[IEA: Global grid investment expected to approach $550 billion in 2026, up nearly 20% year-on-year.]

【Zhuhai CosMX Discloses Shareholder Stake Reduction Result】Zhuhai CosMX Battery disclosed the stake reduction result of a shareholder holding more than 5% of its shares. Ningbo Huijincheng Venture Investment Partnership (Limited Partnership) reduced its holding by 21,440,812 shares in aggregate between August 17 and October 21, 2026, via centralized bidding and block trades, representing 1.88% of total share capital, at prices ranging from CNY 12.99 to CNY 15.43 per share, with total consideration of CNY 297.78 million. Following the reduction, the shareholder’s holding decreased from 78,354,828 shares (6.88% of total share capital) to 56,914,016 shares (5.00%). The reduction plan was first disclosed on June 30, 2026, with an original plan to reduce no more than 22,765,592 shares (up to 2.00% of total share capital); the actual reduction fell short of the plan ceiling by 1,324,780 shares and was not completed in full, nor terminated early. The company’s controlling shareholder and actual controller remain unchanged.