The board of directors of Tianneng Power International Limited (the "Company") informed shareholders of the Company and potential investors that, based on the information currently available to the management, Tianneng Battery Group Co., Ltd. ("Tianneng Share") is expected to record an increase in revenue and profit for the nine months ended 30 September 2022. Tianneng Share's revenue for the nine months ended 30 September 2022 is expected to increase by approximately RMB 3,250 million to RMB 3,350 million (unaudited) compared to the same period last year (Tianneng Share's revenue for the nine months ended 30 September 2021: approximately RMB 26,748.9705 million), representing a year-on-year increase of approximately 12.00% to 12.50%. Tianneng Share's net profit attributable to the owners of the Company is expected to increase by approximately RMB 330 million to RMB 380 million (unaudited) compared to the same period last year (Tianneng Share's net profit attributable to the owners of the Company for the nine months ended 30 September 2021: approximately RMB 1,065.5389 million), representing a year-on-year increase of approximately 31.00% to 36.00%.

Tianneng Share's net profit attributable to the owners of the Company after deducting non-recurring gains or losses is expected to increase by approximately RMB 290 million to RMB 340 million (unaudited) compared to the same period last year (Tianneng Share's net profit attributable to the owners of the Company after deducting non-recurring gains or losses for the nine months ended 30 September 2021: approximately RMB 773.7547 million), representing a year-on-year increase of approximately 38.00% to 44.00%.