On 2 April 2026, Puxing Energy Limited released a clarification notice addressing specific definitions in its 30 March 2026 announcement concerning major and connected transactions.

The revised definitions are as follows:

1. AGM: The Company’s annual general meeting is scheduled for 10:00 a.m. on 22 May 2026 at the Second Floor Meeting Room, Wanxiang Group Corporation, No. 855 Jianshe 2nd Road, Xiaoshan District, Hangzhou, China, with provisions for any adjournment.

2. Deneng: Shunfa Deneng (Deqing) Power Co., Ltd., a PRC-incorporated entity directly held by Puxing Neng (HK) Limited and Bluesky Power Plant at stakes of 19% and 30% respectively as of the clarification date.

3. Quzhou: Shunfa (Quzhou) Thermal Power Co., Ltd., a PRC-incorporated company that operates as a direct wholly-owned subsidiary of Deneng.

No other sections of the 30 March 2026 announcement have been amended.

The board currently comprises six directors: three executive directors—Guan Dayuan, Wei Junyong, and Yuan Feng—and three independent non-executive directors—Wu Chongguo, Wu Ying, and Yu Wayne.