationality, doctoral degree, major in automation. He received a bachelor's degree in engineering from Tianjin University in 1985, a master's degree in engineering from Tianjin University in 1988, and a doctor's degree in engineering from Leeds University in 1996. From February 1997 to November 2009, he served as global strategic project manager, technical deputy general manager and senior engineer in Husky Injection Molding System Co., Ltd., from December 2009 to November 2010, he served as deputy general manager in Tiandataihe Auto Control Instrument Technology Co., Ltd., from November 2010 to September 2021, he served as process equipment director in Tianjin Lishen Battery Co., Ltd., and joined the company as chief engineer of Tiannengshuaifude in September 2021. During his tenure, Mr. Li Wei mainly led the company's lithium battery production line process equipment construction, commissioning and other work.

(II) core technical personnel holdings

As of the disclosure date of this announcement, Mr. Shi Liyong directly holds 8,788 shares of the company, accounting for 0.0009 of the company's total share capital. Mr. Li Wei does not directly or indirectly hold shares of the Company.

After leaving office, Mr. Shi Liyong and Mr. Li Wei will continue to abide by the relevant laws and regulations such as the "Shanghai Stock Exchange Science and Technology Innovation Board Stock Listing Rules" and the relevant commitments made by the company during the initial public offering of shares.

(III) patents and other intellectual property

Mr. Shi Liyong and Mr. Li Wei participated in the company's technology research and development work during their tenure in the company. During the period, the patents applied as one of the inventors were all job results, and the ownership of relevant intellectual property rights belonged to the company, and there were no patents and other intellectual property rights. Disputes or potential disputes, their resignation does not affect the integrity of the company's patents and other intellectual property rights.

(IV) confidentiality and non-competition

according to the relevant confidentiality provisions of the labor contract signed by the company with Mr. Shi liyong and Mr. Li Wei in the early stage, Mr. Shi liyong and Mr. Li Wei agree to keep all the business secrets determined based on the confidentiality provisions strictly confidential during their term of office and after leaving office; abide by the company's various confidentiality rules and regulations, and properly keep and protect the company's business secrets; use the business secrets required by the Company within the scope required by the Company, and do not use the company's information, technology and other business secrets to help other enterprises engage in business activities that may adversely affect the interests of the Company; without the consent of the Company, it is not allowed to disclose, inform, publish, publish, publish, impart, transfer or make any third party aware of the business secrets belonging to the Company in any other way; regardless of the reason for leaving the company, they should have the same confidentiality obligations and the obligation not to use relevant business secrets without authorization when accepting or terminating the labor, employment or service relationship. All business secrets (including carriers) must be returned to the company.

As of the disclosure date of this announcement, the company has not found that Mr. Shi Liyong and Mr. Li Wei went to work in a company that has a competitive relationship with the company or violated the confidentiality agreement after leaving office. The Company does not have any other undisclosed material risks.

The company and the board of directors express their sincere gratitude to Mr. Shi Liyong and Mr. Li Wei for their diligent work and contributions to the development of the company during their tenure.

Identification of core technical personnel in 2.

according to the strategic development plan, the company, combined with the knowledge background and career history of Mr. Guo Xin, Ms. Zhou Cuifang and Mr. Zhang Fengbo, as well as their participation in the research and development of the company's core technology, was deliberated and approved at the 16th meeting of the second board of directors held on March 28, 2024, and identified them as the core technical personnel of the company. The resumes and shareholdings of Mr. Guo Xin, Ms. Zhou Cuifang and Mr. Zhang Fengbo are as follows:

Mr. Guo Xin, born in March 1986, Chinese nationality, bachelor degree, major in chemical engineering and process electrochemistry, senior engineer, received a bachelor's degree from Zhengzhou University of Light Industry in 2009, and worked in Zhejiang Tianneng Energy Technology Co., Ltd. from June 2009 to November 2019 successively served as technical engineer, process section chief, and process manager of the core process department. From November 2019 to March 2024, he served as Deputy R & D Manager and Deputy R & D Director in Tianneng Shuai Fude. Since March 2024, he has been the director of the company's light power battery research institute.

as of the date of disclosure of this announcement, Mr. Guo Xin indirectly holds 52,015 shares of the company, accounting for 0.0054 of the total share capital of the company.

