/Jiantou Energy: Hebei Jiantou Energy Investment Co., Ltd. issued stock listing announcement to specific targets

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Jiantou Energy: Hebei Jiantou Energy Investment Co., Ltd. issued stock listing announcement to specific targets

Shenzhen Stock Exchange

2026/09/04

Stock code: 000600 Stock abbreviation: Jiantou Energy

Hebei Jiantou Energy Investment Co., Ltd. issues stock listing announcement to specific targets

Sponsor (Lead Underwriter)

Joint lead underwriter

September 2026

Statement from all directors and senior managers of the issuer

All directors and senior managers of the company promise that there are no false records, misleading statements or major omissions in this listing announcement, and bear corresponding legal responsibility for its authenticity, accuracy and completeness.

Signature of all directors:

Qin Gang, Wang Jianfeng, Li Jianhui, Deng Yanbin, Wang Tao, Li Guodong, Zhao Lihong, Cai Ningsheng, Sun Zhengyun Signatures of senior managers other than directors who concurrently serve as senior managers:

Sun Yuan Zhu Haitao Jin Yongliang Zhang Zhiyong Zhang Zhen

Hebei Jiantou Energy Investment Co., Ltd.

year month day

Statement from all members of the issuer’s audit and risk management committee

All members of the Company's Audit and Risk Management Committee promise that there are no false records, misleading statements or major omissions in this listing announcement, and bear corresponding legal responsibility for its authenticity, accuracy and completeness. Signatures of all members of the Audit and Risk Management Committee:

Zhao Lihong Sun Zhengyun Li Jianhui

Hebei Jiantou Energy Investment Co., Ltd.

year month day

Special reminder

1. Number and price of shares issued

Number of shares issued: 231,141,279 shares
Issuing stock price: 7.32 yuan/share
Total funds raised: 1,691,954,162.28 yuan
Net amount of funds raised: 1,687,772,673.49 yuan

2. New stock listing arrangements

Number of shares listed: 231,141,279 shares
Stock listing time: September 7, 2026 (the first day of listing). The company’s stock price will not be ex-rights on the listing date of new shares, and stock trading will have price limits.

3. Arrangement of restricted sales period for issuance objects

After the issuance of stocks is completed, the stocks issued to specific objects subscribed by the issuance targets shall not be transferred within 6 months from the date of listing, starting from September 7, 2026 (the first day of listing). The shares issued by the company acquired by the target of this issuance and derived from the company's distribution of stock dividends, transfer of capital reserves, etc. shall also comply with the above-mentioned share locking arrangements. If the China Securities Regulatory Commission has other regulations or requirements, those regulations or requirements shall prevail.

After the completion of this issuance, the company's equity distribution will comply with the listing requirements of the Shenzhen Stock Exchange, and will not lead to situations that do not meet the stock listing conditions.

Section 1 Basic Information of the Company

Chinese name: Hebei Jiantou Energy Investment Co., Ltd.

English name HCIG Energy Investment Co.,Ltd

Legal representative Wang Jianfeng

Company establishment date January 18, 1994

Registered address: No. 9, Yuhua West Road, Shijiazhuang City

Office address: Floor 17, Tower A, Yuyuan Plaza, No. 9 Yuhua West Road, Shijiazhuang City, Hebei Province

Company website https://www.jei.com.cn/

Stock code 000600

Stock abbreviation Jiantou Energy

Actual controller: State-owned Assets Supervision and Administration Commission of Hebei Provincial People’s Government

Registered capital 1,803,234,376 yuan

Secretary of the Board of Directors Sun Yuan

Contact number 0311-85518633

Investment, construction, operation and management of energy projects mainly focused on power production; leasing of self-owned houses; (the following limited branch business scope): wholesale and retail of accommodation, Chinese and Western food, food, tobacco (retail), wine (retail), daily necessities, Wujinjiaodian, arts and crafts, steel, clothing, knitwear, cultural supplies; wholesale and retail of beauty, hairdressing, building materials, decorative materials, cold and hot drinks; warehousing, cleaning services; photography, copying; singing and dancing. Parking lot services; liquor business scope

Store management; property services; business management consulting; sales of hotel supplies and health foods (operated with a license); conference services; food processing (branch only); food technology research and development, technical consulting, technology transfer; sales of electronic products, cosmetics, and general labor protection supplies; organizing cultural and artistic exchange event planning; corporate marketing planning. (Projects that require approval according to law can only be carried out with approval from relevant departments)

According to the "National Economic Industry Classification" (GB/T4754-2017), the company's industry is electric power, and its industry

Heat production and supply industry (D44)

Main business: investment, construction, operation and management of energy projects focusing on power production

Unified credit code 91130100236018805C

Date of launch: June 6, 1996

Stock listing place Shenzhen Stock Exchange

Section 2 Information on the Issuance of New Shares

1. Issuance type and face value

The types of stocks issued to specific targets this time are domestically listed RMB ordinary shares (A shares), with a face value of RMB 1.00.

2. Brief description of relevant procedures and issuance process of this issuance

(1) Approval and authorization from Jiantou Energy and its controlling shareholders

On August 15, 2025, Jiantou Energy held the seventh meeting of the tenth board of directors and reviewed and approved the relevant resolutions on the issuance of shares to specific objects.

On August 26, 2025, Hebei Jiantou Group issued the "Reply on Approval of Hebei Jiantou Energy Investment Co., Ltd.'s Plan to Issuance of Stocks to Specific Objects" (Hebei Jiantou Energy Investment Co., Ltd. [2025] No. 1), agreeing to the issuer's overall plan for this issuance.

On September 5, 2025, Jiantou Energy held the fourth extraordinary shareholders' meeting in 2025, and reviewed and approved the relevant resolutions on the issuance of shares to specific objects.

(2) Other approval procedures for this issuance

On February 6, 2026, the company received the "Letter of Opinions of the Review Center Regarding Hebei Jiantou Energy Investment Co., Ltd.'s Application for Issuing Stocks to Specific Objects" issued by the Listing Review Center of the Shenzhen Stock Exchange, believing that the company's issuance complies with the issuance conditions, listing conditions and information disclosure requirements.

On April 1, 2026, the China Securities Regulatory Commission issued the "Reply on Approving the Registration of Hebei Jiantou Energy Investment Co., Ltd. to Issuance of Stocks to Specific Objects" (CSRC Permit [2026] No. 700), approving the company's registration application for issuance of stocks to specific objects.

(3) Issuance process

Sending of subscription invitations

The issuer and lead underwriter submitted to the Shenzhen Stock Exchange on July 20, 2026, the "List of Investors to whom Hebei Jiantou Energy Investment Co., Ltd. intends to issue subscription invitations for issuing stocks to specific objects" and other relevant attachments to the issuance and underwriting plan, including the issuer's top 20 shareholders (excluding related parties), 36 fund companies, 35 securities companies, 22 insurance institutions and 166 insurance institutions as of the market close on July 10, 2026. investors who have expressed their intention to subscribe.

After the issuer and the lead underwriter submitted the above list, one new investor expressed his intention to subscribe. In order to promote the smooth completion of this issuance, the issuer and the lead underwriter specifically applied to add this investor on the basis of the previously submitted "List of investors to whom Hebei Jiantou Energy Investment Co., Ltd. plans to issue subscription invitation letters when issuing shares to specific objects." The details are as follows:

Serial number Investor name

1 Shanghai Yiluo Private Equity Fund Management Co., Ltd.

Witnessed by Beijing Zhonglun Law Firm, as of the T day of the issuance (August 14, 2026), the issuer and the lead underwriter sent attachments such as the "Subscription Invitation" and the "Hebei Jiantou Energy Investment Co., Ltd.'s Issuance of Stocks to Specific Targets Subscription Quotation" (hereinafter referred to as the "Subscription Quotation") to the above-mentioned investors who meet the relevant conditions by email or mail, inviting the above-mentioned investors to participate in this issuance subscription.

