Lead Power plans to publicly list and transfer 100% equity of its wholly-owned subsidiary Dazhi Chemical

Lead Power announced its plan to publicly list and transfer 100% equity of its wholly-owned subsidiary, Dazhi Chemical. Dazhi Chemical is the only subsidiary of the company engaged in surface engineering chemicals business. This transfer is based on the company's strategic transformation, focusing on energy storage batteries and comprehensive services in new energy. The assessed value of Dazhi Chemical is 68.4358 million yuan, and the starting price for the transfer is also 68.4358 million yuan, with the final transaction price subject to the results of the public listing. After the transfer, Lead Power will no longer hold equity in Dazhi Chemical