Core Viewpoint - The company announced a non-public agreement to transfer the biomass power generation project assets of its subsidiary, Southern Power Grid Comprehensive Energy (Guangzhou) Co., Ltd., to the Zunyi Power Supply Bureau of Guizhou Electric Power Company [1] Group 1 - The transfer involves the assets of the Chishui branch of the biomass power generation project [1] - The transaction is part of the company's strategic initiatives to optimize its asset portfolio [1]

Core Viewpoint - The announcement indicates that the wholly-owned subsidiary of the company, Southern Power Grid Comprehensive Energy (Guangzhou) Co., Ltd., plans to transfer the biomass power generation project line assets of its Chishui branch to Guizhou Power Grid Co., Ltd. Zunyi Power Supply Bureau through a non-public agreement [1] Group 1 - The transaction is classified as a related party transaction [1] - The transaction does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" [1]