jereh Technology: Subsidiary invests in the construction of distributed photovoltaic power generation projects and leasing of sites

Jereh Technology announced that its controlling subsidiary Jereh Energy plans to invest in the construction of a 150MW (actual installed capacity) distributed photovoltaic power generation project in Longwei Town, Longwei District, Wuzhou City, Guangxi Province, at a total planned investment of approximately RMB 622.5975 million. In order to invest in the aforementioned distributed photovoltaic power generation project, Jereh Energy plans to sign a "Guangxi Aneng Meat Pigeon Industry Park Roof Lease Contract for the 150MW Distributed Photovoltaic Power Generation Project" with Guangxi Aneng Pigeon Industry Group Co., Ltd., leasing an area of approximately 1,298,700 square meters of roof and land in the Aneng Group's related industrial park for a total rent of approximately RMB 97.4025 million over the 25-year operating period of the project.