After verification, the content, delivery scope and delivery process of the subscription invitation document comply with the requirements of relevant laws, regulations and rules such as the "Registration Management Measures" and "Implementation Rules", and comply with the issuer's shareholders' meeting and board resolutions regarding this issuance, as well as the issuance plan documents submitted to the Shenzhen Stock Exchange. At the same time, the subscription invitation document truly, accurately and completely informs investors in advance of the specific rules and time arrangements for selecting issuance objects, determining subscription prices, and allocating quantities.

The objects of this issuance of stocks to specific objects do not include the controlling shareholders, actual controllers, directors, senior managers of the company and the lead underwriters, and their related parties that control or exert significant influence. There is also no situation where the above-mentioned institutions and personnel participate in the subscription of this issuance directly or indirectly. In this issuance, there is no situation where the listed company and its controlling shareholders, actual controllers, and major shareholders make a guarantee of guaranteed income or a disguised guarantee of income to the issuer, or provide financial assistance or compensation to the issuer through stakeholders.

Subscription quotations for this issuance

Within the time specified in the "Subscription Invitation", that is, from 9:00 to 12:00 a.m. on August 14, 2026 (T day), under the full witness of lawyers from Beijing Zhonglun Law Firm, the lead underwriter received a total of For the subscription quotations of the 13 subscription targets, all investors have submitted all subscription documents on time and completely, and paid deposits in full and on time (public funds, qualified foreign institutional investors, and RMB qualified foreign institutional investors do not need to pay). The quotations are all valid quotations, and the valid quotation range is 6.96 yuan/share-8.05 yuan/share. The specific subscription quotations are as shown in the table below:

Subscription price Subscription amount Whether it is on time and sufficient Whether it has a serial number Name of the subscriber

(yuan/share) (ten thousand yuan) Amount of deposit paid Effective subscription 1 Deyu Steel Union Trading (Zhoushan) Co., Ltd. 7.00 10,000 Yes Yes

8.04 6,000

2 CITIC Securities Asset Management Co., Ltd. Yes Yes 7.69 9,000

8.00 5,000

3 Heilongjiang Venture Capital Co., Ltd. 7.40 8,000 Yes Yes

7.00 10,000

4 China Galaxy Asset Management Co., Ltd. 7.38 12,000 Yes Yes

7.11 5,000

5 UBSAG N/A Yes

7.02 5,400

6 China Universal Fund Management Co., Ltd. 7.29 5,640 Not applicable Yes 7 Huatai Asset Management Co., Ltd. 7.56 7,100 Yes Yes

7.51 8,680

8 GF Securities Co., Ltd. 7.25 12,180 Yes Yes 6.96 16,480

8.05 8,500

9 E Fund Management Co., Ltd. Not applicable Yes

7.88 9,300

10 China Life Asset Management Co., Ltd. 7.32 5,000 Yes Yes

7.49 14,360

11 Nord Fund Management Co., Ltd. 7.46 14,560 Not applicable Yes 7.09 19,580

7.57 7,930

12 Caitong Fund Management Co., Ltd. 7.32 22,830 Not applicable Yes

7.05 24,530

13 CCCC Capital Holdings Co., Ltd. 8.00 75,000 Yes Yes

Confirmed investor share allotment situation

Based on investors' subscription quotations and in strict accordance with the procedures and rules for the issuance price, issuance objects and number of allocated shares determined in the "Subscription Invitation", the issuance price was determined to be 7.32 yuan per share, the number of shares issued this time was 231,141,279 shares, and the total amount of funds raised was 1,691,954,162.28 yuan. The number of targets for this issuance is determined to be 10. The final details of the issuance targets, the number of allotted shares and the amount of allotment are as follows:

Serial number of the restricted period, name of the subscriber, number of allotted shares (shares), allotted amount (yuan)

(Month) 1 CCCC Capital Holdings Co., Ltd. 102,459,016 749,999,997.12 6 2 Caitong Fund Management Co., Ltd. 31,188,524 228,299,995.68 6 3 Nord Fund Management Co., Ltd. 19,890,710 145,599,997.20 6 4 China Galaxy Asset Management Co., Ltd. 16,393,442 119,999,995.44 6 5 E Fund Management Co., Ltd. 12,704,918 92,999,999.76 6 6 CITIC Securities Asset Management Co., Ltd. 12,295,081 89,999,992.92 6 7 GF Securities Co., Ltd. 11,857,923 86,799,996.36 6 8 Heilongjiang Venture Capital Co., Ltd. 10,928,961 79,999,994.52 6 9 Huatai Asset Management Co., Ltd. 9,699,453 70,999,995.96 6 10 China Life Asset Management Co., Ltd. 3,723,251 27,254,197.32 6

Total 231,141,279 1,691,954,162.28 -

3. Release time

The issuance time is August 14, 2026 (T-day).

4. Distribution method

This issuance will all take the form of issuing shares to specific targets.

5. Issuance quantity

According to the issuer's "Hebei Jiantou Energy Investment Co., Ltd.'s Prospectus for Issuing Stocks to Specific Objects", the number of shares issued to specific objects this time is calculated by dividing the total amount of funds raised by this issuance of stocks to specific objects by the final issuance price, and shall not exceed 30% of the company's total share capital before the issuance, and shall not exceed 231,141,279 shares (including the principal number).

According to the issuer's "Hebei Jiantou Energy Investment Co., Ltd.'s Stock Issuance Plan to Specific Objects" (hereinafter referred to as the "Issuance Plan"), the total amount of funds raised by this issuance of stocks to specific objects does not exceed 2,000,000 yuan (inclusive), and the number of shares to be issued is 231,141,279 shares (the upper limit of the raised funds of 2,000,000 yuan divided by the lowest price of this issuance of 6.95 yuan/share and 231,141,279 shares). The lower value of the shares) shall not exceed 30% of the company's total share capital before the issuance.

According to the subscription quotations of the issuance objects, the actual number of shares issued to specific objects this time is 231,141,279 shares, and the total amount of funds raised is 1,691,954,162.28 Yuan, all issued by issuing shares to specific targets, did not exceed the maximum issuance number approved by the company's board of directors and shareholders' meeting and approved by the China Securities Regulatory Commission, did not exceed the number of shares to be issued (i.e. 231,141,279 shares) stipulated in the "Issue Plan" reported to the Shenzhen Stock Exchange, and exceeded 70% of the number of shares to be issued this time.

6. Issuance price

The pricing base date of this issuance to specific objects is the first day of the issuance period of this issuance of stocks to specific objects, that is, August 12, 2026. The issuance price of this issuance of stocks to specific objects shall not be lower than 80% of the average trading price of the company’s stocks in the 20 trading days before the pricing base date (20% before the pricing base date). The average stock trading price per trading day = the total stock trading volume in the 20 trading days before the pricing base day / the total stock trading volume in the 20 trading days before the pricing base day), and shall not be lower than the audited net assets per share attributable to the common shareholders of the parent company at the end of the most recent period before the issuance.

