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【Hongde Energy】Announcement of the Board of Directors' Resolution Not to Proceed with the Private Placement of Common Shares Approved at the Annual General Meeting in Year 114

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Hongde Energy announced that its Board of Directors has resolved not to proceed with the private placement of common shares that was approved at the Annual General Meeting in 2025. This decision was made based on the overall group operational strategy, and the plan, originally authorized until June 2, 2026, will now be canceled.

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