Shantao Huanneng announced that the company completed the targeted issuance of A-shares to High-speed Industrial Investment controlled by the actual controller, and that the additional shares were listed on October 16, 2026. After this change in equity, the company's single largest shareholder changed to High Speed Investment, with a direct shareholding ratio of 18.92%; the total number of shares held by High Speed Real Estate Investment and other entities controlled by actual controllers increased to 221,554,584 shares, and the shareholding ratio increased from 24.18% to 38.52%. This change will not lead to a change in the actual controller of the company. The current share subscription period for High Speed Industrial Investment is 36 months.

Shantao Huanneng announced that the company completed the targeted issuance of A-shares to High-speed Industrial Investment controlled by the actual controller, and that the additional shares were listed on October 16, 2026. After this change in equity, the company's single largest shareholder changed to High Speed Investment, with a direct shareholding ratio of 18.92%; the total number of shares held by High Speed Real Estate Investment and other entities controlled by actual controllers increased to 221,554,584 shares, and the shareholding ratio increased from 24.18% to 38.52%. This change will not lead to a change in the actual controller of the company. The current share subscription period for High Speed Industrial Investment is 36 months.