Beijing Zhonglun Law Firm witnessed the entire process of investor subscription invitation and subscription quotation for this issuance. Based on investors' subscription quotations and in strict accordance with the procedures and principles for determining the issuance price, issuance objects and the number of shares allocated in the "Subscription Invitation", the issuer and the lead underwriter determined that the issuance price is 7.32 yuan per share, and the ratio of the issuance price to the issuance floor price is 105.32%.

7. Amount of funds raised and issuance fees

The total amount of funds raised in this issuance is RMB 1,691,954,162.28. After deducting the relevant tax-exclusive issuance expenses of RMB 4,181,488.79, the net amount of funds raised is RMB 1,687,772,673.49.

8. Receipt of raised funds and capital verification

On August 14, 2026, Jiantou Energy and the lead underwriter issued "Payment Notices" to 10 issuance targets. The above-mentioned issuance targets remitted the subscription funds to the special account designated for this issuance, and all subscription funds were paid in cash.

According to the "Capital Verification Report on the Availability of Funds for China Securities Co., Ltd.'s Underwriting of Hebei Jiantou Energy Investment Co., Ltd.'s Issuance of Stocks to Specific Objects" issued by Lixin Accounting Firm (Special General Partnership) (Xin Huishi Baozi [2026] No. ZB11560), as of August 19, 2026, CITIC Securities Co., Ltd. has received stock subscription payments totaling RMB from 10 specific investors. 1,691,954,162.28 yuan. All subscription funds will be remitted to the designated account in the form of RMB cash.

On August 20, 2026, CITIC Securities will transfer the remaining amount of the above-mentioned subscription amount after deducting the underwriting fee to the issuer's designated account.

According to the "Capital Verification Report on the New Registered Capital and Share Capital of Hebei Jiantou Energy Investment Co., Ltd. as of August 20, 2026" issued by Lixin Accounting Firm (Special General Partnership) on August 20, 2026 (Xin Huishi Baozi [2026] No. ZB11561), as of August 20, 2026, Jiantou Energy has actually issued RMB ordinary shares (A shares) 231,141,279 shares, the issuance price is 7.32 yuan per share, the total amount of funds raised by this issuance of shares is RMB 1,691,954,162.28 yuan, and the net amount of funds raised after deducting the issuance expenses of 4,181,488.79 yuan (excluding value-added tax) is RMB 1,687,772,673.49 yuan, of which the share capital is increased by RMB 231,141,279.00 yuan, increasing the capital reserve by RMB 1,456,631,394.49.

9. Establishment of special account for raised funds and signing of tripartite supervision agreement

The company has established a special account for raised funds for the storage, management and use of funds raised from the issuance of stocks to specific objects. In accordance with relevant regulations, it has signed a three-party supervision agreement for raised funds with the commercial bank and sponsor where the raised funds are deposited.

10. New share registration and custody situation

On August 28, 2026, the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. issued a "Confirmation of Acceptance of Share Registration Application" to the company. It has accepted the company's registration application materials for the issuance of new shares. After the relevant shares are registered, they will be officially included in the shareholder list of the listed company.

11. Subscription of shares by issuers

(1) Basic information on the issuance objects

CCCC Capital Holdings Co., Ltd.

Company name CCCC Capital Holdings Co., Ltd.

Unified social credit code 91110107MA04E5WF7T

Date of establishment August 18, 2021

Enterprise type limited liability company (sole proprietorship of legal person)

Registered capital 10 million yuan

Residence: Room 936, Floor 9, Building 3, No. 32 Jinfu Road, Shijingshan District, Beijing Legal Representative Xu Hanzhou

Corporate headquarters management; investment management; investment and asset management; investment consulting; consulting strategy

planning services; technology development, technology consulting, technology transfer, and technology services. (The main business scope of the market entities shall independently select business projects and carry out business activities in accordance with the law; projects that require approval in accordance with the law shall carry out business activities in accordance with the approved content after approval by the relevant departments; they shall not engage in business activities of projects prohibited or restricted by national and municipal industrial policies.)

Caitong Fund Management Co., Ltd.

Company name Caitong Fund Management Co., Ltd.

Unified social credit code 91310000577433812A

Date of establishment: June 21, 2011

Business Type Other Limited Liability Company

Registered capital 200 million yuan

Address: Room 505, No. 619 Wusong Road, Hongkou District, Shanghai

Legal representative Wu Linhui

Fund raising, fund sales, specific client asset management, asset management and other businesses permitted by the China Securities Regulatory Commission. [Projects that require approval according to law can only be carried out with the approval of relevant departments]

Nord Fund Management Co., Ltd.

Company name Nord Fund Management Co., Ltd.

Unified social credit code 91310000717866186P

Established on June 8, 2006

Business Type Other Limited Liability Company

Registered capital 100 million yuan

Address: Floor 18, No. 99, Fucheng Road, China (Shanghai) Pilot Free Trade Zone Company name: Nord Fund Management Co., Ltd.

Legal representative Zheng Chengwu

(1) Launch, establish and sell securities investment funds; (2) Manage securities investment funds; (3) Other businesses approved by the China Securities Regulatory Commission. [Projects that require approval according to law can only be carried out with the approval of relevant departments]

China Galaxy Asset Management Co., Ltd.

Company name China Galaxy Asset Management Co., Ltd.

Unified social credit code 91110000780951519W

Established on September 30, 2005

Business Type Other Limited Liability Company

Registered capital 1,050,242,483,852 yuan

Room 222-225, 2nd Floor, Building C, International Enterprise Building, No. 35 Financial Street, Xicheng District, Beijing, Residence

11th floor, 12th floor, 15th floor

Legal representative Wan Jianfa

Acquisition, entrusted operation of non-performing assets of financial institutions, management, investment and disposal of non-performing assets; debt-to-equity swap, investment, management and disposal of equity assets; investment in fixed-income securities; issuance of financial bonds, inter-bank lending and commercial financing from other financial institutions; bankruptcy management; financial, investment, legal and risk management consulting and consulting; asset and project evaluation; approved asset securitization business, financial institution custody and closure and liquidation business; non-financial institution non-performing asset business; business scope of the State Council Banking Supervision and Management Authority Other businesses approved. (“1. Without the approval of relevant departments, funds shall not be raised in a public manner; 2. Securities products and financial derivatives trading activities shall not be carried out publicly; 3. Loans shall not be granted; 4. Guarantees shall not be provided to other enterprises other than the invested enterprises; 5. Investment principal shall not be promised to investors "without loss or with the promise of minimum profits"; market entities independently select business projects and carry out business activities in accordance with the law; projects that require approval in accordance with the law, carry out business activities in accordance with the approved content after approval by relevant departments; they are not allowed to engage in business activities that are prohibited or restricted by national and municipal industrial policies.)

E Fund Management Co., Ltd.

Company name E Fund Management Co., Ltd.

Unified social credit code 91440000727878666D

Date of establishment: April 17, 2001

Business Type Other Limited Liability Company

Registered capital 132.442 million yuan

Residence: 6th Floor, No. 188, Rongyue Road, Hengqin New District, Zhuhai City, Guangdong Province

Legal representative Wu Xinrong

Business scope: Publicly raised securities investment fund management, fund sales, and specific customer asset management. (Projects that require approval according to law can only be carried out with approval from relevant departments)

CITIC Securities Asset Management Co., Ltd.

Company name CITIC Securities Asset Management Co., Ltd.

