[Everglory-KY] Announcement: Our company's 2025 cash capital increase and new share issuance plan approved by China Securities Regulatory Commission

1. Date of occurrence of the event: 2026/05/07 2. Company name: Everglory Energy Technology Group Co., Ltd. 3. Relationship with the company (please enter "our company" or "subsidiary"): Our company 4. Mutual shareholding ratio: Not applicable 5. Reason for occurrence: Our company submitted a filing to the China Securities Regulatory Commission (CSRC) in accordance with the "Trial Administrative Measures for the Administration of Overseas Issuance and Listing of Securities by Domestic Enterprises." After review, approval has been granted. 6. Countermeasures: None. 7. Other matters that need to be specified (If the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities Exchange Act, which states matters that have a significant impact on shareholders' equity or securities prices): None.