MING YANG SMART ENERGY GROUP LIMITED

(GDR under the symbol: "MYSE")

(a joint stock company established under the laws of the People's Republic of China with limited liability)

Announcement on General Risk Warning Regarding the Disclosure of the Restructuring Proposal and the Resumption of Trading of the Company's Stock

Important notice:

• Suspension and resumption of trading of stock: applicable

Due to the proposed issuance of shares and cash payment for asset acquisition, raising of supporting funds and related-party transactions, the suspension and resumption status of the Company's relevant stock is as follows:

Ming Yang Smart Energy Group Limited (hereinafter referred to as the "Company") is planning the issuance of shares and payment of cash for an acquisition of 100% equity in Uniwatt Technology Co., Ltd. together with the raising of supporting funds (hereinafter referred to as the "Transaction").

In view of the uncertainty of the Transaction, to ensure fair information disclosure, protect the interests of investors, and avoid a significant impact on the Company's stock price, upon the Company's application and in accordance with the relevant regulations of the Shanghai Stock Exchange, the trading of the Company's stock (stock abbreviation: MYSE, stock code: 601615) has been suspended from the opening of the market on January 13, 2026 (Tuesday). The suspension is expected to last for no more than 10 trading days. For details, please refer to the Announcement on Trading Suspension in Respect of the Proposed Issuance of Shares and Cash Payment for Asset Acquisition, Raising of Supporting Funds and Related-Party Transaction disclosed by the Company.

On January 22, 2026, the Company held the 30th meeting of the third Board, at which the "Proposal on the 'Proposal of Ming Yang Smart Energy Group Limited on Issuance of Shares and Cash Payment for Asset Acquisition, Raising of Supporting Funds and Related-Party Transactions' and its Summary" and other proposals related to the Transaction were deliberated and approved. For details, please refer to the relevant announcements and documents disclosed concurrently with this Announcement.

In accordance with relevant regulations and upon application to the Shanghai Stock Exchange, the Company's stock (stock name: MYSE, stock code: 601615) will resume trading at the opening of the market on January 23, 2026 (Friday).

As of the disclosure date of this Announcement, the audit and valuation work related to the Transaction has not yet been completed, and the Company's Board has decided not to convene a Shareholders' Meeting to deliberate on the Transaction for the time being. The Company will convene another Board meeting to deliberate on matters related to the Transaction after the relevant audit and valuation work is completed, and the Board will then convene a Shareholders' Meeting to deliberate on the above-mentioned proposals and other proposals related to the Transaction.

The Transaction is still subject to other relevant approval procedures before it can be implemented, including but not limited to the Company convening another Board meeting to deliberate on the Transaction Plan, the Company convening a Shareholders' Meeting to deliberate on and approve the Transaction Plan, the internal governing bodies of all parties involved in the Transaction deliberating on and approving the formal Transaction Plan, the review and approval by the Shanghai Stock Exchange, and the registration approval by the China Securities Regulatory Commission. The approval of the Transaction by the aforementioned authorities and the timing thereof are subject to uncertainties.

The Company will continue to advance the relevant work of the Transaction after the resumption of stock trading and will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations. All information shall be subject to the announcements released by the Company on its designated information disclosure channels. Investors are kindly requested to pay attention to subsequent announcements and be aware of investment risks.

Ming Yang Smart Energy Group Limited

22 January 2026