Ms. Zhou Cuifang, born in June 1985, Chinese nationality, master's degree, major in chemical engineering, senior engineer. He received a bachelor's degree from Zhengzhou University of Light Industry in 2009 and a master's degree from Zhejiang University in 2021. From July 2009 to June 2011, he worked as a process engineer in Zhejiang Zhenlong Power Supply Co., Ltd., from August 2011 to November 2019, he worked as a product research and development engineer in the lithium battery technology department in Zhejiang Tianneng Energy Technology Co., Ltd., and from November 2019 to March 2024, he successively served as a product research and development engineer in the battery core research and development department and a senior engineer in the soft package battery core research and development department. Since March 2024, he has been a senior research and development engineer at the Company's Light Power Battery Research Institute.

as of the date of disclosure of this announcement, Ms. Zhou Cuifang does not directly or indirectly hold shares of the company.

Mr. Zhang Fengbo, born in September 1987, Chinese nationality, master's degree, major in applied chemistry, senior engineer, received a bachelor's degree from Pingdingshan University in 2011 and a master's degree from Lanzhou University of Technology in 2014. Since July 2014, he has served as R & D engineer and senior R & D engineer in the company's research institute. At present, the company is mainly responsible for lead carbon energy storage battery research and development, lead battery new technology research and development projects.

as of the date of disclosure of this announcement, Mr. Zhang Fengbo does not directly or indirectly hold shares of the company.

The impact of 3. core technical staff turnover on the company

As a technology-leading new energy enterprise, the company has always adhered to scientific and technological innovation as the core driving force, actively laid out multi-technology routes, and constantly improved the R & D system. It has accumulated a number of core patents for lead-acid batteries, lithium-ion batteries and new battery technologies based on fuel cells and sodium ion batteries.

The company attaches great importance to the introduction and training of R & D technical personnel, and has established a complete talent training reserve system. At the end of 2021, 2022 and 2023, the number of research and development personnel was 1790, 1914 and 1960, respectively, accounting for 7.49 percent, 7.66 percent and 8.24 percent of the total number of employees, respectively. The number of research and development personnel in the company is on the rise.

At present, the company's technology research and development and daily operations are carried out normally, and the existing research and development team and core technical personnel can support the company's continuous research and development of core technologies in the future. After the company identified Mr. Guo Xin, Ms. Zhou Cuifang and Mr. Zhang Fengbo as the core technical personnel, the company's core technical personnel are as follows:

After this change, the number of core technical personnel of the company is 10. At present, the company's technology research and development and daily operations are normal, the existing research and development team and core technical personnel can support the company's future core technology continuous research and development, can support the company's future product innovation. The changes in core technical personnel have not adversely affected the Company's day-to-day operations, product innovation, core competitiveness and ability to continue operations, and the Company does not have any other undisclosed material risk matters.

Measures taken by 4. companies

Mr. Shi Liyong and Mr. Li Wei have completed the handover. The company's R & D team has a complete structure and sufficient reserve personnel. The existing R & D team and core technical personnel can support the company's continuous research and development of core technologies in the future. The company attaches great importance to R & D work, and will continue to increase R & D investment, strengthen R & D system and team building, expand the introduction and training of R & D personnel, and continuously improve the company's technological innovation capabilities.

5. sponsor verification opinions

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

1. Mr. Shi Liyong and Mr. Li Wei have handled the handover of relevant work with Tiineng shares. The departure of Mr. Shi Liyong and Mr. Li Wei will not have a significant adverse impact on the research and development strength and technological innovation of Tiineng shares.

