CSSC Science & Technology subsidiary to divest wind power assets

CSSC Science & Technology Co., Ltd. announced that its wholly-owned subsidiary, China Shipbuilding Group Wind Power Development Co., Ltd. (CSSC Wind Power), plans to publicly list and transfer 100% equity and related creditor's rights of CSSC Wind Power (Xingcheng) Clean Energy Development Co., Ltd. (Xingcheng Company). This strategic divestment, approved by the board on November 5, 2025, aligns with the company's "rolling development" strategy to recover capital for future wind farm projects and enhance operational quality.

The valuation report, effective March 31, 2025, assessed Xingcheng Company's 100% equity at yuan 55,517.88 million. The transaction is anticipated to positively impact the company's current period profit.

Separately, CSSC Science & Technology will host a collective performance briefing for its third-quarter 2025 results for companies in the Shanghai region. The event is scheduled for November 13, 2025, from 15:00 to 16:30, accessible online via the SSE Roadshow Center. Investors are invited to submit questions in advance from November 6 to November 12, 2025.