002350

According to the announcement from Beijing CREAT (002350.SZ), the company currently holds 100% equity in its secondary subsidiary Gu'an CREAT New Energy Technology Co., Ltd. (hereinafter referred to as "Gu'an CREAT") through its wholly-owned subsidiary Beijing CREAT New Energy Technology Development Co., Ltd. (hereinafter referred to as "New Energy Technology"). In accordance with the company's development strategy and to implement the national "dual carbon" strategic goals, seize opportunities in the new energy market, accelerate the adjustment of the company's energy structure and transformation development pace, and enhance the company's overall competitiveness, the company agrees to allow its wholly-owned secondary subsidiary Gu'an CREAT to invest in the construction and operation of a distributed photovoltaic power station (Phase III) project within the factory area of YunGu (Gu'an) Technology Co., Ltd. The electricity generated by this project will be supplied to YunGu (Gu'an) Technology Co., Ltd. at a preferential discount as agreed. The total investment for this project is approximately 17 million yuan, of which New Energy Technology will increase its investment in Gu'an CREAT by no more than 5.1 million yuan