Thunder Power completes share exchange, becomes holding company of Taiwan solar firm

Thunder Power Holdings, Inc.

Issued 31,872,768 common shares (31.07% of outstanding) to 6 EPT shareholders for 26,783,838 EPT ordinary shares.
Becomes holding company of Electric Power Technology, a Taiwan solar and clean energy operator.
Electric Power Technology purchased an additional solar company on April 10, consolidating into Q2 2026.
Regulatory condition satisfied by Taiwan Ministry of Economic Affairs prior to closing.

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