Ming Yang Smart Energy Group Limited announced a private placement to issue A shares at an issue price of not lower than 80% of the average trading price of the company shares in the 20 trading days before the pricing reference date on January 22, 2026. The transaction will include participation from not more than 35 specific investors. The transaction has been approved in the Company?s 30th meeting of the 3rd board of directors, subject to another meeting of the board of directors to review and approve the formal plan, the Company?s shareholders, from Shanghai Stock Exchange and from China Securities Regulatory Commission.