Recently, China Energy Conservation and Solar Energy Co., Ltd. has made significant progress in issuing convertible corporate bonds to unspecified entities. The project was approved by the Listing Review Committee of the Shenzhen Stock Exchange on December 6, 2024, and officially launched for issuance on March 26, 2025. As of April 2, the original shareholders' priority allocation, online investors' subscription, and payment work have been successfully completed, raising a total of 2.95 billion yuan.

This project is an important refinancing project undertaken by Lawyer Gao Peng for listed companies in recent years. In this project, Lawyer Gao Peng provided professional legal services throughout the entire process for the China Energy Conservation Corporation's solar convertible bond project. Lawyer Gao Peng, with his profound professional knowledge, rich practical experience, and rigorous and responsible work attitude, ensured that the project strictly followed relevant laws, regulations, and regulatory requirements from the early preparation and due diligence of the project, to the preparation of application materials, response to review feedback, and ultimately successful issuance.

The project team of Gaopeng Law Firm is composed of Senior Partner Han Bing, Senior Partner Jiang Liyong, Lawyer Xian Yu, and Lawyer Qin Yi. The core committee of Gaopeng Law Firm has also done a lot of work on the core work of this project.

The success of this convertible bond issuance not only injects new development momentum into China Energy Conservation and Solar Energy, helping it further expand the scale of photovoltaic power plant construction and enhance market competitiveness, but also fully demonstrates the professional strength of Gaopeng Law Firm in the field of capital market legal services. Gaopeng Law Firm will continue to uphold the service philosophy of professionalism, efficiency, and responsibility, to safeguard the capital market operations of more enterprises and assist them in achieving high-quality development.

Gaopeng Law Firm congratulates the smooth completion and issuance of this project.