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[XING NENG HIGH-TECH] Announcement Regarding the Expiration of Terms of Directors and Supervisors of Important Subsidiary Kunshan Xinneng Energy Technology Co., Ltd.

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XING NENG HIGH-TECH announced that all current directors and supervisors of its important subsidiary, Kunshan Xinneng Energy Technology Co., Ltd., have been re-appointed following the expiration of their terms, ensuring management continuity.

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