Securities Code: 688599 Securities Abbreviations: Trinhe Light Announcement Number: 2023-018

Trinhe Light Energy Co., Ltd.

Regarding the deposit of some unused raised funds in the form of agreement deposit.

Announcement

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear legal responsibility for the authenticity, accuracy and completeness of its contents in accordance with the law.

Important note:

Trinhe Light Energy Co., Ltd. (hereinafter referred to as "Trinhe Light Energy" and "the Company") on February 20, 2023

The 27th meeting of the second board of directors and the 24th meeting of the second board of supervisors were held on the same day, and the "Proposal on Depositing Some Unused Raised Funds in the form of Agreed Deposits" were reviewed and approved, and the company agreed that the company will not affect the normal implementation progress of the company's fund-raising investment projects, comply with relevant laws, regulations and regulatory documents, and do not harm the interests of the company or small and medium shareholders, deposit part of the unused proceeds on an agreed deposit. The specific situation is as follows:

Basic Information on Funds Raised by 1.

With the approval of the China Securities Regulatory Commission (CSRC [2023] No. 157) issued by the China Securities Regulatory Commission, the company issued 8,864,751 lots of convertible bonds to non-specific objects (88.64751 million sheets), each with a face value of a person.

RMB 100, the total amount of funds raised is 8,864,751,000.00 yuan, net of issuance expenses 48,650,279.85.

After RMB (excluding VAT), the net amount of funds raised is RMB 8,816,100,720.15. The above raised funds have been

All in place, verified by Rongcheng Certified Public Accountants (Special General Partnership), and on February 17, 2023

The capital verification report of Rong Cheng Yan Zi [2023] 200Z0002 was issued.

The company has adopted a special account storage system for the raised funds. The above net raised funds after deducting the issuance expenses are all deposited in the company's special account for raised funds established with the approval of the board of directors. The company has signed the "Tripartite Supervision Agreement on Special Account Storage of Raised Funds of Trinhe Guangneng Co., Ltd." and "Quadrilateral Supervision Agreement on Special Account Storage of Raised Funds of Trinhe Guangneng Co., Ltd."

2. the basic information on the deposit of some unused proceeds in the form of agreement deposits.

In order to improve the efficiency of the use of funds, increase storage income, and protect the rights and interests of investors, in accordance with the "Guidelines for the Supervision of Listed Companies No. 2-Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies" and "Self-discipline of Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange Supervision Guidelines No. 1-Standardized Operation" and other relevant laws, regulations and regulatory documents, as well as relevant provisions of company systems and regulatory agreements, without affecting the normal implementation progress of the company's raised funds investment projects, the company intends to deposit the deposit balance of part of the convertible bonds raised funds in the form of agreement deposits, and authorize the company's financial director to adjust the use of the raised funds according to the raised funds investment plan. The balance of the agreement deposit shall not exceed 12 months after the board of directors has reviewed and approved it.

The Impact of 3. on the Company's Daily Operations

Under the premise of complying with national laws and regulations, ensuring that the normal operation of the company, the normal operation of the company's fund-raising investment plan and the safety of the raised funds, the company's deposit of some unused raised funds in the form of agreed deposits will not affect the company's daily operation and the investment of raised funds The normal development of the project can improve the efficiency of the company's capital use and increase the storage income, which is in the interests of the company and all shareholders.

4. Investment Risks and Risk Control Measures

The company will be part of the unused raised funds in the form of agreement deposits, high security, good liquidity, risk control. In accordance with the principle of separation of decision-making, execution and supervision functions, the company has established sound business approval and execution procedures to ensure the effective development and standardized operation of agreed deposit matters and the safety of raised funds. Independent directors and the board of supervisors have the right to supervise and inspect the use of funds, and may hire professional institutions to conduct audits when necessary.

5. relevant approval procedures and audit opinions

On February 20, 2023, the 27th meeting of the second board of directors and the second board of supervisors of the company

The 14th meeting respectively deliberated and passed the proposal on depositing some unused raised funds in the form of agreement deposit. The independent directors of the company expressed their independent opinions on the matter. The proposal is within the scope of the approval authority of the board of directors and does not need to be submitted to the general meeting of shareholders for approval.

After review, the board of directors believes that the deposit of some unused raised funds in the form of agreement deposits will not affect the normal implementation progress of the company's raised funds investment projects, in line with relevant laws, regulations and normative documents.

There is no harm to the interests of the company or small and medium-sized shareholders, and it is agreed that the company will deposit part of the unused proceeds in the form of agreed deposits.

After review, the board of supervisors believes that the deposit of some unused raised funds in the form of agreement deposits will not affect the normal implementation progress of the company's raised funds investment projects, comply with the provisions of relevant laws, regulations and regulatory documents, and there is no harm to the company or small and medium shareholders. In the case of interests, it is agreed that the company will deposit part of the unused raised funds in the form of agreement deposits.

The independent directors believe that under the premise of ensuring that the development and use plan of the raised funds project is not affected, the company's convertible bond deposit balance is deposited in the form of an agreement deposit, and the company's financial director is authorized to use the raised funds according to the raised funds investment plan Adjusting the balance of the agreement deposit will help improve the efficiency of the use of the raised funds, and there is no situation that harms the interests of the company and all shareholders, especially small and medium shareholders, in line with the provisions of the "Guidelines for the Supervision of Listed Companies No. 2-Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies" and "Guidelines for the Self-Regulation of Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1-Standardized Operation" and other relevant systems. It was therefore agreed that the Company would deposit some of the unused proceeds on agreed deposit.

Verification Opinions of 6. Sponsors

After verification, the sponsor believes that: the company has formulated an internal control system for the storage and use of raised funds in accordance with relevant laws and regulations, the company implements special account storage management of raised funds, and signed a supervision agreement on raised funds. The company deposits part of the unused raised funds in the form of agreed deposits, which does not affect the normal progress of the investment projects of the raised funds, and there is no disguised change in the use of the raised funds; the above matters have been reviewed and approved by the company's board of directors and the board of supervisors, and the independent directors have issued a clear agreement Opinions and fulfilled the necessary approval procedures; the above matters are in line with the "Guidelines for the Supervision of Listed Companies No. 2-Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies", "Guidelines for the Self-Regulation of Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1-Standardized Operation" and other relevant laws and regulations Provisions: The above matters increase the storage income without affecting the use of the raised funds, which is in the interests of the company and all shareholders. The sponsor has no objection to the company's deposit of some of the unused proceeds in the form of agreed deposits.

It is hereby announced.

Board of Directors of Trinhe Light Energy Co., Ltd.

21 Feb 2023