Unified social credit code 91110106MACAQF836T

Date of establishment: March 1, 2023

Enterprise type limited liability company (sole proprietorship of legal person)

Registered capital 1 million yuan

Residence 1-288, Sixth Floor, Floor 01, Building 2, No. 3, Jinli South Road, Fengtai District, Beijing

room

Legal representative Yang Bing

Licensed items: Securities business. (Projects that require approval according to law can only be carried out with the approval of the relevant departments. Specific business projects are based on the approval documents or business scope of the relevant departments.

Certificate shall prevail) (You are not allowed to engage in business activities that are prohibited or restricted by the national and this city’s industrial policies.)

GF Securities Co., Ltd.

Company name GF Securities Co., Ltd.

Unified social credit code 91440000126335439C

Date of establishment: January 21, 1994

Enterprise type: joint-stock company (listed, natural person investment or holding)

Registered capital 7,824,845,511 yuan

Address: Room 618, No. 2, Tengfei 1st Street, Sino-Singapore Guangzhou Knowledge City, Huangpu District, Guangzhou City, Guangdong Province Legal Representative Lin Chuanhui

Licensed items: securities business; sales of public securities investment funds; securities companies providing intermediary introduction services to futures companies; securities investment fund custody. (Business scope that requires approval according to law

Projects can only be carried out with the approval of relevant departments. Specific business projects shall be subject to the approval documents or licenses of relevant departments)

Heilongjiang Venture Capital Co., Ltd.

Company name Heilongjiang Venture Capital Co., Ltd.

Unified social credit code 91230199MA1C6UHW4K

Date of establishment: July 30, 2020

Enterprise type: Limited liability company (a sole proprietorship of a legal person that is not invested or controlled by a natural person) Registered capital: 530 million yuan

Residence: 16th Floor, Building B, No. 99-9, Changjiang Road, Nangang Concentrated Area, Harbin Economic Development Zone Company Name: Heilongjiang Venture Capital Co., Ltd.

Legal representative Zhao Feng

General projects: engaging in investment activities with self-owned funds; asset management business scope of self-owned funds investment

service.

Huatai Asset Management Co., Ltd.

Company name Huatai Asset Management Co., Ltd.

Unified social credit code 91310000770945342F

Date of establishment: January 18, 2005

Business Type Other Limited Liability Company

Registered capital 600.6 million yuan

Residence Unit 8F and 7F701, No. 1101 Bocheng Road, China (Shanghai) Pilot Free Trade Zone Legal representative Zhao Minghao

Manage and utilize self-owned funds and insurance funds, entrusted fund management business, consulting business related to the fund management business scope, and other asset management businesses permitted by national laws and regulations. [Projects that require approval according to law can only be carried out with the approval of relevant departments]

China Life Asset Management Co., Ltd.

Company name China Life Asset Management Co., Ltd.

Unified social credit code 91110000710932101M

Date of establishment: November 23, 2003

Business Type Other Limited Liability Company

Registered capital 4 million yuan

Residence: Floors 14 to 18, China Life Center, No. 17 Financial Street, Xicheng District, Beijing

Legal representative Yu Yong

Management and use of self-owned funds; entrusted or entrusted asset management business; consulting business related to the above businesses; other asset management businesses permitted by national laws and regulations. (Projects that require approval according to law can only carry out business activities after approval by relevant departments) (Enterprises shall conduct business activities according to their business scope.

It is strictly prohibited to independently select business projects and carry out business activities; for projects that require approval according to law, business activities will be carried out in accordance with the approved content after approval by relevant departments; they are not allowed to engage in business activities that are prohibited or restricted by the city's industrial policies. )

(2) The relationship between the issuer and the issuer, major transactions in the past year and future transaction arrangements

According to the "Subscription Quotation", "Description of Related Relationships" and other information provided by the issuance target, there is no situation in this issuance in which the controlling shareholders, actual controllers, directors, senior managers of the issuer and the lead underwriter and their related parties that control or exert significant influence participate in the subscription of this issuance directly or indirectly.

According to the provisions of the "Subscription Invitation", investors who participate in this issuance to specific objects are deemed to have recognized and promised that the listed company, its controlling shareholders, actual controllers, and major shareholders will not make a guarantee of guaranteed income or a disguised guarantee of income to the issuance object, and there will be no financial assistance or compensation to the issuance object directly or through stakeholders.

After verification, the objects of this issuance do not include the controlling shareholders, actual controllers, directors, senior managers of the issuer and the lead underwriter, and the related parties they control or exert significant influence. There is no situation where the above-mentioned institutions and personnel participate in the subscription of this issuance directly or indirectly. There is also no situation where the issuer and its controlling shareholders, actual controllers, and major shareholders have made a guarantee of guaranteed income or a disguised guarantee of guaranteed income to them, or provided financial assistance or other compensation to them directly or through stakeholders.

(3) Description of the major transactions between the issuer and its related parties and the issuer in the past year as well as future transaction arrangements

There have been no major transactions between the issuer of this issuance and the company in the past year. As of the issuance date of this listing announcement, there are no future transaction arrangements between the company and the issuer. For transactions that may occur in the future, the company will strictly follow the requirements of the company's articles of association and relevant laws and regulations, perform corresponding decision-making procedures, and make full information disclosure.

(4) Verification of the issuance target’s performance of private equity investment fund registration

According to the Securities Investment Fund Law of the People's Republic of China, the Regulations on the Supervision and Administration of Private Investment Funds, the Interim Measures for the Supervision and Administration of Private Investment Funds, and the Registration and Filing Measures for Private Investment Funds, private investment funds refer to investment funds established by raising funds from qualified investors in a non-public manner, including companies or partnerships established for the purpose of investment activities whose assets are managed by fund managers or general partners; private investment funds need to register private fund managers and register private funds in accordance with regulations.

Based on the bidding results, Beijing Zhonglun Law Firm, the lead underwriter and issuance witness lawyer, verified whether the allotted objects of this issuance were registered as private investment funds stipulated in the "Securities Investment Fund Law of the People's Republic of China", "Interim Measures for the Supervision and Administration of Private Investment Funds", "Registration and Filing Measures for Private Investment Funds" and other laws and regulations, normative documents and self-regulatory rules. The relevant verification information is as follows:

CCCC Capital Holdings Co., Ltd., China Galaxy Asset Management Co., Ltd., GF Securities Co., Ltd., and Heilongjiang Venture Capital Co., Ltd. participated in this subscription with their own or legally self-raised funds, which do not fall under the "Securities Investment Fund Law of the People's Republic of China" and the "Interim Measures for the Supervision and Administration of Private Investment Funds" " and private equity investment funds or private equity fund managers regulated by the "Registration and Filing Measures for Private Equity Investment Funds" are also not private asset management plans regulated by the "Administrative Measures for the Private Equity Asset Management Business of Securities and Futures Business Institutions" and do not need to perform the relevant registration and filing procedures for private equity investment funds and private equity management plans.

Caitong Fund Management Co., Ltd., Nord Fund Management Co., Ltd., E Fund Management Co., Ltd., CITIC Securities Asset Management Co., Ltd., Huatai Asset Management Co., Ltd., and China Life Asset Management Co., Ltd. participated in the subscription and received allotment of the asset management plan products, public fund products or pension products under their management. They participated in the subscription and received allotment. The asset management plan that has been placed has been registered with the Asset Management Association of China in accordance with the provisions of the Securities Investment Fund Law of the People's Republic of China, the Measures for the Administration of Private Equity Asset Management Business of Securities and Futures Institutions, and other laws and regulations, normative documents and self-regulatory rules. Other products that it participated in the subscription and received placement do not need to go through the private investment fund registration procedures.

