Golden Crown Electric: a wholly owned subsidiary signed an EPC project general contract with Guangsheng Jian'an and Jinguan Electric Power.

[Golden Guan Electric: wholly-owned subsidiary signs EPC project general contract with Guangsheng Jian'an and Jinguan Electric] June 5, Golden Guan Electric announced that the wholly-owned subsidiary Intelligent switch signed the Dengzhou Electric vehicle charging Infrastructure Construction Project (Phase I) EPC project general contract with Guangsheng Jian'an and related party Jinguan Electric Power. The contract price is 50.4396 million yuan, of which the equipment involved in the intelligent switch is 26.93 million yuan. In addition, the e-commerce platform of State Grid Co., Ltd. announced the results of the winning candidates for the first material agreement inventory procurement of State Grid Zhejiang Electric Power Co., Ltd. in 2023. The company has won a total of two bid packages for lightning arrester products, with an estimated winning bid amount of 21.0255 million yuan, accounting for about 3.07% of the 2022 operating income.