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Dear Clients,

We hope this letter finds you well.

According to an announcement jointly issued by China's Ministry of Finance and the State Administration of Taxation on November 15, 2024, the export tax rebate rate for some photovoltaic products and battery products will be reduced from 13% to 9%. This change directly affects the prices of our products.

In order to ensure that our clients can continue to enjoy the best prices, we kindly ask for your cooperation in the following matters:

Clients who placed orders before November 15th are requested to assist us in ensuring that shipments and customs clearance are completed smoothly by the end of November. If your order is not shipped and cleared within this time frame, we will be compelled to increase the product price by 4% in accordance with the new tax policy. We understand that this may cause inconvenience to your budget and planning, and we would like to inform you in advance while asking for your understanding and cooperation.

We highly value our partnership and are committed to offering you the best service and products. We believe that by working together, we can mitigate the effects of these tax policy changes.

If you have any questions or require further assistance, please do not hesitate to contact us. Our sales team is ready to support you.

Thank you for your understanding and cooperation. We look forward to continuing our long-standing relationship.

Sincerely,

SpolarPV Technology Co.,Ltd

November 18,2024

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