(5) Explanation on the suitability of the subscription objects

According to the "Measures for the Management of Suitability of Investors in Securities and Futures" and the "Implementation Guidelines for the Management of Investor Suitability of Securities Business Institutions (Trial)", the lead underwriter must carry out investor suitability management.

According to the investor classification standards agreed in the "Subscription Invitation", investors are divided into professional investors and ordinary investors. Ordinary investors are divided into C1, C2, C3, C4 and C5 according to their risk tolerance level from low to high. The risk level of the issuance of stocks to specific objects is defined as R3, and both professional investors and ordinary investors C3 and above can subscribe.

The investors who participated in the quotation and were ultimately allocated in this issuance have submitted relevant materials in accordance with the relevant regulations and the investor suitability management requirements in the "Subscription Invitation Letter". The lead underwriter's conclusion on the suitability of the investors who received allocations in this issuance is:

Product risk level and risk number Name of subscription target Investor classification

Does the affordability match?

1 CCCC Capital Holdings Co., Ltd. Type II professional investor Yes

Product risk level and risk number Name of subscription target Investor classification

Whether the affordability matches 2 Caitong Fund Management Co., Ltd. Category I professional investor Yes

3 Nord Fund Management Co., Ltd. Category I professional investor Yes

4 China Galaxy Asset Management Co., Ltd. Class I professional investor Yes

5 E Fund Management Co., Ltd. Category I professional investor Yes

6 CITIC Securities Asset Management Co., Ltd. Category I professional investor Yes

7 GF Securities Co., Ltd. Category I professional investor Yes

8 Heilongjiang Venture Capital Co., Ltd. Ordinary investor Yes

9 Huatai Asset Management Co., Ltd. Category I professional investor Yes

10 China Life Asset Management Co., Ltd. Category I professional investor Yes

After verification, the above 10 issuance targets all comply with the "Measures for the Management of Suitability of Investors in Securities and Futures", the "Implementation Guidelines for the Management of Investor Suitability of Securities Business Institutions (Trial)" and the relevant system requirements for the management of investor suitability of lead underwriters.

(6) Explanation on the source of funds for the subscription objects

According to the "Subscription Quotation" and other information provided by the issuance target, there is no situation in this issuance in which the issuer's and the lead underwriter's controlling shareholders, actual controllers, directors, senior managers and their related parties that control or exert significant influence participate in the subscription of this issuance directly or indirectly.

According to the provisions of the "Subscription Invitation", investors who participate in this issuance to specific targets are deemed to have recognized and committed that the listed company, its controlling shareholders, actual controllers, and major shareholders will not make guaranteed income guarantees or disguised guarantees of income to the issuers, and will not provide financial assistance or other compensation to the issuers directly or through stakeholders.

After verification, there is no situation in which the issuer and major shareholders provide financial assistance, compensation, promised benefits, etc. to the allocated investors directly or through their stakeholders, and it complies with the China Securities Regulatory Commission's "Guidelines for the Application of Regulatory Rules - Issuance Category No. 6" and other relevant regulations.

The lead underwriter’s concluding opinions on the issuance process to specific objects and the compliance of the issuance objects

The lead underwriter of this issuance believes that:

This issuance of Jiantou Energy has received the necessary authorization and has been approved by the China Securities Regulatory Commission for registration. The issuance process of this issuance complies with the Company Law, the Securities Law, the Measures for the Administration of Securities Issuance and Underwriting, the Registration Management Measures, the Implementation Rules and other laws, regulations and normative documents, as well as the issuer's board of directors and shareholders' meeting resolutions on this issuance and the issuance plan of this issuance of stocks to specific objects. It is in compliance with the China Securities Regulatory Commission's "Reply on the Registration of Hebei Jiantou Energy Investment Co., Ltd.'s Issuance of Stocks to Specific Objects" (CSRC Permit [2026] 700 No.) and Jiantou Energy fulfill the requirements of the internal decision-making procedures, and the issuance process is legal and effective.

The issuance of shares to specific targets is fair and impartial in the selection of subscription targets, in line with the interests of the company and all its shareholders, and in compliance with the provisions of laws, regulations and normative documents such as the "Securities Issuance and Underwriting Management Measures", "Registration Management Measures", "Implementation Rules" and other laws, regulations and normative documents as well as the relevant provisions of the issuance plan of this issuance. The investor category (risk tolerance level) of the issuance targets matches the risk level of this issuance. The source of subscription funds for this issuance is its own funds or self-raised funds. There are no external fundraising, entrusted holdings, structured arrangements, or direct or indirect use of funds from the issuer and its related parties for this subscription. The objects of this issuance do not include the controlling shareholders, actual controllers, directors, senior managers of the issuer and the lead underwriter and their related parties that control or exert significant influence, nor do the above-mentioned institutions and personnel directly or indirectly participate in the subscription of this issuance. The listed company and its controlling shareholders, actual controllers and major shareholders have not made any guarantee of guaranteed income or disguised guarantee of income to the issuers of this issuance, nor have they provided financial assistance or compensation to the issuers directly or through stakeholders.

Concluding opinions of the issuer’s lawyer on the issuance process to specific objects and the compliance of the issuance objects

The issuer’s lawyer, Beijing Zhonglun Law Firm, believes:

The issuer has obtained the necessary internal approvals and authorizations for this issuance, and has obtained the review and approval of the Shenzhen Stock Exchange and the registration approval of the China Securities Regulatory Commission;
The contents of the subscription invitation document and the share subscription contract for this issuance are legal and valid, the issuance process of this issuance is legal and compliant, and the issuance results such as the issuance price, issuance objects, number of shares issued and total raised funds determined for this issuance are fair and equitable, and comply with the provisions of laws and regulations such as the "Registration Management Measures", the "Securities Issuance and Underwriting Management Measures" and the relevant requirements of the shareholders' meeting resolution of the listed company on this issuance;
The target of this issuance complies with the provisions of relevant laws and regulations, has the subject qualifications for subscription of this issuance and meets the suitability requirements of investors. The source of funds for this subscription of the subscriber complies with the "Guidelines for the Application of Regulatory Rules - Issuance Category No. 6" and other relevant regulations.

Section 3 Information on the listing of new shares this time

1. Approval status of listing of new shares

2. Basic information on new shares

Securities abbreviation of new shares: Jiantou Energy

Securities code: 000600

Listing location: Shenzhen Stock Exchange

3. Listing time of new shares

The listing time of the new shares will be September 7, 2026. The company's stock price will not be ex-rights on the listing date of the new shares, and stock trading will have price limits.

4. Sales restriction arrangements for new shares

After the issuance is completed, the shares subscribed by the issuance objects shall not be transferred within 6 months from the date of listing, starting from September 7, 2026 (the first day of listing). The shares issued by the company acquired by the target of this issuance and derived from the company's distribution of stock dividends, transfer of capital reserves, etc. shall also comply with the above-mentioned share locking arrangements. If the China Securities Regulatory Commission has other regulations or requirements, those regulations or requirements shall prevail.