2. Mr. Shi liyong,Mr. Li Wei participated in the technological research and development of Tiineng shares during his tenure in Tiineng shares. During this period, the patents applied for as one of the inventors were all job achievements. The ownership of relevant intellectual property rights belongs to Tiineng shares. There are no disputes or potential disputes involving patents and other intellectual property rights. His resignation will not affect the integrity of the company's patents and other intellectual property rights.

3. At present, the technology research and development and daily operation of Tiangeng shares are in normal operation. The departure of Mr. Shi Liyong and Mr. Li Wei has not had a significant adverse impact on the sustainable operation ability of Tiangeng shares.

6. Internet Announcement Attachment

"Verification Opinions of CITIC Securities Co., Ltd. on the Resignation of Core Technical Personnel of Tiineng Battery Group Co., Ltd."

It is hereby announced.

Board of Directors of Tieneng Battery Group Co., Ltd.

28 March 2024

stock code: 688819 stock abbreviation: tianeng stock announcement number: 2024-027

Tianneng Battery Group Co., Ltd.

Regarding the adjustment of some members of the audit committee of the board of directors

Announcement

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.

Tiineng Battery Group Co., Ltd. (hereinafter referred to as the "Company") held the 16th meeting of the second board of directors on March 28, 2024, and reviewed and approved the "Proposal on Adjusting Some Members of the Audit Committee of the Board of Directors". The details are as follows:

According to Article 5 of the Measures for the Administration of Independent Directors of Listed Companies, the members of the audit committee shall be directors who are not senior managers of listed companies. In order to further improve the corporate governance structure and ensure the standardized operation of the special committee of the company's board of directors, combined with the actual situation of the company, the company's board of directors adjusted some members of the audit committee of the second board of directors. Mr. Li Mingjun, the company's director and deputy general manager, will no longer serve as a member of the audit committee. Mr. Zhang Aogen, a director of the company, serves as a member of the audit committee, the term of office shall be from the date of deliberation and approval by the board of directors of the company to the date of expiration of the term of office of the second board of directors. The other members of the audit committee of the company's board of directors remain unchanged. The members of the audit committee of the company's board of directors before and after this adjustment are as follows:

the composition of the audit committee of the board of directors before the adjustment: Tong Chengsheng (chairman), Wu Changqi, Li Mingjun;

Adjusted composition of the Audit Committee of the Board of Directors: Tong Chengsheng (Chairman), Wu Changqi and Zhang Aogen.

It is hereby announced.

Board of Directors of Tieneng Battery Group Co., Ltd.

28 March 2024

stock code: 688819 stock abbreviation: tianeng stock announcement number: 2024-029

Tianneng Battery Group Co., Ltd.

Announcement on Extension of Some Fundraising Projects

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.

Tiineng Battery Group Co., Ltd. (hereinafter referred to as "Tiineng shares" or "the company") in 2024

The 16th meeting of the second board of directors and the 13th meeting of the second board of supervisors were held on March 28, 2005. The proposal on the extension of some raised investment projects was deliberated and passed, and the expected date of the company's "Tianeng sodium ion battery test line technical transformation project" and "big lithium battery research and development platform construction" (hereinafter referred to as "raised investment project") was adjusted to December 2025. Sponsor CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities") issued a clear consent to the verification of this matter. The above proposal does not need to be submitted to the general meeting of shareholders for deliberation. The relevant information is hereby announced as follows:

Basic information on the capital raised by the initial public offering of 1.

Basic situation of (I) raised funds

According to the "Approval for Approval of the Registration of the Initial Public Offering of Tieneng Battery Group Co., Ltd." issued by the China Securities Regulatory Commission (Securities Regulatory Commission License [2020] No. 3173), it is agreed that the company will publicly issue RMB ordinary shares (A shares) 116.6 million shares, the issue price per share is 41.79 yuan (RMB, the same below), and the total amount of funds raised is 4,872.714 million yuan, after deducting the issuance expenses, the actual net amount raised was 4,729.7331 million yuan, and the actual amount received was 4,751.7597 million yuan. Zhonghui Certified Public Accountants (Special General Partnership) has examined the availability of funds for the Company's initial public offering of shares and issued the Capital Inspection Report No. 0026 of Zhonghui Inspection [2021] on January 11, 2021.

