Clean Energy Technologies Announces It Has Not Signed Any Agreement With China Ruifeng Over Its AI Computing Center Project In China's Xuanhua District

Clean Energy Technologies, Inc. (NASDAQ:CETY) ("CETY" or the "Company"), a clean energy technology company delivering scalable solutions in power generation, storage, waste-to-energy, and heat-to-power, today provided an update regarding its investment in a convertible bond issued by China Ruifeng Renewable Energy Holdings Limited (Stock Code: 00527.HK) ("China Ruifeng"), a company listed on The Stock Exchange of Hong Kong.

As previously disclosed, CETY entered into a purchase agreement to acquire a portion of a convertible bond issued by China Ruifeng.

On February 9, 2026, China Ruifeng publicly announced that it, through its wholly owned subsidiary Leading Win Resources Limited ("LWR"), entered into a non-binding investment framework agreement with the Management Committee of the Xuanhua Economic Development Zone in Zhangjiakou City, Hebei Province, People's Republic of China. The framework agreement contemplates LWR investing a total of approximately US$ 3.4 billion to initiate the the potential development of a large-scale artificial intelligence computing center project in Xuanhua District (the "Project"), subject to the execution of definitive agreements, regulatory approvals, and other customary conditions.