Xinyi Energy announced that on November 20, 2025, the share transfer agreement and supplementary agreement were concluded. The seller agreed to sell and the buyer agreed to buy the shares. The cash cost was RMB 515 million. This transaction constitutes Xinyi Energy's discloseable transaction under Chapter 14 of the Listing Rules. After the transaction is completed, Xinyi Solar will no longer be a subsidiary of Xinyi Energy, and the remaining equity will be recorded according to the Equity Act.

Xinyi Energy announced that on November 20, 2025, the share transfer agreement and supplementary agreement were concluded. The seller agreed to sell and the buyer agreed to buy the shares. The cash cost was RMB 515 million. This transaction constitutes Xinyi Energy's discloseable transaction under Chapter 14 of the Listing Rules. After the transaction is completed, Xinyi Solar will no longer be a subsidiary of Xinyi Energy, and the remaining equity will be recorded according to the Equity Act.