Section 4 The changes in shares and their impact

1. The company’s capital structure before and after this issuance

Before and after this issuance, the changes in the company’s share capital structure are as follows:

Before this issuance This change After this issuance

Share type Ratio Ratio Number of shares (shares) Number of shares (shares) Number of shares (shares)

(%) (%) Sales restrictions apply

713,183,500 39.55% 231,141,279 944,324,779 46.42%

Unlimited sales conditions

1,090,050,876 60.45% - 1,090,050,876 53.58%

2. Comparison of the top ten shareholders before and after this issuance

(1) The top ten shareholders of the company before this issuance

As of June 30, 2026, the total share capital of the listed company was 1,803,234,376 shares. The shareholdings of the top ten shareholders of the listed company are as follows:

Order Number of shares held Shareholding ratio

Name of shareholder Number of restricted shares (shares) Number (shares) (%)

1 Hebei Construction Investment Group Co., Ltd. 1,175,905,950 65.21 701,495,667.00 2 Hong Kong Securities Clearing Company Limited 57,681,485 3.20 -

Industrial Bank Co., Ltd.-China Universal Quality and Price

3 10,000,000 0.55-value hybrid securities investment fund

China Construction Bank Co., Ltd.-GF China Securities

4 All-inclusive electric utility trading open index 6,880,160 0.38 -

securities investment funds

5 Guo Shuadong 6,385,300 0.35 -

China Construction Bank-Hua Xia Dividend Mixed Open

6 4,380,900 0.24 -

securities investment funds

7 Xiao Aipei 3,759,998 0.21 - 8 Goldman Sachs International - Own funds 3,018,772 0.17 - 9 Hou Shuhao 2,956,700 0.16 - 10 BARCLAYSBANKPLC 2,815,421 0.16 -

Total 1,273,784,686 70.63 701,495,667.00

(2) The top ten shareholders of the company after this issuance

Assuming that based on the above shareholdings, after the issuance of new shares is completed and the share registration is completed, the top ten shareholders of the company and their shareholdings are as follows:

Order Shareholding Ratio Number of Restricted Shares

Name of shareholder Number of shares held (shares)

No. (%) (Share) 1 Hebei Construction Investment Group Co., Ltd. 1,175,905,950 57.80 701,495,667 2 CCCC Capital Holdings Co., Ltd. 102,459,016 5.04 102,459,016 3 Hong Kong Securities Clearing Company Limited 57,681,485 2.84 - 4 Caitong Fund Management Co., Ltd. 31,188,524 1.53 31,188,524 5 Nord Fund Management Co., Ltd. 19,890,710 0.98 19,890,710 6 China Galaxy Asset Management Co., Ltd. 16,393,442 0.81 16,393,442 7 E Fund Management Co., Ltd. 12,704,918 0.62 12,704,918 8 CITIC Securities Asset Management Co., Ltd. 12,295,081 0.60 12,295,081 9 GF Securities Co., Ltd. 11,857,923 0.58 11,857,923 10 Heilongjiang Venture Capital Co., Ltd. 10,928,961 0.54 10,928,961

Total 1,451,306,010 71.34 919,214,242

3. Changes in shareholdings of the company’s directors and senior managers before and after the issuance

The company's directors and senior managers did not participate in this subscription. The number of shares held by the company's directors and senior managers did not change before and after this issuance.

4. The impact of this issuance on major financial indicators

Based on the company's equity attributable to the owners of the parent company as of December 31, 2025, and June 30, 2026, and the net profit attributable to the owners of the parent company in 2025 and January-June 2026, and taking into account the new net assets added by this issuance, and based on the fully diluted share capital after this issuance, the comparison of the company's net assets per share and earnings per share attributable to shareholders of listed companies before and after this issuance is as follows:

Before this issuance (yuan/share) After this issuance (yuan/share) Items January-June 2026 2025 January-June 2026 2025

/End of June 2026 /End of 2025 /End of June 2026 /End of 2025 Basic earnings per share 0.43 1.04 0.38 0.92 Attributable to shares of listed companies

6.81 6.58 6.87 6.66 Dong’s net assets per share

Note 1: Pre-issuance data are calculated based on the financial data disclosed in the company’s 2025 annual report and January-June 2026 report;

Note 2: Basic earnings per share after issuance = net profit attributable to shareholders of the parent company for the current period/total share capital after this issuance;

Note 3: Net assets per share after issuance = (owner's equity attributable to the parent company in the current period - other equity instruments + net proceeds raised this time) / total share capital after this issuance.

5. The impact of this issuance on the company

(1) Impact on the company’s capital structure

After the registration of the new shares issued to specific targets was completed, the company added 231,141,279 shares with trading restrictions. At the same time, this issuance will not result in a change in the company's control. Hebei Construction Investment Group will still be the company's controlling shareholder, and the Hebei Provincial State-owned Assets Supervision and Administration Commission will still be the company's actual controller. After the issuance to specific targets is completed, the company's equity distribution complies with the listing conditions stipulated in the Listing Rules.

(2) Impact on the company’s asset structure

After the funds raised from this issuance are in place, the company's total assets and net assets will increase at the same time, and the asset-liability ratio will decrease. This issuance has improved the company's overall financial strength and solvency, optimized its capital structure, and provided effective guarantee for the company's subsequent development.

(3) Impact on the company’s business structure

The investment projects raised by this issuance will be carried out around the company's main business, which is an expansion and supplement of the existing business. It is an important measure for the company to improve its industrial layout. After the project implementation is completed, the company's main business remains unchanged. Therefore, it will not cause changes in the listed company's business, nor will it cause asset integration.

(4) Impact on corporate governance structure

After the completion of this issuance, the actual controller of the company has not changed and will not have a substantial impact on corporate governance. However, the proportion of the company's shares held by institutional investors has increased. Among them, CCCC Capital Holdings Co., Ltd. holds 5.04% of the company's total share capital after the issuance, becoming an important shareholder of the company. The company's equity structure is more reasonable, which is conducive to the further improvement of the company's governance structure and the healthy and stable development of the company's business.

(5) Impact on the company and the structure of directors, senior managers and scientific researchers

This issuance will not have a significant impact on the company's director, senior management and core technical personnel structure. If the company intends to adjust the director, senior management and core technical personnel structure, it will perform necessary legal procedures and information disclosure obligations in accordance with relevant regulations.

(6) The impact of this issuance on horizontal competition and related transactions

After the completion of this issuance, there will be no major changes in the business relationship and management relationship between the company and its controlling shareholder, actual controller and its related parties. This issuance will not increase the horizontal competition between the company and its controlling shareholder, actual controller and its related parties.

The related transactions between the company and its controlling shareholders, actual controllers and their related persons will not change significantly as a result of this issuance. The company will continue to perform corresponding review procedures and information disclosure obligations in accordance with relevant regulations to ensure the compliance and fairness of such related transactions, in line with the interests of the listed company and all shareholders, and to ensure that the interests of small and medium-sized shareholders are not harmed.

Section 5 Financial Accounting Information Analysis

1. Main financial data and financial indicators

The company's 2023 annual financial statements were audited by Reanda Accounting Firm (Special General Partnership), and the standard unqualified "Audit Report" issued by Reanda Shenzi [2024] No. 0244 was issued; the company's 2024 and 2025 The annual financial statements were audited by Shun Lun Pan Certified Public Accountants (Special General Partnership), which issued standard unqualified audit reports with Xin Huishe Bao Zi [2025] No. ZB10595 and Xin Hui Shi Bao Zi [2026] No. ZB10918 respectively.

The main financial data of the company's consolidated statements during the reporting period are as follows:

(1) Main data of the consolidated balance sheet

Unit: 10,000 yuan

Project 2026-06-30 2025-12-31 2024-12-31 2023-12-31

Total assets 5,104,113.57 5,091,904.14 4,713,851.03 4,306,734.90Total liabilities 3,004,788.92 3,013,283.06 2,955,803.63 2,953,942.52Total shareholders’ equity 2,099,324.65 2,078,621.07 1,758,047.4 1,352,792.38 Total equity attributable to shareholders of the parent company 1,328,724.33 1,285,727.54 1,044,379.35 1,039,340.20 Note: Due to the merger under the same control, the issuer's 2023 financial data has been retrospectively adjusted, the same below.

