Daitang New Energy announced on 28 December 2023 that it has entered into a joint venture agreement with its wholly-owned subsidiaries Daitang New Energy Hong Kong and Daitang Hainan to jointly invest in the establishment of a joint venture, Daitang (Danzhou) Marine Energy Development Co., Ltd., to develop the Danzhou offshore wind power project. The registered capital of the joint venture is RMB 1 billion, of which Datang New Energy invested 55%, Daitang New Energy Hong Kong invested 10%, and Daitang Hainan invested 35%. The transaction constitutes a connected transaction but does not require the approval of an independent shareholder as the relevant regulations have been complied with. The joint venture will be engaged in the development, investment, construction and management of new energy sources such as wind power, in line with the country's “carbon peak, carbon neutral” development goals and will contribute to improving the economic benefits of Daitang New Energy.

Daitang New Energy announced on 28 December 2023 that it has entered into a joint venture agreement with its wholly-owned subsidiaries Daitang New Energy Hong Kong and Daitang Hainan to jointly invest in the establishment of a joint venture, Daitang (Danzhou) Marine Energy Development Co., Ltd., to develop the Danzhou offshore wind power project. The registered capital of the joint venture is RMB 1 billion, of which Datang New Energy invested 55%, Daitang New Energy Hong Kong invested 10%, and Daitang Hainan invested 35%. The transaction constitutes a connected transaction but does not require the approval of an independent shareholder as the relevant regulations have been complied with. The joint venture will be engaged in the development, investment, construction and management of new energy sources such as wind power, in line with the country's “carbon peak, carbon neutral” development goals and will contribute to improving the economic benefits of Daitang New Energy.