Core Viewpoint - The announcement by Keheng Co., Ltd. regarding the signing of a cooperation framework agreement with Gree Supply Chain Management Co., Ltd. aims to enhance supply chain procurement capabilities for the company and its subsidiary, Yingde Keheng New Energy Technology Co., Ltd. [2] Group 1 - On January 15, 2026, Keheng Co., Ltd. held its sixth board of directors' audit committee meeting and approved the proposal for signing and related transactions [2] - The cooperation framework agreement stipulates that Gree Supply Chain will provide a total procurement business quota of 450 million RMB to Keheng Co., Ltd. and Yingde Keheng, which is a revolving quota subject to internal approval [2] - Gree Supply Chain is a wholly-owned subsidiary of Gree Group, which was an indirect controlling shareholder of Keheng Co., Ltd. in the past twelve months, making this transaction a related party transaction [2]