(2) Main data of the consolidated income statement

Unit: 10,000 yuan

Project January to June 2026 2025 2024 Total operating income in 2023 1,023,054.44 2,278,563.81 2,351,723.83 1,958,300.14 Operating profit 126,454.66 339,041.24 81,621.51 21,700.53Total profit 126,427.11 341,860.94 82,198.37 33,038.80Net profit 109,328.02 289,430.87 69,592.96 21,445.69 Attributable to shareholders of the parent company

77,671.95 187,852.53 53,116.01 18,862.63Net profit

(3) Main data of the consolidated cash flow statement

Unit: 10,000 yuan

Project January-June 2026 2025 2024 2023

Project January-June 2026 2025 2024 Cash flow from operating activities in 2023

111,068.83 541,805.78 377,100.53 215,172.85 Net

Cash flows from investing activities

-247,843.14 -498,259.20 -385,974.37 -275,425.56 Net

cash flow from financing activities

27,649.07 79,669.16 48,033.77 86,751.06 Net

Net increase in cash and cash equivalents

-109,125.24 123,209.81 39,159.95 26,498.34 amount

(4) Main financial indicators

January-June 2026 2025 2024 2023 Projects

/End of June 2026 /End of 2025 /End of 2024 /End of 2023 Gross profit margin (%) 23.22 26.65 15.35 11.95 Weighted average return on equity

6.28 16.58 5.01 1.85 (%)

Period expense ratio (%) 12.10 13.17 12.55 12.14 Basic earnings per share (yuan/share) 0.43 1.04 0.30 0.11 Diluted earnings per share (yuan/share) 0.43 1.04 0.30 0.11 Asset-liability ratio (%) 58.87 59.18 62.70 68.59 Current ratio (times) 0.58 0.52 0.68 0.76 Quick ratio (times) 0.53 0.48 0.58 0.66 Interest coverage ratio (times) 5.97 7.40 2.11 1.53 Accounts receivable turnover rate (times) 4.08 7.93 8.02 7.63 Inventory turnover rate (times) 10.62 14.39 17.38 18.80 Total asset turnover rate (times) 0.20 0.46 0.52 0.47 Net assets per share (yuan/share) 6.81 6.58 5.77 5.80 Cash flow from operating activities per share

0.62 3.00 2.08 1.20 (yuan/share)

Net cash flow per share (yuan/share) -0.61 0.68 0.22 0.15 Note: The specific calculation formula of the company’s main financial indicators is as follows:

Gross profit margin = (operating income - operating cost) ÷ operating income;
Return on net assets and earnings per share are calculated in accordance with the "Information Disclosure and Preparation Rules for Companies that Offer Securities to the Public No. 9 - Calculation and Disclosure of Return on Net Assets and Earnings per Share" (revised in 2010);
Asset-liability ratio = total liabilities ÷ total assets;
Current ratio = current assets ÷ current liabilities;
Quick ratio = (current assets - inventory) ÷ current liabilities;
Interest coverage ratio = (total profit + financial expenses) ÷ financial expenses;
Accounts receivable turnover rate = operating income ÷ [(book value of accounts receivable at the beginning of the period + book value of accounts receivable at the end of the period) ÷ 2];
Inventory turnover rate = operating cost ÷ [(book value of inventory at the beginning of the period + book value of inventory at the end of the period) ÷ 2];
Total asset turnover rate = operating income ÷ [(total assets at the beginning of the period + total assets at the end of the period) ÷ 2];
Net assets per share = (total shareholders’ equity attributable to the parent company at the end of the period - other equity instruments) ÷ total share capital;
Cash flow generated from operating activities per share = net cash flow generated from operating activities in the current period ÷ total equity;
Net cash flow per share = net increase in cash and cash equivalents ÷ total equity.

2. Financial status, profitability and cash flow analysis

(1) Analysis of assets and liabilities

At the end of each reporting period, the total assets of the listed company were RMB 43,067,349,000, RMB 47,138,510,300, RMB 50,919,041,400, and RMB 51,041,135,700 respectively. The asset scale showed a growth trend, which was mainly due to the increase in the installed capacity of thermal power plants controlled by the company and the expansion of its operating scale. At the end of each reporting period, the total liabilities of listed companies were RMB 29,539,425,200, RMB 29,558,036,300, RMB 30,132,830,600, and RMB 30,047,889,200 respectively. The total liabilities increased slightly.

(2) Profitability analysis

During the reporting period, the listed company achieved operating income of RMB 19,583,001,400, RMB 23,517,238,300, RMB 22,785,638,100, and RMB 10,230,544,400 respectively. The overall operating income maintained a steady growth trend; the listed company achieved net profits attributable to shareholders of the parent company of RMB 188,626,300, RMB 531,160,100, 1,878,525,300 yuan and 776,719,500 yuan. In 2024 and 2025, the company's net profit attributable to shareholders of listed companies has increased significantly year-on-year. The main reasons are: 1. The domestic coal supply is generally stable, supply and demand have further improved, and coal prices have fluctuated downwards; 2. The company's investment income has also increased due to the increase in profits of the company's equity participation in thermal power companies.

(3) Cash flow analysis

During the reporting period, the net increases in cash and cash equivalents of listed companies were 264.9834 million yuan, 391.5995 million yuan, 1.2320981 million yuan, and -1.0912524 million yuan respectively; the net cash flows generated from operating activities were 2.1517285 million yuan, 3.7710053 million yuan, and 5418.0578 yuan respectively. million and 1,110.6883 million yuan, cash from operating activities showed a continuous net inflow.

Section 6: Institutions related to the newly added shares issuance and listing

Sponsor (joint lead underwriter): CITIC Securities Co., Ltd. Registered address: Building 4, No. 66 Anli Road, Chaoyang District, Beijing

Legal representative: Liu Cheng

Main handling personnel: He Xingqiang, Li Zuye, Tian Wenming, Wang Yu, Yang Xuelei, Wang Haohao, Zhou Dachuan Contact number: 010-56051438

Fax: 010-56160130

Co-lead underwriter: Cathay Haitong Securities Co., Ltd. Registered address: Cathay Haitong Building, No. 768, Nanjing West Road, Jing'an District, Shanghai Legal representative: Zhu Jian

Personnel in charge: Zhang Wei, Yuan Yechen, Fan Jiawei

Contact number: 021-38676666

Fax: 021-38676666

3. Law Firm: Beijing Zhonglun Law Firm

Address: Floors 22-24 and 27-31, South Tower, Building 3, Zhengda Center, No. 20 Jinhe East Road, Chaoyang District, Beijing

Person in charge: Zhang Xuebing

Handling lawyers: Mu Jingli, Zhong Chao, Xu Yuan

Contact number: 010-59572288

Fax: 010-65681838

Audit Institution 1: Shun Lun Pan Accountants LLP (Special General Partnership) Address: Fourth Floor, No. 61, Nanjing East Road, Huangpu District, Shanghai Person in Charge: Yang Zhiguo

Handling CPA: Lu Li, Duan Xianhong

Contact number: 010-56730088

Fax: 010-56730000

Audit Institution 2: Reanda Accounting Firm (Special General Partnership) Address: Room 1101, Building 210, Beili, Ciyun Temple, Chaoyang District, Beijing Person in Charge: Huang Jinhui

Handling CPA: Jia Zhipo, Lu Jianshe (resigned) Contact number: 010-85886680

Fax: 010-85886680

Capital Verification Agency: BDO Accounting Firm (Special General Partnership) Address: Fourth Floor, No. 61, Nanjing East Road, Huangpu District, Shanghai Person in Charge: Yang Zhiguo

Handling CPA: Lu Li, Duan Xianhong

Contact number: 010-56730088

Fax: 010-56730000

Section 7 Sponsor’s Listing Recommendations

1. Signing of the Sponsor Agreement and Designation of the Sponsor Representative

CITIC Securities designated Li Zuye and Tian Wenming as the sponsor representatives for this issuance to specific targets, and will be responsible for the issuance and listing work and the continuous supervision after the stock issuance and listing.

