CHINA RES GAS (01193) announced that on April 8, 2026, its indirectly wholly-owned subsidiary, Runchaochong Technology, entered into an equity transfer agreement with China Resources Financial Leasing. Pursuant to the agreement, Runchaochong Technology has agreed to purchase, and China Resources Financial Leasing has agreed to sell, a 100% equity interest in the total share capital of CR Energy Services for a consideration of approximately RMB 91.5192 million. CR Energy Services is a limited company established in China and, as of the date of this announcement, is a direct wholly-owned subsidiary of China Resources Financial Leasing. CR Energy Services is primarily engaged in the construction, operation, and contract energy management of new energy power stations. The Group believes the acquisition will allow it to fully leverage the strategic support value of CR Energy Services as a professional integrated energy platform company for the Group's business, as well as explore market expansion opportunities for currently held projects. Furthermore, as stated in the company's latest annual report, the Chinese government will continue to promote the development and utilization of less polluting energy sources, and the Group is committed to providing a safe and reliable supply of clean energy. Consequently, the Group believes the acquisition will enable it to enter the distributed photovoltaic power generation industry, which will help further accelerate its expansion and integration in the carbon and energy management services sector. The Directors (including the independent non-executive directors) consider the equity transfer agreement and the contemplated transactions thereunder to be fair and reasonable and entered into on normal commercial terms. Although the acquisition is not conducted in the ordinary course of the company's business, it is in the overall interests of the company and its shareholders.