YNHC(SZ:001896) Xin Lang Cai Jing·2025-08-27 16:44Core Viewpoint - Henan YN Holding Co., Ltd. has decided to abandon investments in incremental distributed photovoltaic, user-side energy storage (excluding energy storage integrated with source-network-load projects), and charging pile projects, while cautiously advancing existing projects based on actual conditions [1][2]. Group 1: Company Decisions - The company has repeatedly abandoned investment opportunities in related projects, having held shareholder meetings in 2021, 2023, and 2024 to approve the abandonment of commercial opportunities related to distributed photovoltaic, user-side energy storage, and charging pile projects [1]. - On August 26, 2025, the company held several meetings, including an independent director meeting and a board strategic committee meeting, to review the proposal to abandon investments and acquisition opportunities in competing projects [2]. Group 2: Reasons for Abandonment - The primary reason for the abandonment is to comply with the National Development and Reform Commission's requirements, which promote the participation of renewable energy in market transactions [2]. - The company indicated that the competitive advantages of distributed photovoltaic, user-side energy storage, and charging pile projects are not significant within its renewable energy business, failing to meet investment return expectations [2]. Group 3: Impact on Company - The company stated that this decision aligns with the interests of the listed company and will not have a significant impact on its financial status or operating results, aiming to focus on the large-scale development of renewable energy [2].