CORRECTION – MBAK Energy Solutions, Inc.

Core Viewpoint - MBAK Energy Solutions, Inc. has initiated significant deliveries valued at over $2.5 million monthly to Europe, India, and Zambia, with plans to increase this volume to meet substantial orders from India and other global customers [1][2]. Group 1: Deliveries and Orders - The company has commenced deliveries worth over $2.5 million for March, with expectations to grow from $1.3 million to fulfill a $65 million order from India and $1.2 million in shipments to other global clients [1][2]. - An initial shipment of 550 e-bicycles has been sent to a French customer, marking the beginning of ongoing order fulfillment [2]. - MBAK has shipped Battery Energy Storage System (BESS) units to Zambia to support a renewable power project requiring 60 MwH [2]. - The company has also started shipping the first 10 MwH of BESS units as part of a larger 100 MwH order for an Indian power customer [2]. Group 2: Industry Participation - These deliveries follow a successful participation in the 2026 Asia Battery Show in Hong Kong, where MBAK showcased new industrial and consumer product additions to its lineup [3].