Daitang New Energy successfully completed the issuance of the first tranche of 2024 ultra-short term financing securities on April 23, 2024, totaling RMB 10 billion, with a validity period of 91 days, with a settlement date set for July 24 of the same year. The bond has a face value of RMB 100 with an annual interest rate of 1.80%, with interest from April 24. BEIJING BANK CO., LTD. ACTS AS THE PRINCIPAL UNDERWRITER AND BOOKKEEPING MANAGER OF THIS FINANCING, AND IS ISSUED PUBLICLY THROUGH THE INTERBANK BOND MARKET IN CHINA. The funds raised will be used to repay the company's borrowings and improve the financing structure. The relevant documents relating to this financing have been published on the Shanghai Liquidator's website and expressly state that this issuance does not constitute any transaction under Chapter 14 and Chapter 14A of the Listing Rules.

Daitang New Energy successfully completed the issuance of the first tranche of 2024 ultra-short term financing securities on April 23, 2024, totaling RMB 10 billion, with a validity period of 91 days, with a settlement date set for July 24 of the same year. The bond has a face value of RMB 100 with an annual interest rate of 1.80%, with interest from April 24. BEIJING BANK CO., LTD. ACTS AS THE PRINCIPAL UNDERWRITER AND BOOKKEEPING MANAGER OF THIS FINANCING, AND IS ISSUED PUBLICLY THROUGH THE INTERBANK BOND MARKET IN CHINA. The funds raised will be used to repay the company's borrowings and improve the financing structure. The relevant documents relating to this financing have been published on the Shanghai Liquidator's website and expressly state that this issuance does not constitute any transaction under Chapter 14 and Chapter 14A of the Listing Rules.