Sichuan Energy secures multi-year rural power grid asset agreement

Sichuan Energy Investment Development Co., Ltd. announced that on September 25, 2025, it entered into the 2025-2027 Rural Power Grid Assets Usage Agreement with Hydropower Group. This agreement relates to continuing connected transactions previously outlined in an announcement dated March 18, 2025. The material terms of the new agreement are consistent with those disclosed earlier.

The agreement specifies annual caps for the transactions, with projections of RMB67.0 million in 2025, RMB70.0 million in 2026, and RMB72.0 million in 2027. These figures represent the maximum values for the continuing connected transactions contemplated under the new agreement.

The board of Sichuan Energy Investment Development Co., Ltd., led by chairman He Jing, confirmed the execution of this significant agreement from Chengdu, Sichuan Province. The company's executive directors include He Jing, Wang Yuanchun, and Xie Peixi.