Golden Solar Silicon Science & Technology (Xu Zhou) Co. Ltd. entered into silicon wafer sales agreement with Taoistic Solar Technology (Changzhou) Co. Ltd. During the 12-month term commencing in August 2021, Golden Solar Xuzhou will supply not less than 100,000,000 pieces of cast monocrystalline silicon wafers and the monthly shipment volume and respective unit price of Cast-mono wafers shall be determined based on the separate sales agreement. Golden Solar Xuzhou signed a sales agreement with Taoistic Solar on 27 August 2021 to supply one million pieces of 158.75mm Cast-mono wafers at unit price of RMB 3.62 per piece which is much lower than the recent market price of RMB5.01 per piece according to PV InfoLink, the division of InfoLink Consulting Ltd. focusing on research of the solar photovoltaic industry. The above one million pieces of Cast-mono wafers are expected to be delivered to Taoistic Solar within this week. The delivery of the above mass production one million pieces of Cast-mono wafers by the Group has once again verified its success in transforming into a photovoltaic technology enterprise. The discount of around 30% as compared to the market price also demonstrates the cost advantage of the Cast-mono wafers of the Group. The Group will speed up the mass production of Cast-mono wafers and continue to supply cost-effective P-type and N-type Cast-mono wafers to contracted customers and potential customers.