Northern International announced that it plans to acquire 80% of Aurora Solar D.O.O.'s shares through its Hungarian subsidiary with 13 million euros of its own capital, and expects a total investment of 110 million euros to build and operate the 125 MWp photovoltaic project in Komanyesan, Bosnia and Herzegovina. The project has not formally signed an investment agreement, and must comply with the filing procedures of the State Council's State-owned Assets Administration Commission, the National Development and Reform Commission, and the Ministry of Commerce. The project company Aurora Solar d.o.o., is a special purpose company set up by the original shareholders to develop this project. It is responsible for early development work and has basically obtained relevant licenses. The project uses the BOO method and has a cycle of 26 years, of which the construction period is 1 year and the operation period is 25 years. The internal return on total investment of the project was 9.68%, the internal rate of return on capital was 17.74%, and the payback period was 8.85 years. The purpose of the investment is to seize the new energy development window in Bosnia and Herzegovina, expand the electricity market in Central and Eastern Europe, and achieve new breakthroughs in the field of new energy sources. There are electricity price fluctuations, national politics, fiscal policies, and exchange rate risks, and the company will take corresponding measures to deal with them. The investment is not expected to have a significant impact on the company's financial situation and operating results this year.

Northern International announced that it plans to acquire 80% of Aurora Solar D.O.O.'s shares through its Hungarian subsidiary with 13 million euros of its own capital, and expects a total investment of 110 million euros to build and operate the 125 MWp photovoltaic project in Komanyesan, Bosnia and Herzegovina. The project has not formally signed an investment agreement, and must comply with the filing procedures of the State Council's State-owned Assets Administration Commission, the National Development and Reform Commission, and the Ministry of Commerce. The project company Aurora Solar d.o.o., is a special purpose company set up by the original shareholders to develop this project. It is responsible for early development work and has basically obtained relevant licenses. The project uses the BOO method and has a cycle of 26 years, of which the construction period is 1 year and the operation period is 25 years. The internal return on total investment of the project was 9.68%, the internal rate of return on capital was 17.74%, and the payback period was 8.85 years. The purpose of the investment is to seize the new energy development window in Bosnia and Herzegovina, expand the electricity market in Central and Eastern Europe, and achieve new breakthroughs in the field of new energy sources. There are electricity price fluctuations, national politics, fiscal policies, and exchange rate risks, and the company will take corresponding measures to deal with them. The investment is not expected to have a significant impact on the company's financial situation and operating results this year.