ST Joint Venture announced that the 16th meeting of the 7th board of directors of the company deliberated and passed the “Proposal on Investment Fund Reduction”. The amount pledged by the Beijing Zhongneng Internet Venture Capital Center is to be reduced from 371.7 million yuan to 43.270076 million yuan, and the company's pledged investment amount will be reduced from 215.1 million yuan to 21.4 million yuan. The company paid 21.4 million yuan in China Energy Internet in the early stages, and will not continue to invest in the future. The matter falls under the authority of the board of directors and does not need to be submitted to the shareholders' meeting for consideration.

ST Joint Venture announced that the 16th meeting of the 7th board of directors of the company deliberated and passed the “Proposal on Investment Fund Reduction”. The amount pledged by the Beijing Zhongneng Internet Venture Capital Center is to be reduced from 371.7 million yuan to 43.270076 million yuan, and the company's pledged investment amount will be reduced from 215.1 million yuan to 21.4 million yuan. The company paid 21.4 million yuan in China Energy Internet in the early stages, and will not continue to invest in the future. The matter falls under the authority of the board of directors and does not need to be submitted to the shareholders' meeting for consideration.