In order to standardize the management of the company's raised funds and protect the rights and interests of investors, the company has set up relevant special accounts for raised funds to implement special storage of raised funds, and signed a special account storage supervision agreement for raised funds with the sponsor and the bank that stores the raised funds, opened a special account for raised funds, and implemented special account storage for raised funds.

(II) fund-raising investment projects

according to the eighth meeting of the second board of directors and the sixth meeting of the second board of supervisors held on March 24, 2023, and the 2022 annual general meeting of shareholders held on April 17, 2023, the company plans to use the raised funds of 140.2931 million yuan to invest in the "big lithium battery research and development platform construction"; it is planned to use 12 million yuan to invest in the "Technical Transformation Project of Tieneng Sodium Ion Battery Test Line".

As of December 31, 2023, the use of the deferred proceeds is as follows:

Unit: RMB ten thousand yuan

2. the details of the extension of this fundraising project

Basic information (I) the extension of this fundraising project

Based on the actual progress of the current fundraising projects, the company plans to adjust the time when the fundraising projects reach the predetermined usable state without changing the investment purpose and investment scale of the raised funds. The details are as follows:

(II) the reasons for the extension of this offering

As the process optimization demonstration involves the adjustment of the selection of test line equipment, the construction period of the "Tianneng Sodium Ion Battery Test Line Technical Transformation Project" will be extended based on the strict and scientific investment principle, and the time to reach full availability is expected to be adjusted to December 2025.

in the second half of 2023, due to the expiration of the joint venture agreement between the company and the original main lithium battery business entity, tianeng shuifu energy co., ltd., the company negotiated with its partners on the follow-up cooperation plan. based on such negotiations, the company may have an impact on the specific ideas of the company's lithium battery business development. based on prudence, the company slowed down the investment progress of the "large lithium battery research and development platform construction" project, the construction site of the project is being further demonstrated, so it is expected that the time when the project is fully usable will be adjusted to December 2025.

3. the impact of this extension of part of the fundraising project on the company

the extension of this fund-raising investment project is made by the company according to the actual situation of the implementation of the fund-raising project

Prudent decision that the content, total investment and implementation subject of the project construction have not been changed, which will not have a substantial impact on the implementation of the raised investment project, nor will it have a significant adverse impact on the normal operation of the company, nor will there be any change or disguised change in the investment direction of raised funds and other situations that damage the interests of shareholders, In line with the relevant provisions of the China Securities Regulatory Commission and the Shanghai Stock Exchange on the management of listed company.

4. related approvals and approval procedures

(I) Board Resolution

The company held the 16th meeting of the second board of directors on March 28, 2024. The board of directors believes that the extension of this part of the fundraising project is an adjustment based on the actual situation of the company, which is in line with the company's development plan and actual needs. Help improve the efficiency of the use of raised funds, further enhance the company's core competitiveness and profitability, and achieve the company's sustainable and stable development. Therefore, the Board of Directors agreed to the Company's extension of some of the fundraising projects. The matter does not need to be submitted to the company's shareholders' meeting for consideration.

(II) the opinion of the Supervisory Board

the postponement of this part of the fund-raising project is made by the company according to the actual situation of the project implementation.

Prudent decision will not have a significant adverse impact on the normal operation of the company, there is no change or disguised change in the investment direction of the raised funds, and there is no harm to the interests of the company's shareholders, especially the minority shareholders. It is in line with the relevant provisions of the China Securities Regulatory Commission and the Shanghai Stock Exchange on the management of the raised funds of listed companies, and is in line with the interests of the company and all shareholders, It is also conducive to the long-term development of the company.

In summary, the Supervisory Board agreed to the postponement of the Company's partial fundraising project.

