On January 3, 2024, Shaanxi Xinghua Chemistry Co.,Ltd closed the transaction. The transaction included participation from Yulin Coal Resource Conversion Guidance Fund Partnership Enterprise (L.P.), fund managed by Yulin Coal Conversion Fund Investment Management Co., Ltd. for 12,406,947 shares CNY 49,999,996.41, UBS AG for 8,684,863 shares CNY 34,999,997.89, Song Jianguo for 7,444,168 shares CNY 29,999,997.04, Jinan Guohui Luyin Industrial Investment Fund Partnership Enterprise (Limited Partnership) for 12,406,947 shares CNY 49,999,996.41, Caitong Fund Management Co., Ltd. For 22,456,575 shares CNY 90,499,997.25, GF Securities Co., Ltd. For 9,677,419 CNY 38,999,998.57, Nuode Asset Management Co., Ltd.for 30,409,429 shares CNY 122,549,998.87, Shaanxi Jinzi Fund Management Co., Ltd. for 19,851,116 shares CNY 79,999,997.48, Huatai Asset Management Co., Ltd. ? Huatai Youyi stock-specific pension products for 6,451,612 shares CNY 25,999,996.36, Cao Bin for 6,451,612 shares CNY 25,999,996.36, Allianz Insurance Asset Management Co., Ltd. ?

Allianz Wantai No. 3 asset management product for 49,627,791 shares CNY 199,999,997.73, CITIC Securities Asset Management Company Limited ? CITIC Securities Chang'an Huitong No.

1 Single Asset Management Plan for 37,456,583 shares CNY 150,950,029.49. Underwriting fees is CNY 18,000,000.