Gelonghui, April 11 | Mustang Battery (605378.SH) announced that the actual controllers of the company, Mr. Yu Yuankang, Mr. Chen Enle, Mr. Chen Yijun, Mr. Yu Gufeng, Mr. Chen Kejun, and Mr. Yu Guyong, signed the “Concerted Action Agreement” before the company's initial public offering and listing. The agreement is valid for 36 months from the date of the company's initial public offering of shares and listing. Since the company's shares were listed on the Shanghai Stock Exchange on April 12, 2021, the original “Concerted Action Agreement” expires on April 11, 2024. In order to promote the continuous and steady development of the company, based on a common concept, after thorough communication and negotiation, Mr. Yu Yuankang, Mr. Chen Yijun, Mr. Yu Gufeng, Mr. Chen Kejun, and Mr. Yu Guyong renewed the “Concerted Action Agreement” on April 11, 2024. The agreement is valid until the end of the third board of directors of the company. Other than that, the main content is consistent with the original “Concerted Action Agreement”.