(III) recommendation

After verification, the sponsor CITIC Securities Co., Ltd. believes that the postponement of some of the company's fundraising projects has been reviewed and approved by the company's board of directors and board of supervisors, and the necessary approval procedures have been fulfilled, and it complies with relevant laws and regulations and the "Articles of Association" Provisions of regulatory documents such as "Guidelines for the Supervision of Listed Companies No. 2-Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies. This matter is a decision made by the company based on the actual situation of the fund-raising project, and does not involve changes in the project implementation subject, the investment purpose of the raised funds and the investment scale, and there is no disguised change in the investment direction of the raised funds and other circumstances that harm the interests of shareholders.

In summary, the sponsor has no objection to the postponement of some of the company's fundraising projects.

5. Internet Announcement Attachment

"Verification Opinions of CITIC Securities Co., Ltd. on the Extension of Some Fundraising Projects of Tianneng Battery Group Co., Ltd."

It is hereby announced.

Board of Directors of Tieneng Battery Group Co., Ltd.

28 March 2024

stock code: 688819 stock abbreviation: tianneng stock announcement number: 2024-030

Tieneng Battery Group Co., Ltd. 2024

Special Action Plan of "Improving Quality and Increasing Efficiency and Reward"

the board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear legal responsibility for the authenticity, accuracy and completeness of its contents in accordance with the law

In order to implement the "investor-oriented" development concept of listed companies, safeguard the interests of all shareholders of the company, and based on the confidence and value recognition of the company's future development prospects, Tianneng Battery Group Co., Ltd. (hereinafter referred to as "the company") formulated the 2024 action plan of "improving quality, increasing efficiency and valuing returns" to further improve the company's operating efficiency, strengthen market competitiveness and protect the rights and interests of investors, establish a good image of the capital market. The main measures include:

1. further focus on the main business, implement the "double carbon" strategy, and continuously improve the quality of operation

Company as a "dedication to green energy, to create a better lifeLive "mission of social responsibility enterprises, and actively respond to the national" double carbon "strategy. The company actively explores and innovates the green management mode of the whole life cycle, and runs the concept of green development through the whole process of product design, manufacturing, packaging, transportation, use and scrap disposal, and builds a green intelligent manufacturing workshop, a green intelligent manufacturing factory, a green intelligent manufacturing park and a green intelligent manufacturing supply chain. The company focuses on the main business with green manufacturing as the core, adheres to the three-wheel drive strategy of "industry + technology + capital", realizes the basic plate of lead acid, strengthens the growth plate of lithium battery, innovates hydrogen fuel cell, cultivates the emerging industry of sodium battery, forms a new energy industry cluster with "focus on the main business and moderate diversification", builds an industrial ecosystem with lead storage power battery as the core, and realizes the optimization of lead storage industry element allocation and ecological benefits; efficiently carry out research and development of cutting-edge technologies, key technologies and new products, improve the contribution of scientific and technological innovation to the high-quality development of enterprises, and comprehensively enhance the identity and brand of "science and technology"; optimize the structure of the investment management system, empower science and technology investment, control investment risks, improve capital efficiency and give full play to capital advantages.

In 2024, the company will continue to firmly focus on the development of the main business, deeply tap the huge potential of the main business, and strive to improve the quality of operation and promote the high-quality development of the enterprise. Specifically, we will start from the following aspects:

First of all, the company will increase the intensity of product research and development innovation, market demand-oriented, actively invest in research and development resources, continue to introduce competitive new products, and further optimize the product structure. By improving the technical content and added value of products, we will continue to improve the company's market competitiveness and profitability, and ensure that we maintain a leading position in the fierce market competition.

Secondly, the company will accelerate the development of new quality productivity and continue to promote the construction of intelligent digitalization. We will introduce advanced production technology and equipment, improve the level of production automation and intelligence, reduce production costs and improve production efficiency. At the same time, we will also strengthen digital management, build a sound information system, realize the sharing and effective use of data resources, and provide strong support for enterprise decision-making.

