The Board of China Lesso Group Holdings Limited announced that on 31 January 2024 (after trading hours), the Company entered into the Supply Agreement with Yan Sing Fu Sing, a company ultimately and wholly-owned by four connected persons of the Company, in relation to the possible supply of building materials, new energy solutions and renovation services by the Group to Yan Sing Fu Sing during the years ending 31 December 2024, 31 December 2025 and 31 December 2026 at a price no more favorable than the price offered by the Group to any Independent Third Parties. Term: 36 months commencing with retrospective effect from 1 January 2024 and ending on 31 December 2026. The Supply Agreement is a master agreement which governs the supply and provision of building materials, new energy solutions and renovation services between the Group and Yan Sing Fu Sing.

Pursuant to the Supply Agreement, the Group agreed to supply (on a non-exclusive basis) building materials and new energy solutions and provide renovation services, and Yan Sing Fu Sing agreed to purchase (on a non-exclusive basis) such products and services from the Group. The Group and Yan Sing Fu Sing will enter into separate sales order for each sale from time to time, which shall stipulate the product quantity and/or service details, delivery details as well as price for each such sale.