Guoxuan High-Tech: The controlling subsidiary signs a capital increase agreement with XinZhiHeNeng to jointly invest in a new lithium-ion battery (20GWh) manufacturing base project

Guoxuan High-Tech Announcement: The company’s controlling subsidiary, Jiangsu Guoxuan, plans to introduce strategic investors through capital increase and share expansion, specifically Nanjing Liuhe District Xinzhiheng Neng Equity Investment Partnership. Recently, the company signed a capital increase agreement and supplementary agreement with Xinzhiheng Neng and Jiangsu Guoxuan in Nanjing, Jiangsu. The controlling shareholder and the investor plan to jointly invest in the target company to support the construction of the “New Lithium-Ion Battery (20GWh) Intelligent Manufacturing Base Project,” with the company investing 300 million yuan in two phases and the investor investing 2 billion yuan in two phases. The company waives its preemptive subscription rights for this capital increase. This transaction does not involve related-party transactions and does not constitute a major asset restructuring. After the capital increase, Jiangsu Guoxuan remains a subsidiary within the company’s consolidated financial statements. Additionally, the agreement stipulates performance commitments and buyback clauses from 2027 to 2035. If the target company fails to achieve a qualified IPO or underperforms, the investor has the right to request buyback or cash compensation.