Gelonghui May 21 δΈ¨ Zhejiang Xinneng (600032wheeloffortuneuk.SH) AnnouncementwheeloffortuneukRecently, we received the "Letter of Commitment on Voluntary Not Reducing the Shares of the Company" issued by the company's controlling shareholder Zhejiang Province Energy Group Co., Ltd., and the company's controlling shareholder Zhejiang Energy Group voluntarily promised: From May 27, 2024, within 36 months, we will not voluntarily reduce the shares of the company it directly holds in any way. During the above-mentioned commitment period, if new shares are generated by the conversion of capital reserve into share capital, the distribution of stock dividends, the allotment of shares, etc., this commitment will also be complied with.

wheeloffortuneuk| Zhejiang Xinneng (600032.SH): The controlling shareholder voluntarily promises not to reduce its shares in the company