December fifteenth，Chengdu Xinzhu Road Bridge Machinery Co., Ltd.（Hereinafter referred to as Xinzhu Shares）Sichuan Xingxin Vanadium Technology Co., Ltd.（Hereinafter referred to as Xingxin Vanadium）Signed in Chengdu《Joint Venture Agreement》，The two sides will jointly invest in the establishment of Sichuan Development Xingxin Vanadium Energy Technology Co., Ltd.（Tentative name，Finally, the approval and registration of the industrial and commercial departments shall prevail.，Hereinafter referred to as the Joint Venture）。Sichuan Chuanwei Group Co., Ltd（Hereinafter referred to as Chuanwei Group）Director、Wang Sizhong, Chief Investment Officer and Party Secretary of Xinzhu Co., Ltd.、Chairman Xiao Guanghui attended and delivered a speech.。Deputy Party Secretary of Xinzhu Co., Ltd.、Director、General Manager Xia Yulong presided over the signing ceremony.。Xie Jianguo, Chief Engineer of Chuanwei Group，Zhang Chi, General Manager of Financial Center；Zhong Yunqing, Deputy General Manager of Chengyu Vanadium and Titanium；Liu Zaibo, Minister of Science and Technology of Transportation Management Center of Chuanwei Group，Liu Lin, Director of Compliance Department of Risk Control Center；Yang Xuefeng, chairman of Xingxin Vanadium；Pu Nianwen, Deputy Chief Engineer of Chengdu-Chongqing Vanadium and Titanium and General Manager of Sichuan Xingming Energy；Deputy Party Secretary of Xinzhu Co., Ltd.、Chief Financial Officer Jia Xiuying，Member of the Party Committee、Discipline Inspection Commission Secretary Xu Yiming，Secretary of the Board of Directors、Deputy General Manager Zhang Yang，Member of the Party Committee、Yang Li, deputy general manager，Member of the Party Committee、Head of the Organization Department of the Party Committee、Wang Xiaohong, chairman of the trade union, attended the signing ceremony.。

Secretary of Board of Directors of Xinzhu Co., Ltd.、Vice General Manager Zhang Yang and Chairman Yang Xuefeng of Xingxin Vanadium signed on behalf of both parties respectively.《Joint Venture Agreement》。The signing of this contract is to implement Xinzhu Stock and Neijiang Investment Holding Group Co., Ltd. on December 7, 2023.、Dalian Rongke Energy Storage Technology Development Co., Ltd.、Xingxin Vanadium signed a five-year contract《Strategic Cooperation Framework Agreement》，It intends to cooperate with the leading enterprises in the vanadium redox flow battery energy storage industry in China.，It is one of the important measures to lay out and develop vanadium battery related business.。

Director of Chuanwei Group、Wang Sizhong, Chief Investment Officer, on behalf of Chuanwei Group, successfully signed a joint venture between Xinzhu and Xingxin Vanadium.《Joint Venture Agreement》Warm congratulations。He said，The signing of the joint venture agreement marks the development of Sichuan.（Holding）The rapid landing of the strategic cooperation agreement between the limited liability company and Chuanwei Group，It also marks a substantial step in the joint layout of the all-vanadium redox flow battery short-process electrolyte industry project.！It is hoped that the joint venture company will earnestly implement the agreement.，Give full play to their respective advantages，Jointly build a first-class vanadium electrolyte specialized company in the industry，Promoting the Strategic Layout of Sichuan's New Energy Industry，High-quality development of new energy storage industry in China，Serve the construction of national new power system，Make due contribution to carbon peak and carbon neutralization！

Party Secretary of Xinzhu Co., Ltd.、Xiao Guanghui, chairman of the board of directors, said that the in-depth cooperation between the two sides and“Tie the knot in marriage”Warm congratulations。He told Wang Jin, chairman of Chuanwei Group, and members of the team about the development of Sichuan.（Holding）I would like to express my heartfelt thanks for the trust of Xinzhu shares and the team.。At the same time，It is expected that in the future, the joint venture company and the management team will trust each other on the basis of inheriting the essence of the shareholders' fine culture.、Firm confidence，Under the pattern of mutual tolerance and understanding，Integrate the cultures of both sides、Administration、System and team，Use“Do one's duty、Who but myself”Confidence is based on boundaries，Radiate the whole Sichuan，Face the whole country，Create the first-class vanadium electrolyte in the industry“Grind-Produce-Pin”Specialized company。

Office of the Board of Directors of New Shares、Investment Management Department、Operation Management Department、Relevant responsible comrades of the Organization Department of the Party Committee and relevant personnel of the preliminary working group of the joint venture company attended the signing ceremony.。