Henan Dayou Energy's indirect shareholder undergoes strategic reorganization

On September 25, 2025, Henan Dayou Energy Co., Ltd. announced that its indirect controlling shareholder, Henan Energy Group Co., Ltd., received notification from the Henan Provincial People's Government State-owned Assets Supervision and Administration Commission. The notification confirmed that the Henan Provincial Party Committee and Government decided to implement a strategic reorganization between Henan Energy Group and China Pingmei Shenma Holding Group Co., Ltd.

The reorganization will not alter the actual control of Henan Dayou Energy, as the Henan Provincial SASAC will remain the company's controlling party. Furthermore, Henan Dayou Energy stated that this strategic reorganization is not expected to significantly impact the company's production and operational activities.

Henan Dayou Energy advised investors to exercise rational judgment and be aware of investment risks, with all official information published on designated media outlets.