EVE Energy: Subsidiary Establishes Huizhou R&D Branch

EVE Energy announced that the company's board of directors reviewed and approved relevant proposals, agreeing to establish R&D branches in Huizhou for its subsidiaries EVE Power and Jingmen Chuangneng, respectively, and authorized their management to handle related procedures. The establishment of these R&D branches does not require submission to the shareholders' meeting for review, does not constitute a major asset restructuring or related party transaction, and is conducive to attracting scientific research talents and promoting the transformation of R&D achievements. It will not have a major adverse impact on the company's finance and operations.
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