Stock Code: 603577   Short Form of Stock: Huijintong     Announcement No.: 2021-014  Qingdao Huijintong Power Equipment Co.,Ltd.

On January 20, 2021, Qingdao Huijintong Power Equipment Co., Ltd. received a notice from Qingdao Huadian Testing Technology Service Co., Ltd. (Hereinafter referred to as "Huadian Testing") which is a wholly-owned subsidiary, on completing the change of business scope.

With the approval of Jiaozhou Administrative Examination and Approval Service Bureau, the registration procedures of industrial and commercial change have been completed and a new business license has been obtained.

After the change of industrial and commercial registration, the relevant registration information of Huadian Testing is as follows:

Unified social credit Code: 91370281MA3DJYAA6A

Announcement on Change of Business Scope of Wholly Owned Subsidiary.pdf