【Yingli-KY】Board of Directors Approves Authorization for Chairman to Dispose of Securities

1. Security Name:
Changchun Yingli Auto Parts Co., Ltd. Common Stock
2. Transaction Date: 2026/4/8~2026/4/8
3. Board Resolution Date: April 8, 2026
4. Other Approval Dates: Not applicable
5. Transaction Volume, Price per Unit, and Total Transaction Amount:
Transaction Volume: Not exceeding 47,573,578 shares
Price per Unit (NTD): Disposal through centralized bidding and block trading on the Shanghai Stock Exchange
Total Transaction Amount (NTD): Depends on the actual number of shares traded
6. Disposal Profit (or Loss) (Not applicable to acquirers of securities):
Changchun Yingli Auto Parts Co., Ltd. is a subsidiary of the Company. In accordance with International Financial Reporting Standards (IFRS), the difference between the disposal price and the book value will be recognized as capital reserves and will not be included in profit or loss.
7. Relationship with the Transacting Company:
A subsidiary of the Company
8. Cumulative Holdings of these Securities (including this transaction) to Date: Quantity, Amount, Shareholding Ratio, and Encumbrances (e.g., pledges):
(1) Cumulative Holdings: 1,251,130,814 shares
(2) Cumulative Amount: NTD 14,739,468 thousand
(3) Shareholding Ratio: 78.90%
(4) Encumbrances: None
9. Cumulative Investment in Securities (including this transaction) as listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" as a Percentage of the Company's Latest Financial Report's Total Assets and Equity Attributable to Owners of the Parent, and the Amount of Working Capital in the Latest Financial Report:
Percentage of Total Assets: 96.82%
Percentage of Equity Attributable to Owners of the Parent: 135.05%
Working Capital Amount: NTD -1,489,040 thousand
10. Specific Purpose of Acquisition or Disposal:
Improve financial structure
11. Opinions of Dissenting Directors on this Transaction:
None
12. This transaction is a related party transaction:
No
13. Counterparty and its Relationship with the Company:
Not applicable
14. Date of Approval by Supervisors or Audit Committee:
2026/04/08
15. Date of Previous Major Information Disclosure on the Same Event: Not applicable
16. Other Explanations:
(1) It is planned to dispose of a total of not more than 47,573,578 shares of Changchun Yingli Auto Parts Co., Ltd., which is not more than 3% of its total share capital, through centralized bidding and block trading on the Shanghai Stock Exchange.
(2) For centralized bidding, the total number of shares disposed of shall not exceed 1% of the total shares of Changchun Yingli Auto Parts Co., Ltd., i.e., not more than 15,857,859 shares, within any consecutive 90-day period; for block trading, the total number of shares disposed of shall not exceed 2% of the total shares of Changchun Yingli Auto Parts Co., Ltd., i.e., not more than 31,715,719 shares, within any consecutive 90-day period.
(3) The Chairman is authorized to handle this matter within one year from the date of the board resolution in accordance with relevant laws, regulations, and normative documents of the Shanghai Stock Exchange.
(4) The above transaction is subject to approval by the Shanghai Stock Exchange before implementation.