Finally, the company will accelerate the implementation of the globalization strategy, the company will accelerate the construction of production bases in Vietnam, and continue to increase sales in overseas markets. We will deeply understand the international market demand and competitive situation, formulate feasible market expansion plan, and actively participate in the international market competition. By continuously expanding emerging markets and achieving multi-point flowering, we will further explore overseas markets, achieve deeper and broader coverage of the global market, and enhance the company's international influence and competitiveness.

2. value shareholder returns and maintain the stability and continuity of dividends

The company always insists on putting the interests of investors in the first place, and fully protects the basic interests of all shareholders with a good, continuous and stable cash return level. In the past three years (2020-2022), the proportion of cash dividends to net profit attributable to common shareholders of listed companies in the consolidated statements was 25.58, 42.59 and 30.57, respectively.

In recent years, the company has achieved good development through product research and development and marketing management innovation and upgrading, and its profitability and cash flow level have further improved. The board of directors of the company actively responded to the positive cash dividend policy advocated by the China Securities Regulatory Commission and the Shanghai Stock Exchange, combined with the company's development stage, profit scale, cash flow and other operating conditions, as well as the company's follow-up fund use plan and operating expectations, continue to draw up a positive and continuous 2023 profit distribution plan: based on the total share capital registered on the date of equity distribution, cash dividend of 0.65 yuan (including tax) per share will be distributed to all shareholders. As of February 29, 2024, the total share capital of the company is 972,100,000 shares, which is used to calculate the total proposed cash dividend of 631,865,000.00 yuan (including tax), accounting for 27.42 of the net profit attributable to the shareholders of the parent company in the consolidated statement of the company in 2023.

At the same time, the Company is actively promoting share buybacks and other programs to increase investor returns. At the proposal of Mr. Zhang Tianren, the actual controller and chairman of the company, and the 15th meeting of the second board of directors of the company, it is proposed to use its own funds to repurchase shares through centralized bidding transactions. The total amount of repurchase funds shall not be less than RMB 50 million, not more than RMB 100 million (inclusive), and the repurchase price shall not exceed RMB 41.82 per share, fully reflect the confidence in the future development of the company and the recognition of the value of the company, and effectively combine the interests of shareholders, the interests of the company and the interests of employees. In 2024, the company will strictly follow the relevant regulations such as the "Share Repurchase Rules for Listed Companies", "Shanghai Stock Exchange Listed Companies Self-Regulatory Guidelines No. 7-Repurchase of Shares" and the company's share repurchase plan. Market conditions make repurchase decisions and implement them, and perform information disclosure obligations in a timely manner based on the progress of the repurchase.

In addition, the company is concerned about the "Opinions on Strengthening the Supervision of Listed Companies (Trial)" and other documents issued by the China Securities Regulatory Commission, and the policy spirit of encouraging multiple dividends a year and taking multiple measures to increase the dividend rate. In 2024, the company will carefully study the relevant policies, evaluate the feasibility and landing path, and actively implement them. The company will also communicate with major shareholders, combined with the company's business situation and capital situation, comprehensive consideration including dividends, repurchase, extension of the lock-up period and other ways to continuously improve the level of shareholder returns.

3. improve the level of investor relations management and establish a long-term mutual trust channel for investors

Since its listing, the company has always attached importance to the quality of investor relations management, constantly improving the rules and regulations of investor relations management, establishing positive interaction with investors, effectively protecting investors' right to know, transmitting the company's value logic, and providing shareholders with accurate investment decision-making basis.

In 2024, the company will continue to optimize its communication with investors through investor meetings, field research, hotlines, and SSE e-interactions. In 2024, the company plans to use platforms such as the Shanghai Stock Exchange Roadshow Center to hold no less than 3 performance briefings through various methods such as conference calls and videos to fully communicate with investors on current performance and patiently answer investors' questions. It also plans to organize no less than 40 investor research activities to help investors have a deeper understanding of the company's development status and future plans, and enhance investors' awareness of the company's value. The company will further optimize investor communication, establish a professional, compliant, efficient and transparent communication mechanism through multi-faceted communication channels, and establish a long-term and stable relationship of mutual trust with investors.