The practice status of the above two sponsor representatives is as follows:

Mr. Li Zuye: Sponsor representative, master's degree, certified public accountant, with legal professional qualifications, currently the vice president of the Investment Banking Management Committee of CITIC Securities. The main projects he has presided over or participated in include: Zhite New Materials IPO, Zhejiang Salt Co., Ltd. New Third Board listing, Anjing Food non-public, Gansu Energy non-public, Lianyungang issuance of shares to specific objects, Gansu Energy issuance of shares and payment of cash to purchase assets and raise supporting funds, Genesis issuance of shares to purchase assets and other projects. There are no projects that the sponsor representative is dutifully recommending. In the process of practicing the sponsorship business, he strictly abides by the "Measures for the Administration of the Sponsorship Business of Securities Issuance and Listing" and other relevant regulations, and has a good practice record.

Mr. Tian Wenming: Sponsor representative, master's degree, currently senior vice president of the Investment Banking Management Committee of CITIC Securities. Projects he has presided over or participated in include: Hunan Yuneng IPO, Lanzhou Bank IPO, Jinko Technology IPO, Baibang Technology IPO, Bank of Ningbo allotment, Juran Home Non-public, Huayin Electric Power Non-public, Gansu Energy Issuance Shares and payment of cash to purchase assets and raise supporting funds, Easyhome restructuring and listing, ENN Co., Ltd. issuance of shares and payment of cash to purchase assets, Century Dingli issuance of shares and payment of cash to purchase assets and raising supporting funds, Datang Telecom's major asset restructuring, Liaoning Energy is exempted from tender offer, Easyhome 2016 medium-term notes, China Guoxin 2018 Projects such as annual debt-to-equity swap special bonds and Xinao Gas’s 2019 corporate bonds. There are no projects that the sponsor representative is dutifully recommending. In the process of practicing the sponsorship business, he strictly abides by the "Measures for the Administration of the Sponsorship Business of Securities Issuance and Listing" and other relevant regulations, and has a good practice record.

2. The sponsor’s concluding opinions recommending the listing of the company’s new shares in this issuance

This issuance and listing application complies with laws and regulations and the relevant regulations of the China Securities Regulatory Commission and Shenzhen Stock Exchange. The sponsor has conducted due diligence and prudent verification on the issuer and its controlling shareholders and actual controllers in accordance with laws and regulations and the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange. It has fully understood the issuer's operating conditions and the risks and problems it faces. It has performed corresponding internal review procedures and has corresponding sponsorship work papers to support it.

The sponsor believes that the issuance of shares by Jiantou Energy to specific objects is in compliance with the Company Law, Securities Law and other laws and regulations as well as the relevant provisions of the China Securities Regulatory Commission and the Shenzhen Stock Exchange; CITIC Securities agrees to serve as the sponsor of Jiantou Energy’s issuance of stocks to specific objects and assume the corresponding responsibilities of the sponsor.

Section 8 Other important matters

From the date when this issuance was approved for registration by the China Securities Regulatory Commission to the publication of this listing announcement, no other important events that had a major impact on the company occurred.

When the new shares are listed in this issuance, the issuer still meets the substantive conditions for issuing shares to specific objects as stipulated in the "Registration Management Measures" and other relevant laws, regulations and normative documents.

Section 9 Documents for Inspection

1. Documents for reference

(1) The registration approval document from the China Securities Regulatory Commission;

(2) Listing application;

(3) Sponsorship agreement;

(4) Statement and commitment of the sponsor representative;

(5) Listing sponsorship letter, issuance sponsorship letter and due diligence report issued by the sponsor;

(6) Legal opinions and lawyer work reports issued by the issuer’s lawyers;

(7) A report issued by the lead underwriter on the issuance process to specific objects and the compliance of the subscription objects;

(8) A legal opinion issued by the issuer’s lawyer regarding the issuance process of shares to specific targets and the compliance of the subscription targets;

(9) Capital verification report issued by the capital verification agency;

(10) Written confirmation from the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. that the newly added shares have been registered for custody;

(11) Other documents required by Shenzhen Stock Exchange.

2. Check the location

Company name: Hebei Jiantou Energy Investment Co., Ltd.

Office address: Floor 17, Tower A, Yuyuan Plaza, No. 9 Yuhua West Road, Shijiazhuang City, Hebei Province Tel: 0311-85518633

Fax: 0311-85518601

(No text below)

(This page has no text, but is the stamped page of "Hebei Jiantou Energy Investment Co., Ltd.'s Announcement on the Issuance of Stocks to Specific Targets")

Hebei Jiantou Energy Investment Co., Ltd.

Year, Month, Day (This page has no text, but is the stamp page of the "Announcement on the Issuance of Stocks to Specific Objects by Hebei Jiantou Energy Investment Co., Ltd.")

CITIC Securities Co., Ltd.

Year, Month, Day (This page has no text, but is the stamp page of the "Announcement on the Issuance of Stocks to Specific Objects by Hebei Jiantou Energy Investment Co., Ltd.")

Cathay Haitong Securities Co., Ltd.

year month day

Jiantou Energy: Hebei Jiantou Energy Investment Co., Ltd. issued stock listing announcement to specific targets

1. Number and price of shares issued

2. New stock listing arrangements

3. Arrangement of restricted sales period for issuance objects

Section 1 Basic Information of the Company

Section 2 Information on the Issuance of New Shares

1. Issuance type and face value

2. Brief description of relevant procedures and issuance process of this issuance

3. Release time

4. Distribution method

5. Issuance quantity

6. Issuance price

7. Amount of funds raised and issuance fees

8. Receipt of raised funds and capital verification

9. Establishment of special account for raised funds and signing of tripartite supervision agreement

10. New share registration and custody situation

11. Subscription of shares by issuers

Section 3 Information on the listing of new shares this time

1. Approval status of listing of new shares

2. Basic information on new shares

3. Listing time of new shares

4. Sales restriction arrangements for new shares

Section 4 The changes in shares and their impact

1. The company’s capital structure before and after this issuance

Total number of shares 1,803,234,376 100.00% 231,141,279 2,034,375,655 100.00%

2. Comparison of the top ten shareholders before and after this issuance

3. Changes in shareholdings of the company’s directors and senior managers before and after the issuance

4. The impact of this issuance on major financial indicators

5. The impact of this issuance on the company

Section 5 Financial Accounting Information Analysis

1. Main financial data and financial indicators

2. Financial status, profitability and cash flow analysis

3. Law Firm: Beijing Zhonglun Law Firm

Section 7 Sponsor’s Listing Recommendations

1. Signing of the Sponsor Agreement and Designation of the Sponsor Representative

2. The sponsor’s concluding opinions recommending the listing of the company’s new shares in this issuance

Section 8 Other important matters

1. Documents for reference

2. Check the location