Risen Energy’s executives follow-up on “orders posted on Moments”: one-time deduction of performance-based wages

　　Risen Energy’s mid-level managers “posted orders on Moments” has a follow-up.

　　On the evening of January 16, Risen Energy responded to the letter of concern, saying that the company had internally held Zhuang accountable for his inappropriate remarks. *In the internal report on disciplinary violations,

　　"Zhuang" in the announcement is Leon Chuang, global marketing director of Risen Energy.

Last week, Zhuang Yinghong released a screenshot of WeChat Moments that attracted great attention from the A-share market.

　　Zhuang Yinghong mentioned the scale of energy storage orders signed by the company in the circle of friends. He also interacted with Zhu Yue, the new chief analyst of China Securities Construction Investment, and discussed information such as battery component prices and non-silicon costs.

　　On January 11th and 12th, China Business News published "A Wonderful Event in the Photovoltaic Circle: Risen Risen Executives' Circle of Friends Reveals the Order Size, and the Seller's Chief "WeChat Survey"" (https://www.yicai.com/ news/101647528.html), "Risen Energy received a letter of concern from the Shenzhen Stock Exchange because senior executives posted orders in Moments of Friends to discuss cost prices with sellers" (https://www.yicai.com/news/101648191.html).

　　The letter of concern issued by the Shenzhen Stock Exchange requires Risen Energy to explain whether the relevant information released by Zhuang Yinghong in the circle of friends is undisclosed information and whether it violates the relevant regulations on information disclosure.

　　The information released by Zhuang Yinghong in Moments mainly includes two aspects, one is the company's energy storage orders, and the other is the non-silicon cost of battery components.

Risen Energy’s reply to the Shenzhen Stock Exchange stated that Zhuang Yinghong’s statement that “more than 4 GWh has been signed in hand in 23 years” is statistically different from the actual situation of the company’s energy storage business orders,

　　As for Zhuang Yinghong’s reply to sell-side analysts’ information about battery components and non-silicon costs in Moments, Risen Energy cited

　　At the same time, the letter of concern asked to verify whether the company's energy storage business orders in hand in 2023, the company's component costs, delivery prices and other information mentioned in media reports are true and accurate.

　　According to the announcement, Risen Energy's energy storage business is mainly carried and responsible for the company's holding subsidiary Shuangyili (Ningbo) Battery Co., Ltd. (hereinafter referred to as "Ningbo Shuangyili")

　　It is understood that the above-mentioned double-signed orders of about 1GWh are mainly orders that Risen Energy has signed business contracts with customers such as FlexGen and Jupiter; The intentional order for negotiation has not yet signed a formal business contract.

　　Risen Energy said that the company’s management and information disclosure staff had conducted in-depth reflections and reviews on the Moments incident, and believed that there were two main reasons for the incident: First, the company’s management and information disclosure work Relevant personnel do not pay enough attention to the compliance of information disclosure, and the implementation of the "Information Disclosure Management System" and the "Major Information Internal Confidentiality System" formulated by the company is insufficient; The heads of relevant responsible departments (including relevant personnel of the securities department, etc.) carry out training on information disclosure, which leads to the lack of supervision of information disclosure within the company.

　　As of the latest closing day, Risen Energy’s share price was 34.37 yuan per share.