The Company will continue to adhere to the principles of truthfulness, accuracy, completeness, timeliness and fairness in information disclosure. Under the premise of complying with laws and regulations, we will be committed to displaying the latest progress of the company in operation and other aspects in a multi-level, multi-angle and all-round way, so as to ensure that investors can fully and timely grasp the company's development strategy, business model and operating conditions. At the same time, in order to deepen communication with investors, we will further enrich communication methods and actively invite company directors, management and relevant business leaders to participate in investor relations activities, thereby enhancing the depth and breadth of interaction between the company and investors. We will earnestly safeguard investors' right to know and supervise, and strive to establish a long-term, stable and mutually trustworthy cooperative relationship with investors.

four, continue to standardize corporate governance, and constantly strengthen the foundation of the company's development

In 2024, the Company will be committed to continuously optimizing its corporate governance structure to significantly improve the level and efficiency of standardized operations. We will conduct in-depth research on the newly revised "Company Law" and "Measures for the Administration of Independent Directors of Listed Companies" and other relevant laws and regulations, and closely integrate the actual situation of the company, revise and improve the internal management system in a timely manner to ensure that the company's internal management is institutionalized and standardized. Steady improvement.

At the same time, we will speed up the implementation of the requirements for the reform of the independent director system, and actively provide comprehensive and convenient conditions for independent directors to perform their duties through various forms such as on-site meetings, on-site visits to branches, and special reports on key issues, so as to ensure that independent directors can carry out on-site work efficiently and professionally for at least 15 working days a year. We also regularly assess the independence of our independent directors to ensure that they are able to perform their duties independently and impartially.

In addition, in order to further optimize the company's internal control system and enhance the scientificity and effectiveness of business decisions, we will continue to improve the internal control mechanism and strengthen the execution of risk management and internal control. The company will strictly abide by the regulations of the Ministry of Finance, the State-owned Assets Supervision and Administration Commission and the China Securities Regulatory Commission on the appointment of accounting firms, implement the selection and appointment rules of audit institutions, and transform the supervisory role of external audit institutions into a powerful driving force for corporate compliance management.

Finally, the Company will continue to strengthen the building of corporate governance capacity, carry out in-depth training on securities regulations for the key minority of directors and supervisors, strengthen the compliance awareness of all employees, and ensure the realization of the Company's high-quality development and sustainable development goals. We firmly believe that through the implementation of these measures, the company will usher in a new chapter of more robust and efficient development.

5. the implementation of the "ESG" concept, promote sustainable development

As an important component of Kechuang 50, the Company is committed to continuously improving the construction standards of ESG work by implementing the initiatives of the Shanghai Stock Exchange. To date, we have published two detailed Environmental, Social and Governance Reports aimed at fully demonstrating the company's positive ESG efforts to investors. Looking forward to 2024, we will continue to deepen our ESG work and promote the deep integration of sustainability concepts into the company's strategy and daily operations. We will increase investment in green technology innovation and green manufacturing, promote quality improvement, energy conservation and emission reduction, and contribute more to the sustainable development of society. At the same time, we will continue to fulfill our social responsibilities, actively participate in social welfare undertakings, and demonstrate the company's social value with practical actions.

In the future, the company will continue to uphold the principle of being responsible to all shareholders, continue to deepen its main business, further improve its operation and management level, continuously enhance the company's core competitiveness and profitability, improve and improve the company's corporate governance structure and internal control system, and consolidate Long-term development foundation to drive the company's sustainable and high-quality development and maximize the interests of the company and all shareholders.

It is hereby announced.

Tianneng Battery Group Co., Ltd.

Board of Directors

28 March 2024