Concord New Energy Group Limited announced that, after trading hours on 31 October 2025, its wholly-owned subsidiaries (the Owners) entered into EPC (Engineering, Procurement, and Construction) agreements with DaeBo Energy Solution Co., Ltd., a company incorporated in the Republic of Korea. Under these agreements, DaeBo will undertake the engineering, procurement, and construction of solar power electrical generating facilities for the Group. The Directors consider the terms of the EPC agreements to be on normal commercial terms and in the interests of the Company and its shareholders as a whole. The transaction constitutes a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules, as the applicable percentage ratio for all the EPC agreements collectively exceeds 5% but is less than 25%.