Sichuan Energy announces multiple connected transactions, including EPC deal, equipment buy

Sichuan Energy Investment Development Co. (the "Company") has entered into an EPC contract for the Liuxi Power Station Transmission Line Relocation and Equipment Retrofit Project, with a total price of RMB7,820,750 (tax inclusive). The contract was signed on December 4, 2025, with Yiliangruiyuan Hydropower as principal and Sichuan Energy Investment Development Construction and Sichuan Jianneng Electric Power Design as contractors. This transaction constitutes a connected transaction, subject to reporting and announcement requirements.

Additionally, on December 4, 2025, Materials Industry Group, a wholly-owned subsidiary of a controlling shareholder, entered into an Equipment Procurement Agreement with Sichuan Energy Investment Development Construction, a wholly-owned subsidiary of the Company, to supply equipment at a provisional estimated total purchase price of RMB5,147,575.94 (including freight charges and taxes). This is also a connected transaction, subject to similar reporting and announcement requirements.

Furthermore, the Company announced the renewal of the lease for six temporary substations from Sichuan Energy Investment Development Construction to Changning Natural Gas for one year, commencing January 1, 2026. The total rental under the lease will not exceed RMB5,900,000. This continuing connected transaction is subject to reporting, announcement, and annual review requirements.